Siemens Energy reviews wind unit set-up after $5 billion loss

[ad_1] [1/3]Siemens Energy CEO Christian Bruch addresses the annual results press conference in Munich, Germany, November 15, 2023. REUTERS/Leo Simon Acquire Licensing Rights No further provisions for faulty onshore turbine…

German government supports Siemens Energy with $8 bln guarantees

[ad_1] [1/2]The logo of energy technology company Siemens Energy is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Acquire…

Breakingviews – More US-China take-privates could get feisty

[ad_1] U.S. and Chinese flags are set up before a meeting between U.S. Treasury Secretary Janet Yellen and Chinese Vice Premier He Lifeng in Beijing, China, Saturday, July 8, 2023.…

Siemens Energy $16 bln guarantee deal to be unveiled on Wednesday -sources

[ad_1] The logo of energy technology company Siemens Energy is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Acquire…

New York throws support behind offshore wind with three project awards

[ad_1] Oct 24 (Reuters) – New York officials on Tuesday said the state has awarded conditional contracts to three offshore wind projects as part of a massive renewable energy procurement…

Singapore’s Seatrium builds first floating energy storage facility in SE Asia

[ad_1] SINGAPORE, Oct 19 (Reuters) – Seatrium Ltd (SEAT.SI), an energy and marine solutions company, said on Thursday it has completed the installation of a floating Energy Storage System (ESS)…

Ford, Hyundai turn to Italian casting machine maker IDRA

[ad_1] The OL 9000 CS gigapress machine is pictured at the IDRA group plant in Travagliato, Italy, October 10, 2023. REUTERS/Giulio Piovaccari Acquire Licensing Rights TRAVAGLIATO, Italy, Oct 11 (Reuters)…

Breakingviews – Siemens is case study in China de-risking dilemma

[ad_1] LONDON, Oct 4 (Reuters Breakingviews) – Roland Busch has a problem familiar to many German corporate chieftains. Siemens’ (SIEGn.DE) chief executive presides over a sprawling $110 billion conglomerate with…

OMERS, APG to buy Dutch meters business Kenter in $764 million deal

[ad_1] LONDON, July 3 (Reuters) – Canada’s OMERS and Dutch pension investor APG have agreed to buy Netherlands-based energy infrastructure solutions firm Kenter, according to a draft announcement of the…

Swedish prime minister urges energy restraint to prevent shortages

[ad_1] Swedish Prime Minister Ulf Kristersson attends the European Union leaders’ summit in Brussels, Belgium, October 20, 2022. REUTERS/Piroschka van de Wouw/File Photo STOCKHOLM, Dec 9 (Reuters) – Sweden’s prime…