[ad_1] Updated Nov. 15, 2023 3:11 am ET Siemens Energy is reviewing the structure of its troubled wind-turbine business and taking measures to strengthen the group’s balance sheet after swinging…
Tag: ENR.XE
Siemens Energy Reviews Wind Business Structure After Swing to Loss — Update
[ad_1] Siemens Energy is reviewing the structure of its troubled wind-turbine business and taking measures to strengthen the group’s balance sheet after swinging to a net loss in its fiscal…
Why the Shine Has Come Off Clean-Energy Stocks
[ad_1] Clean-energy stocks have fallen out of favor, with pressures created by rising interest rates outweighing supportive government policies. The iShares Global Clean Energy ETF reached its lowest level since…
Wind Industry Hits Rough Seas as Problems Mount
[ad_1] More than $30 billion in spending is delayed as crisis hits the renewable-energy sector that governments view as key. [ad_2] Source link
Siemens Energy Lowers FY 2023 Guidance on Wind-Turbine Unit Charges
[ad_1] Siemens Energy now expects a net loss of €4.5 billion, while profit margin before special items is seen between minus 10% and minus 8% for 2023, due to mounting…