Siemens Energy Prepares to Resume Sales of Troubled Wind Turbines [Financial Post (Toronto, Ontario, Canada)]
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Source: Financial Post
You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Siemens Energy AG is preparing to resume sales of its troubled onshore wind turbines, according to several potential customers. Spain's Repsol SA and Germany's BayWa r.e. are among firms that say the manufacturing giant has signaled it will soon offer the units, which were put on hold last year due to technical problems. Article content “They will be back and they'll be a good supplier,” João Costeira, executive managing director for low carbon generation at Repsol, said at a wind energy conference in Bilbao. He expects clarity on the matter within months. Article content Siemens Energy last summer launched a review of its wind power business, after discovering that a main piece on the turbine frame could twist over time and put other components at risk. The debacle at its Gamesa wind unit added to billions of euros in losses for the company, prompting the German gove
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