Turbine troubles have sent wind energy stocks tumbling — and a slew of issues remain
Publishing timestamp: 2023-10-20 01:12:29
Summary
The article highlights the supply chain challenges and reliability issues faced by wind energy companies, including Siemens Energy, Siemens Gamesa, rsted, and Vestas. It mentions that these issues have led to financial losses and profit warnings for some companies. The article also mentions the impact of COVID-19 and geopolitical events on the wind energy industry. Overall, it paints a negative picture of the industry's current state.
Sentiment: MIXED
Tickers: 0SEA-GB, VWS-DK, ONYX, D2G-DE, ENR-DE, DBK-FF, ORSTED-DK,
Keywords: siemens energy ag, energy, breaking news: investing, business news, vestas wind systems a/s, onyx acquisition i co, markets, orsted a/s, alternative and sustainable energy, breaking news: markets, deutsche bank ag, investment strategy, environment,