Europe’s wind industry is in its death throes. Denmark’s Ørsted's share price plummeted 25% late last year, and after slashing dividends to shareholders was forced to write $billions off the projected value of its US offshore projects, and its share price is still heading south. Europe’s turbine manufacturers are bleeding cash and their shares will … Continue reading Europe’s Wind Industry Faces Total Oblivion & Slovakia Cans All Wind Projects
Tag: Europe’s wind industry
Transition to Insolvency: Europe’s Largest Wind Farm Facing Bankruptcy
The world’s greatest Ponzi scheme is imploding. The wind and solar scam was never going to last. Built on lies and running on subsidies the so-called wind and solar ‘industries’ are being belted from all sides. Rising costs, shrinking subsidies and hostile communities have taken the gloss from the greatest economic and environmental fraud of … Continue reading Transition to Insolvency: Europe’s Largest Wind Farm Facing Bankruptcy
Woeful Wind: New Data Shows Wind Power Output Is Pathetic Across UK & Europe
Adding wind power generating capacity is one occasion when ‘more’, truly means ‘less’. No matter how much of other people’s money gets spent spearing wind turbines all over the countryside, the result is the same: whether it’s 10,000 or 100,000 MW of available wind power capacity, when calm weather sets in, the combined output adds … Continue reading Woeful Wind: New Data Shows Wind Power Output Is Pathetic Across UK & Europe