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
Tag: German green energy jobs
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
German Hi-Tech Firms Driven Offshore By Unaffordable & Unreliable Renewable Energy
‘Net zero’ is precisely the number of meaningful jobs that’ll be left after our ‘inevitable transition’ to an all wind and sun powered future. Looking for an example? Look no further than the wind and solar acolyte’s pinup girl, Germany. Notwithstanding billions of euros in subsidies, courageous mandates and punitive targets, its Energiewende has failed … Continue reading German Hi-Tech Firms Driven Offshore By Unaffordable & Unreliable Renewable Energy
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