Still Waiting for The Magical Future of Free Wind Power • Watts Up With That?
The only question is how far down the road we get before the plug gets pulled.
Source: wattsupwiththat.com
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Still Waiting For The Magical Future Of Free Wind Power
No country has ever gotten half its electricity from wind when averaged over a year. Not even Germany.
Source: climatechangedispatch.com
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Investor confidence crisis grips Siemens Energy after record sell-off
A record sell-off in Siemens Energy shares has laid bare a major loss of confidence by investors in the group's ability to fix its struggling wind turbine division, leaving them fearful of what else to expect down the road.
Source: reuters.com
WindAction | Siemens Energy slumps after warning of longer Gamesa turnaround
Siemens Energy AG slumped by a record over escalating issues at Siemens Gamesa Renewable Energy SA, the latest in a long line of costly problems uncovered at the wind turbine unit. The shares plummeted as much as 36% after the Spanish division uncovered worse-than-expected quality flaws at its onshore wind turbines, delaying turnaround efforts. Siemens Energy, scrapping its annual profit guidance, warned that additional costs may exceed €1 billion ($1.1 billion).
Source: windaction.org
Siemens Gamesa Uncovers Deep Flaws in Legacy Wind Turbine Fleet
Wind turbine builder Siemens Gamesa has warned previously that it faces large costs in connection with durability issues in its legacy fleet, but the...
Source: maritime-executive.com