Wind Turbine Makers Demand Taxpayer Bailout For Mounting Billion-Dollar Losses

Wind turbine makers are bleeding cash, and several are terminal. Siemens Gamesa has been axing hundreds of jobs in Europe and America. Vestas, Nordex and Enercon are also on the ropes. The cause of all this corporate misery is down to a collapse in wind factory investment, which is down to a collapse in wind […]

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 […]