Reality Bites: Europe’s Wind & Solar Disaster Forces Serious Reversal On ‘Green’ Transition

Eventually, order emerges from chaos. Thanks to the chaos of Europe’s self-inflicted wind and solar disaster, reality is starting to take hold, with the promise of order on the horizon. Investment in new wind turbines and solar panels has plummeted across Europe. Coal-fired power is back in vogue and nuclear plants are the next must-have. … Continue reading Reality Bites: Europe’s Wind & Solar Disaster Forces Serious Reversal On ‘Green’ Transition

Biggest Losers: Thousands Sacked As Germany’s Wind Turbine Makers Face Financial Doom

Cut the subsidies to wind power and turbine makers soon fold. Siemens Gamesa has been axing hundreds of jobs in Europe and America as the wheels come off the renewable energy gravy train. Now, Vestas, Nordex and Enercon are also facing financial ruin, and for all the same reasons. Some of their travails are caused by the fact … Continue reading Biggest Losers: Thousands Sacked As Germany’s Wind Turbine Makers Face Financial Doom

Transition to Bankruptcy: Europe’s Wind Turbine Makers Face Massive Financial Collapse

Europe’s wind turbine makers are in financial freefall; with subsidies slashed, demand for turbines has collapsed, input costs are soaring and their Chinese competitors are benefiting from their cheap and reliable supplies of coal-fired power. Oh, the irony! The barely disguised panic in this article from ReCharge (one of Europe’s leading wind and solar propaganda … Continue reading Transition to Bankruptcy: Europe’s Wind Turbine Makers Face Massive Financial Collapse

RE Bites Back: Europe’s Wind Turbine Makers Can’t Compete With Coal-Powered China

Victims of their own success, Europe’s wind turbine makers are being crushed by rocketing power prices - caused by reliance on intermittent wind and solar. Oh, the irony... The staggering surge in European energy costs has rendered them unable to compete with Chinese manufacturers, whose operations benefit from abundant supplies of nuclear and coal-fired power. … Continue reading RE Bites Back: Europe’s Wind Turbine Makers Can’t Compete With Coal-Powered China