Siemens Energy pulls 2023 profit guidance as Siemens Gamesa wind turbine failures increase
Siemens Energy has scrapped its profit guidance for 2023 due to a “substantial increase in failure rates of wind turbine components†at subsidiary Siemens Gamesa. It expects to spend more than €1 billion to sufficiently improve the quality of some of the manufacturer’s onshore wind turbines.
Sign in to continue
Need to activate your subscription?
Already a subscriber
If you haven't already, activate your subscription here>>
Company Domain Access
If your company has a corporate subscription simply register your email address here to gain access