Credit to Author: Darrell Proctor| Date: Tue, 12 Nov 2024 17:02:58 +0000
California-based Enphase Energy, a company known for its solar power and electric vehicle (EV) charging technology, announced it is laying off about 500 workers. The company in a Nov. 8 […]
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Credit to Author: Darrell Proctor| Date: Sun, 21 Jul 2024 14:48:34 +0000
An Australian company at the forefront of the global push to utilize hydrogen has reduced its workforce and cut its production targets, citing high costs for power needed to produce […]
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Credit to Author: Darrell Proctor| Date: Wed, 29 May 2024 13:43:35 +0000
Siemens Gamesa plans to cut about 4,100 jobs from its wind turbine division as the company continues to restructure its business. The downsizing, reported May 28 by Reuters, impacts about […]
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Credit to Author: Darrell Proctor| Date: Wed, 08 May 2024 14:19:38 +0000
Siemens Energy announced an overhaul of its struggling wind power division on May 8, unveiling plans for a new CEO for its wind turbine business and also saying job cuts […]
The post Siemens Gamesa Changes CEO, Announces Job Cuts as Part of New Focus appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Mon, 22 Jan 2024 17:07:47 +0000
Israel-headquartered SolarEdge Technologies is expected to cut about 900 jobs from its global workforce as the company seeks to reduce operating costs. SolarEdge on Jan. 21 said it would lay […]
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Read moreCredit to Author: Darrell Proctor| Date: Mon, 08 Jan 2024 14:58:14 +0000
NuScale Power, among the best-known companies developing small modular reactor (SMR) technology, said it would cut 28% of its workforce as the company looks to save $50 million to $60 […]
The post SMR Leader NuScale Cuts 154 Jobs as Nuclear Company Restructures appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Fri, 07 Oct 2022 16:54:35 +0000
General Electric (GE) has notified staff that it plans to lay off about 20% of the workforce in its U.S. onshore wind business. A report from NASDAQ this week said the cuts are part of a plan to restructure and resize the onshore wind division, as the group “is grappling with weak demand and rising […]
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Read moreCredit to Author: Darrell Proctor| Date: Thu, 29 Sep 2022 18:52:58 +0000
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 realize the company’s projections for growth, Siemens Gamesa is working to strengthen specific areas within key leading markets to capitalize on […]
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Read moreCredit to Author: Darrell Proctor| Date: Tue, 22 Mar 2022 15:06:44 +0000
Vestas occupies the top spot when it comes to market share among global wind turbine manufacturers, according to a new analysis, but the Danish business is not immune to the challenges facing several of the leading companies in the wind power sector. Supply chain issues are buffeting wind energy, as they have other industries. Though […]
The post Vestas Cutting Jobs Despite Leading Wind Installations appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Fri, 11 Feb 2022 23:07:37 +0000
Siemens Gamesa Renewable Energy (SGRE) plans to lay off 200 workers at two U.S. wind power equipment manufacturing facilities. The company on Feb. 9 said the job cuts are due to a reduction in orders for commercial wind turbines. An SGRE spokesperson said more jobs cuts at the plants—one in Hutchinson, Kansas, and the other […]
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