By September 2026, Siemens Energy had restored 13 of 20 transformers at Egypt’s Aswan Hydropower Complex, which generates around 60% of the country’s hydropower. The project is expected to enable 300 MW of clean power. In June 2026, Siemens Energy announced it would supply turbines and generators for the 2.6-GW Taweelah C plant in Abu Dhabi, enabling the future use of carbon capture and storage. In 2025, Siemens Energy secured its first multi-country sustainability-linked trade finance facility from Standard Chartered across eight markets, with financial terms tied to ESG targets. Shoukry assumed his current role in 2025.