Hot Air

Couple of Big Wind Developers Are Running Out of Gas – HotAir

For all the money the Biden administration has been frantically shoveling into the wind sector – I’m praying this is a last-minute, panicked gambit on their part because November looks dicey – it’s all coming to late to help out some of the biggest names in wind turbine development.

Siemens Gamesa, the Spanish renewable spin-off of German parent Siemens Energy (and one of my favorite villains in the wind farm wars, although no one tops Ørsted) says it’s going to lay off up to 4100 people in their turbine divisions across three countries in part of a “restructuring” move.

Siemens Gamesa plans to cut about 4,100 jobs from its wind turbine division as the company continues to restructure its business. The downsizing, reported May 28 by Reuters, impacts about 15% of the company’s workforce. The news service said the layoffs were noted in an internal letter to staff from CEO Jochen…

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