Germany Pressures Siemens to Support Troubled Wind-Turbine Maker

[ad_1] German Chancellor Olaf Scholz ratcheted up pressure on Siemens Energy AG’s biggest shareholder Siemens AG to help shore up the troubled wind-turbine maker’s finances as part of a joint…

France taps nuclear know-how to recycle EV batteries

[ad_1] PARIS: In the cradle of France’s atomic programme, researchers are using their nuclear know-how for a key project in the country’s energy transition: recycling the raw materials in old…

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…