Siemens Energy announced an overhaul of its struggling wind power division on May 8, unveiling plans for a new CEO for its wind turbine business and also saying job cuts […]
Siemens Gamesa confirmed the cancellation in a statement Friday. The company's proposed $200 million factory at the Port of Virginia in Portsmouth would have created more than 300 jobs and aided the state in its aspirations to become a hub for offshore wind projects as part of the nation's efforts to tackle climate change. The change in plans by the Spain-based firm comes at a time when inflation, raised interest rates and supply chain issues have cut into the profitability — and even the viability — of some offshore wind projects in the U.S.
In this article, we will take a look at the 15 biggest renewable energy companies in Europe. If you want to skip our detailed analysis, go directly to 5 Biggest Renewable Energy Companies in Europe. According to a report by the European Environment Agency, the region has been significantly advancing in using renewable energy sources. The […]