Tag: risks of investing in wind power companies

Mounting Losses Mean Sweden’s Wind Industry Faces Total Financial Collapse

Notwithstanding €billions in subsidies, Sweden’s embattled wind industry is on the brink of total financial collapse. The majority of Swedish wind power outfits are underwater, bleeding cash and have no hope of recovery. In the piece below, Carl Deconinck reports on the work of two economists, Christian Sandström and Christian Steinbeck, who conclude that the … Continue reading Mounting Losses Mean Sweden’s Wind Industry Faces Total Financial Collapse

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

Flat Broke & Busted: German Wind Turbine Maker Senvion’s Spectacular Financial Collapse

Cut the subsidies and the wind industry would disappear in a heartbeat. The business model (read 'colossal government mandated scam') has all the hallmarks of an enormous Ponzi scheme - the wind industry's demise is a matter of when, not if. The withdrawal of subsidies across Europe has taken its toll, as the number of … Continue reading Flat Broke & Busted: German Wind Turbine Maker Senvion’s Spectacular Financial Collapse

Shock, Horror! Wind Power Output Depends on Wind: Infigen Blames ‘Lack of Wind’ for Losses

*** Australia's publicly funded, green-left megaphone, the ABC has a hard time dealing with tough things like facts and consequences. So it must've been a rude shock to find out that the fortunes of wind power outfits depend upon ... ahem ... the weather. Lack of wind a big blow for Infigen ABC News Stephen … Continue reading Shock, Horror! Wind Power Output Depends on Wind: Infigen Blames ‘Lack of Wind’ for Losses

Denmark’s Wind Farm Revolt: Danes Demand & Get Ban on New Wind Turbines

Denmark is the home of the original eco-fascist profiteers – Vestas – the struggling turbine maker – run by by a band of crooks – once exhorted the world to “Act on (its parallel universe version of the) Facts”: paying $millions to the Australian Greens and Trotskyite fronts like Getup! & Co – pitching lies … Continue reading Denmark’s Wind Farm Revolt: Danes Demand & Get Ban on New Wind Turbines

Retailers’ Call for ‘Emissions Intensity Scheme’ Signals End for Australia’s Renewable Energy Target

Willing to be accused of stating the bleeding obvious, electricity retailers aren’t in the business of not selling power; they’re in the business of selling power, at a profitable margin, to as many customers as possible. Power retailers in Australia have just come to the horrifying realisation that, with rocketing power prices and an increasingly … Continue reading Retailers’ Call for ‘Emissions Intensity Scheme’ Signals End for Australia’s Renewable Energy Target

Australia’s Renewable Target in Tatters: Major Retailers Shun Wind & Solar, Electing to Pay $Millions in Retail Power Fines Instead

*** In the week just gone, yet another of STT’s predictions unfolded, with devastating consequences for Australia’s Large-Scale RET and the remnants of a battered and beleaguered wind industry. The LRET was slashed in 2015 simply to avoid the political embarrassment of having too little eligible renewable power dispatched to satisfy the 41,000 GWh target … Continue reading Australia’s Renewable Target in Tatters: Major Retailers Shun Wind & Solar, Electing to Pay $Millions in Retail Power Fines Instead

Wind Power Setting the World on Fire: Infigen Sparks Devastating NSW Bushfire

On 17 January 2017, wind farm operator Infigen sparked a blaze that ripped across the southern Tablelands of NSW and destroyed 3,400 hectares (8,400 acres), hundreds of sheep and cattle, sheds and at least one home. STT's operatives in NSW have been on the scene, collecting photographs and speaking with local landowners about the cause … Continue reading Wind Power Setting the World on Fire: Infigen Sparks Devastating NSW Bushfire

Wind Turbine Noise & Nuisance: Irish High Court Trial on Damages Set For April

As we reported just before Christmas, in a case before the Irish High Court, German wind turbine manufacturer, Enercon conceded liability in noise nuisance in a claim pursued by 7 families whose lives and livelihoods have been thoroughly and mercilessly destroyed by incessant turbine generated low-frequency noise and infrasound. The matter returns to the High … Continue reading Wind Turbine Noise & Nuisance: Irish High Court Trial on Damages Set For April

Wind Industry Armageddon: South Australian Blackouts Lead Australia’s Chief Scientist to Demand Immediate Cap on Wind Power

The fallout from South Australia's power pricing and supply debacle continues. Last year Australia's Chief Scientist, Alan Finkel was given the unenviable task of trying to keep Australia's lights on, despite the havoc caused by a weather dependent system abandoned centuries ago, for pretty obvious reasons. With repeated statewide blackouts and routine load shedding part … Continue reading Wind Industry Armageddon: South Australian Blackouts Lead Australia’s Chief Scientist to Demand Immediate Cap on Wind Power