Post Tagged with: "Siemens Gamesa"

Source: CNBC

Offshore wind powerhouse Siemens Gamesa sees its value nearly halve in a year


Siemens Gamesa Renewable Energy has cut its guidance for the coming year after a turbulent period that has seen its market capitalization nearly halve.

The wind turbine manufacturer on Thursday said it continued to be “challenged by market dynamics,”

Source: CNBC

Wind turbine giant Siemens Gamesa lays out plan to drive down cost of ‘green’ hydrogen


So-called “green” hydrogen production using onshore wind turbines could achieve price parity with fossil-based hydrogen by the year 2030, according to a white paper from Siemens Gamesa Renewable Energy.

In a statement on Wednesday the firm — a …

Source: Reuters

Siemens Gamesa confident of return to profitability but shares slide


MADRID – Wind turbine maker Siemens Gamesa (SGREN.MC) said its profit margins are set to rebound after a slump exacerbated by the pandemic and its onshore unit should break even in 2022, but its short-term targets disappointed …

Source: CNBC

Offshore wind project near Virginia Beach to use giant turbines with 108-meter blades


A vast offshore wind project planned for waters off the coast of Virginia Beach looks set to use Siemens Gamesa Renewable Energy’s latest wind turbines, it was announced Tuesday.

The European company said that the 2.64 gigawatt (GW) Dominion …