Siemens Gamesa Posts Nearly $1 Billion Quarterly Loss

Credit to Author: Darrell Proctor| Date: Thu, 02 Feb 2023 16:04:30 +0000

Siemens Gamesa chief executive Jochen Eickholt acknowledged equipment failures in both the company’s onshore and offshore wind turbines, leading to higher warranty provisions, contributed to a nearly $1 billion net loss for the company in the last three months of 2022. Eickholt on Feb. 2 said the company’s October to December—the group’s fiscal first quarter—loss […]

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Siemens Gamesa Posts Nearly $1 Billion Quarterly Loss

Credit to Author: Darrell Proctor| Date: Thu, 02 Feb 2023 16:04:30 +0000

Siemens Gamesa chief executive Jochen Eickholt acknowledged equipment failures in both the company’s onshore and offshore wind turbines, leading to higher warranty provisions, contributed to a nearly $1 billion net loss for the company in the last three months of 2022. Eickholt on Feb. 2 said the company’s October to December—the group’s fiscal first quarter—loss […]

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Tevva Plans On Fuel Cells For New Electric Truck

Credit to Author: Tina Casey| Date: Sun, 15 Jan 2023 17:45:33 +0000

fuel cells electric truck tevvaThe UK startup Tevva is on track to prove that batteries and fuel cells can coexist on one electric truck.

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POWER Digest [January 2023]

Credit to Author: Sonal Patel| Date: Tue, 03 Jan 2023 05:10:52 +0000

Brazil Formally Restarts Construction of Angra 3 Nuclear Reactor. Eletronuclear, a mixed-ownership subsidiary of Brazilian state-run power group Eletrobras, has resumed construction of Angra 3, a 1.4-GW

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EU Solar Shines Bright In Stunning Year

Credit to Author: David Waterworth| Date: Thu, 22 Dec 2022 04:47:13 +0000

According to a recent report, the European Union (EU) has added a record-breaking 41.4 GW of solar power in 2022. The new capacity is equivalent to the power needs of 12.4 million European homes. In essence, the 41+ gigawatts of solar replaces 102 LNG tankers. Further, annual EU solar power growth has increased by 47% […]

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New Report Shows EU Solar Installations Rise Nearly 50%

Credit to Author: Darrell Proctor| Date: Tue, 20 Dec 2022 17:49:55 +0000

A new report from industry group SolarPower Europe shows that solar installations in the European Union increased by almost 50% year-over-year in 2022, to a record 41.4 GW of generation capacity. “The numbers are clear. Solar is offering a lifeline amid energy and climate crises,” said Walburga Hemetsberger, CEO of SolarPower Europe. “No other energy […]

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New US Floating Offshore Wind Auction Caps Run Of Bad News For Fossil Energy

Credit to Author: Tina Casey| Date: Mon, 05 Dec 2022 12:00:17 +0000

floating offshore wind USAUS floating offshore wind industry peels self off wall, aims for 4.5 gigawatts in capacity off California coast.

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Portugal blows away Switzerland; Spain loses to Morocco in penalty shootout

Credit to Author: Tempo Desk| Date: Wed, 07 Dec 2022 03:59:45 +0000

DOHA (AFP) – Portugal dismantled Switzerland, 6-1, to charge into the World Cup quarterfinals on Tuesday as Goncalo Ramos started in place of Cristiano Ronaldo and scored the first hat-trick of the tournament. The Portuguese will face Morocco in the quarterfinals after sweeping aside the Swiss in a display that was every bit as impressive […]

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New Floating Offshore Wind Project Aims For 999 Megawatts

Credit to Author: Tina Casey| Date: Fri, 25 Nov 2022 00:05:17 +0000

floating offshore wind iberblue principle powerHothouse flowers no more: floating offshore wind developers are taking aim at triple-digit megawatt territory now.

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