Monday, 31 March 2025

Focus on Siemens

FILE PHOTO: A central processing unit (CPU) semiconductor chip is displayed among flags of China and U.S., in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo
AnalysisBusinessEconomyLegislationPoliticsRegulationsSemiconductorStorageTrade

What the U.S. chip crackdown on China means: Key industries and technologies affected

U.S. targets China’s chip ambitions with new export curbs, affecting 140 firms, advanced tools, software, and memory tech.

Electric vehicle charging stations are seen in Beijing, Friday, Oct. 11, 2024. (AP Photo/Caroline)
AnalysisBusinessEconomyElectric Vehicles (EVs)

After fast start, electric cars need a recharge as range limits, cost leave some drivers skeptical

EV adoption in China thrives with government support, while the U.S. and Europe struggle with costs, infrastructure, and policy.

AnalysisBusinessEconomyElectricityOffshore WindRegulationsTransmissionUtilitiesWind

Status update: UK offshore wind farms

The UK’s offshore wind farms are vital to its net-zero target, aiming for 50 GW by 2030 to power millions of homes and...

FILE PHOTO: A logo of Nexans is seen on F/UTP cable, at the Rexel Expo, at Porte de Versailles exhibition center in Paris, France June 20, 2022. REUTERS/Benoit Tessier/File Photo
BusinessElectricityInfrastructureNewsOffshore WindTradeTransmission

Offshore wind cable maker Nexans says it might turn US plant into export hub

Nexans may turn its U.S. plant into an export hub to Europe if Trump’s policies challenge U.S. offshore wind projects.

News ReleaseNews

Enlight Renewable Energy Reports Third Quarter 2024 Financial Results

All of the amounts disclosed in this press release are in U.S. dollars unless otherwise noted TEL AVIV, Israel, Nov. 13, 2024 (GLOBE...

FILE PHOTO: A crane hangs over the first jacket support structure installed to support a turbine for a wind farm in the waters of the Atlantic Ocean off Block Island, Rhode Island.
BusinessElectionsElectricityNewsOffshore WindSolarWind

Siemens Energy, RWE warn of Trump fallout in US offshore wind sector

Two of the world's biggest renewables firms warn of potential delays for U.S. offshore wind sector under Trump due to policy challenges.

FILE PHOTO: Miniatures of windmill, solar panel and electric pole are seen in front of Siemens Energy logo in this illustration taken January 17, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessElectricityInfrastructureNewsOffshore WindWind

Siemens Energy won’t propose dividend for fiscal year 2024

Siemens Energy will not issue a 2024 dividend due to German-backed guarantees, pausing payouts and top-level bonuses.

FILE PHOTO: A recording light of a TV camera is flashing red as Siemens Energy CEO Christian Bruch addresses the annual results news conference in Munich, Germany, November 15, 2023.   REUTERS/Leo Simon/File Photo
BusinessManufacturingNewsOffshore WindUtilitiesWind

Siemens Energy raises mid-term outlook as turnaround gathers pace

Siemens Energy narrows Q4 losses, triples shares YTD, and raises 2028 profit outlook, driven by strong demand and order growth.

News ReleaseNews

Beam Global Announces Appointment of Sales Veteran to Lead and Expand Internal and External Sales Teams

Andy Lovsted brings 20 years of executive leadership and distribution channel development experienceSAN DIEGO, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq:...

A logo of Dassault Systemes SE is seen on a company building in Paris, France, January 27, 2023. REUTERS/Sarah Meyssonnier/ File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)NewsRegulationsTrade

Software firm Dassault Systemes cuts 2024 forecast again on auto sector slowdown

Dassault Systemes cuts 2024 revenue growth forecast again, citing automotive slowdown, amid competitive pressure from rivals.

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