Offer at € 18.05 per share, representing an attractive premium of 27.7 percent to the last unaffected closing share price of Siemens Gamesa Renewable Energy of € 14.13 on 17 May 2022 The transaction will support management’s efforts to resolve the current challenges at Siemens Gamesa Renewable Energy, and generate value for the companies’ shareholders […]
GWEC: Wind turbine sizes keep growing as industry consolidation continues
According to the report, 22,893 wind turbines were installed globally in 2019 produced from 33 suppliers and accounting for over 63 GW of capacity, a new supply side record in terms of capacity for the industry MANGALURU: The Global Wind Energy Council (GWEC) has published its second edition of its annual Supply Side Analysis 2019 […]
Siemens sees strongest coronavirus impact in next quarter as second-quarter profit plunges
The trains to industrial software maker said it now expected a “moderate decline” in comparable full year revenue. Siemens had previously predicted moderate growth ZURICH: Siemens expects “even stronger impacts” from the coronavirus pandemic in the weeks ahead, it said on Friday as it ditched its 2020 guidance and posted an 18% drop in industrial […]
Wind power firms call for nations to maintain green momentum amid pandemic
Some governments have set themselves goals of reaching net zero emissions by 2050 or sooner, as pressure to act against climate change grows LONDON: Wind power companies have called on governments to ensure efforts to encourage low-carbon energy are maintained amid the economic fallout from the coronavirus pandemic, according to a statement seen by Reuters. […]
Bankrupt wind turbine maker Senvion in talks to buy time for rescue deal
The company is in discussions with creditors to extend a 100 million euro ($111 million) insolvency loan so it can avoid having to agree to sell at any price FRANKFURT: Bankrupt German wind turbine manufacturer Senvion is in talks to buy time to strike a rescue deal as negotiations with potential buyers of the company […]
Siemens Gamesa Bags Order For 376 Mw Formosa 2 Offshore Wind Project In Taiwan
Siemens Gamesa Renewable Energy has conditionally received an order for the supply of offshore wind turbines including a 20-year full Service agreement for the 376megawatt Formosa 2 Offshore Wind Farm Project in Taiwan. The awarding consortium partners are Macquarie Capital and Swancor Renewable Energy Co. A firm order is subject to the consortium’s final investment […]
Siemens Gamesa bags 567 MW wind turbine order from ReNew Power
Wind turbine major Siemens Gamesa Renewable Energy on Thursday said it has bagged a new order for 567 MW from ReNew Power, an independent power producer. A statement issued here said the scope of order includes supply of 270 units, out of which 127 units of SG 2.1-122 wind turbines will be installed at Bhuj, […]