Wind turbine maker Siemens Gamesa reports strong demand end-2017
German-Spanish wind turbine maker Siemens Gamesa reported an increase in orders of 29 percent in the final three months of 2017 compared to a year earlier, driven by strong demand from the United States, Denmark, Thailand and Egypt. News agency Reuters writes that while the company鈥檚 revenue dropped in the period, which is the first quarter of its 2017/18 business year, the rise in orders and comments on easing pressure on its prices sent its shares on the stock market higher. Siemens Gamesa, which is the world鈥檚 second largest producer of wind turbines, struck an upbeat tone for both on- and offshore demand due to the global energy transition. 鈥淥ne factor driving this growth is wind's competitiveness, as it has actually underbid conventional fossil fuels in some recent auctions,鈥� the company said.
Find the Siemens Gamesa press release and the Reuters report .
Read the 麻豆无码版 dossier on the pressures the Energiewende鈥檚 booming flagship industry faces stormy times.