Company Strategy

Siemens Energy scrapped its financial outlook last week after revealing the shocking extent of turbine component failures within its subsidiary,

Siemens Energy has scrapped its profit guidance for 2023 due to a “substantial increase in failure rates of wind turbine

A former CEO of GE’s renewable energy division from 2005 to 2013, Abate has been with the company for more

Finnish utility Fortum announced it will record an additional impairment of €990 million on its activities in Russia in its

President Biden’s flagship climate legislation – the Inflation Reduction Act (IRA) – is a “gamechanger” for GE and the wider

GE Renewable Energy plans to build a factory for producing nacelles and generators for its Haliade-X offshore wind turbine in

The turbine firm’s board of directors announced today that Bruch had been appointed chairman and that he will succeed Miguel

Ørsted’s deputy CEO Martin Neubert will stand down after the Danish energy giant makes a series of organisational changes that

However, Ørsted’s chief executive, Mads Nipper, said of the results: “We will see the offshore business bounce back, as we

Siemens Gamesa plans to “leave no stone unturned” when cutting costs as part of its Mistral turnaround programme, but its

Shanghai Electric New Energy Development will initially focus on projects in China, but will also have an eye on expanding