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FRANKFURT/LONDON, July 7 (Reuters) - Siemens Energy's (ENR1n.DE), opens new tab disclosure of quality issues in its newer wind turbine models has exposed broader challenges in a sector suffering ...
Shares in Siemens Energy fell on Monday after the company quantified deeper than expected problems at its struggling wind turbine division that were first unveiled in June, saying the issues ...
Siemens Energy (SIEGY) (SMEGF) reportedly has set up a task force and a supervisory board committee to establish the scope of deepening problems at its crisis-ridden wind turbine ...
A fault in thousands of wind turbines has left Siemens Energy AG, spun out of the mothership in 2020, on the hook for a repair bill of at least €1.6 billion ($1.7 billion) alongside an expected ...
Shares in Siemens Energy, one of the world’s largest wind turbine makers, plunged 30 per cent on Friday after the company warned it may have to spend more than €1bn fixing an array of ...
Siemens Energy’s management board has set up a task force to establish the scope of deepening problems at its crisis-ridden wind turbine division, including quality issues at its two most recent ...
The wind turbine has a rated power of 4.4 megawatts (MW) and its flexible power rating is site specific. It has a rotor diameter of 164 meters (538 feet) and a swept area of 21,124 square meters ...
Siemens Energy expects to rack up a €4.5bn loss this year as the German group struggles to fix its ailing wind turbine business. The Dax-listed group warned investors on Monday that resolving ...
Last year, the four biggest Western wind turbine makers - Vestas VWS.CO, GE GE.N, Siemens Energy's Siemens Gamesa and Nordex NDXG.DE made combined sales of more than 41 billion euros. Combined ...
Siemens Energy shocked the wind sector in late June when it warned of faulty components and possible design faults in its onshore wind turbines. It said it could not yet quantify the cost, but ...
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