Siemens profits soar on software demand, AI and energy transition
Boom in AI and upgraded power grids sees Siemens profits jump by 50% on last year.
Enlight Renewable Energy Reports Second Quarter 2024 Financial Results
All of the amounts disclosed in this press release are in U.S. dollars unless otherwise noted TEL AVIV, Israel, Aug. 07, 2024 (GLOBE...
Oil-tainted lake a symptom, and symbol, of Venezuela’s collapse
An oil slick on Lake Maracaibo's shores symbolizes Venezuela's economic collapse and the struggles faced by locals as the petroleum industry declines.
Chinese wind turbine-makers move into Europe as trade tensions flare
Chinese wind turbine makers this month clinched their first order in Germany, as they build momentum in the European market
Siemens Energy plans 10,000 hires for electricity grid unit, FT says
Siemens Energy plans to recruit more than 10,000 employees as it invests 1.2bn euros in its electricity grid business over the next six...
Offshore wind safety performance mixed amid record 61.9 million hours worked
Offshore wind activity continued to surge in 2023 as G+ members reported a record 61.9 million hours worked, a 39% increase from 2022. ...
Siemens Gamesa to cut 4,100 jobs in overhaul: CEO letter to staff
The job cuts plan, which was first reported by Spanish newspaper El Correo, comes shortly after Siemens Energy fleshed out major restructuring moves...
Ørsted breaks ground on FlagshipONE – Liquid Wind’s first electrofuel development project
May 24 2024 Today, at an event in Örnsköldsvik in Northern Sweden, Ørsted broke ground on Europe’s largest e-methanol project, FlagshipONE. The groundbreaking...
Seaway Ventus installs its first Wind Turbine Generators
16 May 2024 Last week marked a significant milestone for Seaway7 as the new build installation vessel Seaway Ventus successfully installed its first Wind Turbine...
Siemens Energy boss says there can be no energy transition without China
Europe's energy sector relies too much on China to entertain the idea of de-risking, says the CEO of Siemens Energy.
