As more countries join the “gigawatt club” this decade, new markets will bring new kinds of challenges for solar. Emerging solar markets will come of age in the 2020 as countries from Saudi Arabia to Pakistan to Malaysia join the “gigawatt club.” Outside of the OECD, there are now auctions planned in 44 countries, and […]
Siemens Gamesa sees 2019 margins squeezed by commodity prices, emerging markets
Formed by a merger of Spain’s Gamesa with the wind power unit of Siemens, Siemens Gamesa said full-year revenue came in at 9.12 billion euros versus 10.96 billion euros a year ago MADRID: Wind turbine maker Siemens Gamesa said on Tuesday commodity prices and emerging market volatility would hit profit margins in 2019 as it […]
