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Siemens Energy cuts profit outlook as Siemens Gamesa woes continue – EQ Mag

FRANKFURT : Siemens Energy ENR1n.DE on Thursday slashed its 2023 outlook after faulty components at the wind turbine fleet of Siemens Gamesa SGREN.MC led to higher warranty and maintenance costs, marking the latest setback in the group’s troubled relationship. The German supplier of equipment to the power sector, which was spun off from Siemens AG […]

Adani Green Energy profit up nearly 95 pc to Rs 629 cr in Q1 – EQ