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The Smart Grid Division of Siemens and Spanish utility Iberdrola intend to join forces on smart infrastructure for energy and water in the Middle East.

The two parties have signed a memorandum of understanding stating that they plan to negotiate a contract for a strategic alliance. As part of this alliance, the companies intend to develop smart grid technologies for Qatar and the entire Middle East.

Siemens and Iberdrola report that they hope to integrate energy from renewable sources, such as the sun and wind, into smart grids. In addition, both parties intend to develop systems designed to balance the supply and demand for energy.

The companies also plan to cooperate in monitoring and controlling distribution grids.

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