Making a Small Fortune Investing in Wind & Solar Means Starting With A Large One

Buying shares in wind and solar manufacturers makes horseracing and cocaine habits look like canny investments. Big wind turbine makers like Vestas and Siemens have destroyed $billions worth of value for their shareholders, as input costs skyrocket and revenues crash, smashing share prices along the way. Steve Goreham is an analyst who has been watching … Continue reading Making a Small Fortune Investing in Wind & Solar Means Starting With A Large One

Crash Test Dummies: Wind Turbine Maker Siemens Suffers Massive Share Price Slump

The world’s wind turbine makers are bleeding cash; none of them are capable of turning a profit and all of them are facing financial ruin. General Electric’s renewables business blew a cool $2.2bn of shareholder value in 2022. Siemens Gamesa has axed hundreds of jobs in Europe and America. Vestas, Nordex and Enercon are also … Continue reading Crash Test Dummies: Wind Turbine Maker Siemens Suffers Massive Share Price Slump