Losses narrowed in the second quarter of wind turbine unit Siemens Gamesa’s fiscal year, and the full-year outlook brightened as parent Siemens Energy unexpectedly released quite positive preliminary ...

Mint first reported that Germany's Siemens Energy AG had put Siemens Gamesa's India wind turbine unit for sale to cut losses and return its global wind turbine business to profitability by 2026.

Siemens Gamesa transfers majority ownership of its Indian wind business to TPG Siemens Gamesa and a group of investors led by TPG intend to jointly address the Indian onshore wind market potential ...

TPG has agreed to acquire Siemens Gamesa’s onshore wind turbine generator manufacturing business in India and Sri Lanka. No financial terms were disclosed.

Siemens Gamesa is expecting to break even by 2026 and is now choosing to focus only on the US and European markets.

Wind turbine manufacturer Siemens Gamesa was created in April 2017 by the merger of Gamesa in Spain with Siemens Wind Power in Denmark. It owes its success to the generous subsidies for wind power ...

Siemens Gamesa reviewed its wind turbine fleet's failure rates and found out that it has much bigger problems than it thought.

Siemens Gamesa today announced the launch of GreenerTower, a sustainable steel tower that reduces a wind turbine's carbon footprint by 20%.

The Siemens Gamesa Hutchinson plant is gearing up to open once again. Siemens Gamesa Renewable Energy has begun the process to return the Hutchinson, Kansas nacelle facility to production. "The ...

Renewable energy giant Siemens Gamesa announced it will cut nearly 3,000 jobs as the company tries to turn around its financial fortunes. The group in a statement on Sept. 29 said, “In order to ...

Siemens Energy warned on Monday that a turnaround at Siemens Gamesa will take several years, adding that a 4.05 billion-euro ($4.3 billion) bid to buy out minorities of the struggling wind turbine ...

Siemens Gamesa announced Friday that its Fort Madison and Hutchinson, Kansas, facilities will be placed on temporary hibernation in June and July.