Post Tagged with: "siemens energy"

Source: Reuters

Siemens Energy shares hit record low as sell-off continues

Nasdaq


FRANKFURT, Jan 24 – Shares in Siemens Energy ENR1n.DE hit a record low on Monday as a sell-off triggered by problems at its wind power division Siemens Gamesa SGREN.MC continued following a HSBC downgrade.

Siemens Energy’s stock fell as …

Source: Reuters

Shares in Siemens Energy and its wind business tumble after profit warning

Reuters


MADRID/FRANKFURT -Shares in wind turbine maker Siemens Gamesa tumbled on Friday after it cut its financial outlook for the third time in nine months, dragging down the market value of its rivals as well as parent company Siemens Energy.…

Source: Reuters

ANALYSIS-Helpless bystander? Siemens Energy’s $5.9 billion wind power problem

Nasdaq


FRANKFURT – Siemens Gamesa’s SGREN.MC profit warning last week served as a painful reminder for Christian Bruch, CEO of parent Siemens Energy ENR1n.DE, that there’s a big difference between owning a majority stake in an asset and having …

Source: CNBC

Dubai launches region’s ‘first industrial scale’ green hydrogen plant

CNBC


A Dubai-based project described as the “first industrial scale, solar-driven green hydrogen facility in the Middle East and North Africa” has been inaugurated, with those behind the development hoping it will help catalyze the region’s renewable energy sector.

In …

Source: Reuters

Siemens Energy to close sites after spin-off: source

Reuters


FRANKFURT/DUESSELDORF  – Siemens Energy, the power division being spun off from parent Siemens (SIEGn.DE) next month, plans to close plants in an effort to raise margins, a person close to the company said.

“Production sites will be …

August 28, 2020 - 11:00 am Closing Bell Story‎, Energy News, International