Headwinds continue

What are the issues with Siemens Gamesa’s wind turbines?
https://www.msn.com/en-us/money/companies/factbox-what-are-the-issues-with-siemens-gamesa-s-wind-turbines/ar-AA1cXdXd
It [Siemens Gamesa] said the problems could affect as many as 15-30% of its turbine fleet

Governments across the world are setting even more ambitious climate targets which require the rapid development of renewables, including wind power, which might be difficult to attain within the prescribed timelines. Many wind power developers have already seen delays in projects due to the availability of components and rising costs…

The company said that it would be able to provide a more accurate estimate of the costs from the problems when it publishes its third-quarter results on Aug. 7…

DB2

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