In a bold move to secure America’s supply chains and reduce dependence on foreign powers—particularly China—President Donald Trump announced the launch of Project Vault on February 2, 2026. This ambitious initiative establishes the first-ever U.S. […]
FRANKFURT, May 28 (Reuters) – Siemens Energy’s (ENR1n.DE), opens new tab wind turbine division Siemens Gamesa is planning to cut 4,100 jobs, or around 15% of its workforce, the unit’s Chief Executive Jochen Eickholt said in an […]
Berlin remains highly dependent on Beijing for various products and raw materials, data shows It would take decades for German businesses to end their reliance on imports from China, the chief financial officer of industrial […]
The wind power giant, Siemens Energy, saw its stock crash 37% following a profit warning due to difficulties within its wind turbine division. These types of problems are not isolated to Siemens. Vestas, the world’s […]
Siemens Gamesa has revealed its GreenerTower, a wind turbine tower made of more sustainable steel. The company already closed its first order with RWE to feature 36 of the GreenerTower units at the 1 GW […]
The greenies’ dream of “clean” (except for millions of dead birds) energy from wind farms is dying in the face of the poor economics (even with tax subsidies) and unreliable technology. The big players in […]
The German supplier of equipment to the power sector, which was spun off from Siemens AG in 2020, now expects a profit margin before special items of 1 per cent-3 per cent in the year […]
Between April and June, Siemens recorded a net loss of 1.5 billion euros ($1.5 billion), after a mirror 1.5-billion-euro profit in the same period last year. Frankfurt: German industrial conglomerateSiemenssaid Thursday it had made a […]
Siemens Energy and Air Liquide have formed a joint venture to mass produce industrial-scale electrolyzers in Europe for hydrogen production, the companies said June 23. Production is expected to begin in the second half of […]
Total and Siemens Energy have signed a technical collaboration agreement to study sustainable solutions for CO2 emissions reduction. The partnership will focus on natural gas liquefaction facilities and associated power generation, with both firms combining […]
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