EIB to Support EU Wind Sector With €5 Billion in Bank Guarantees
The European Investment Bank will pledge €5 billion in counter-guarantees to help support the region’s ailing wind energy
2023-12-02 17:45
German Budget Chaos Puts Industry’s Green Overhaul at Risk
Germany’s emergency spending freeze is blocking funds for next-generation auto-industry and steel plants, jeopardizing the push to re-engineer
2023-11-22 00:15
Siemens Energy Confronts Bruised Investors Looking for Answers
After multiple shocks wiping off billions of euros of market value, Siemens Energy AG will be trying to
2023-11-21 17:57
Siemens Sees Slower Revenue Growth With China in Recovery Mode
Siemens AG expects a slowdown in revenue growth for fiscal 2024 with demand for factory automation products in
2023-11-16 14:17
Siemens Energy Sees Profit in 2024 After Government Intervention
Siemens Energy AG sees a return to profit in the coming fiscal year after a government-led deal boosted
2023-11-15 14:19
World’s Top Renewable Firms Reel Even as Installations Surge
The biggest manufacturers of wind turbines and solar panels are facing their most serious financial challenges in years
2023-11-01 13:21
Siemens Energy Weighs Sale of Indian Stake to Siemens
Siemens Energy AG is considering selling a substantial part of its 24% stake in a listed Indian affiliate
2023-10-31 17:24
As Wind Industry Struggles, Investors Brace for Orsted Losses
As the German government scrambles to prop up Siemens Energy AG, another major European wind firm faces its
2023-10-30 14:23
G-7 Trade Chiefs Slam Weaponization of Economic Dependencies
Trade chiefs of the most advanced economies criticized some nations for exploiting the commercial vulnerabilities of others to
2023-10-29 15:25
Germany’s Siemens Energy Chairman Defends Business With Rosatom
Siemens Energy AG supervisory board chairman Joe Kaeser defended plans to continue doing business with Russia’s nuclear giant
2023-10-28 19:53
Siemens Profit Weighed Down by China Decline, Wind-Turbine Loss
Siemens AG’s earnings fell short of analyst estimates as the company saw demand for its digital industries unit
2023-08-10 13:18
Siemens Energy Reviews Wind Business on Seeing €4.5 Billion Loss
Siemens Energy AG is scrutinizing its wind business for a strategic reset after heavy costs related to ongoing
2023-08-07 13:23