A part of Watch Media

EnergyWatchThursday2 February 2023

  • Search
  • Log in
  • Utilities
  • Oil & Gas
  • Renewables
  • Cleantech
  • Search
  • Log in
  • Latest
  • Search
  • Log in
  • Utilities
  • Oil & Gas
  • Renewables
  • Cleantech
  • Policy & Trading
  • Danish
20/01/2023at 07:30

Siemens Gamesa suffers huge loss due to turbine component failure

Component failures cost wind turbine manufacturer Siemens Gamesa EUR 472m in the first quarter of the year, according to preliminary financial figures.
Photo: Siemens Gamesa / PR
BY JESPER ELKJÆR JENSEN, TRANSLATED BY CHRISTOFFER ØSTERGAARD

A turbine defect costs Siemens Gamesa EUR 472m in the first quarter of the year, according to preliminary financial figures released by the wind turbine manufacturer Thursday.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
!
!
Must contain at least 6 characters

Get full access for you and your coworkers

Start a free company trial today

Related articles:

  • Photo: Esvagt / Pr

    Esvagt and Crowley land US billion-dollar deal with Siemens Gamesa

    For subscribers

  • Photo: Arise

    Siemens Gamesa secures 0.5GW onshore wind deal

    For subscribers

  • Photo: Rwe Renewables

    Siemens Gamesa nominated preferred supplier for Denmark's 1GW Thor project

    For subscribers

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Foto: Horisont Energi
Cleantech

Equinor pulls out of hydrogen and CCS project

The Norwegian oil company and partner Vår Energi have decided to withdraw from the Barents Blue project, which Horisont Energi aims to continue with new partner.
  • Barents Blue awards contract for extended concept studies
  • Horisont Energi signs MoU on ammonia production with Lhyfe

For subscribers

Foto: René Schütze
Renewables

Orders halved in Europe's wind industry in 2022

Foto: Ørsted
Utilities

Ørsted CEO pleased with the 2022 result, but not the earnings mix

Foto: Ørsted / PR
Renewables

11 wind developers back common methodology for calculating carbon footprint

For subscribers

Foto: Aker Carbon Capture Pr
Cleantech

Aker Carbon Capture inks PtX deal in Finland

For subscribers

Foto: PR / Statkraft
Renewables

Automaker commissions Spanish solar wind farm

For subscribers

Further reading

Foto: Ørsted / Pr
Utilities

Ørsted suffers Q4 loss while booking strong full-year profit

The Danish utility books a loss on the bottom line in the fourth quarter, but nevertheless records a full-year profit while paying out record sums to shareholders.

For subscribers

Foto: PR / Statkraft
Renewables

Automaker commissions Spanish solar wind farm

Automaker Ford opens solar wind farm next to its existing Spanish plant. Farm is already producing 4,6 GWh a year.

For subscribers

Foto: Siemens Energy
Renewables

Siemens Gamesa's woes will – perhaps – be over in eight years

Component failure in offshore wind turbines comes as a negative surprise for Siemens Gamesa, putting a EUR 472m dent in operating earnings and casting a long shadow on already strained money flows.

For subscribers

Latest news

  • Ørsted CEO pleased with the 2022 result, but not the earnings mix – 1 Feb
  • Equinor pulls out of hydrogen and CCS project – 1 Feb
  • Orders halved in Europe's wind industry in 2022 – 1 Feb
  • 11 wind developers back common methodology for calculating carbon footprint – 1 Feb
  • Automaker commissions Spanish solar wind farm – 1 Feb
  • Ørsted suffers Q4 loss while booking strong full-year profit – 1 Feb
  • Aker Carbon Capture inks PtX deal in Finland – 1 Feb
  • Marathon Petroleum's Q4 earnings surpassed forecast – 1 Feb
  • Glennmont Partners buys two Eolus wind farms in Sweden – 31 Jan
  • ExxonMobil planning large-scale hydrogen plant – 31 Jan
See all

Jobs

  • Area Manager for Energy Supply Strategy in the Capital

  • Do you have an inner Electrician or Utility Operator in your belly?

  • Responsible for MR stations

  • Executive Director

  • Business Development Manager

  • Technical Business Development Manager

  • Manager for facilities and projects

  • Planner - Denmark

  • Economist or political scientist with a flair for coordination and secretarial support

  • Financing Associate

  • Structured project manager for the integration of renewable energy in the green conversion

  • Senior Engineering Project Manager

  • Senior Project Manager On Grid Development And Grid Connection

  • Energy Analyst

  • Team leader with focus on both operations and development

  • Sustainability Lead on energy island Bornholm and energy island North Sea

  • Director - Project Management (DK)

  • Project Manager - Denmark

  • Engineer or mechanical engineer for the green transition

  • Be part of creating energy on time - as a Senior Process Consultant at Energinet

  • Innovative Engineer to secure critical infrastructure

  • Customer Advisors for Utility Products

  • Mechanical Engineer

  • Business Oriented Senior Product Manager

  • Project management of regulatory processes in large offshore wind projects

See all jobs

Jobs

  • Area Manager for Energy Supply Strategy in the Capital

  • Do you have an inner Electrician or Utility Operator in your belly?

  • Responsible for MR stations

  • Executive Director

  • Business Development Manager

  • Technical Business Development Manager

  • Manager for facilities and projects

  • Planner - Denmark

  • Economist or political scientist with a flair for coordination and secretarial support

  • Financing Associate

  • Structured project manager for the integration of renewable energy in the green conversion

  • Senior Engineering Project Manager

  • Senior Project Manager On Grid Development And Grid Connection

  • Energy Analyst

  • Team leader with focus on both operations and development

  • Sustainability Lead on energy island Bornholm and energy island North Sea

  • Director - Project Management (DK)

  • Project Manager - Denmark

  • Engineer or mechanical engineer for the green transition

  • Be part of creating energy on time - as a Senior Process Consultant at Energinet

  • Innovative Engineer to secure critical infrastructure

  • Customer Advisors for Utility Products

  • Mechanical Engineer

  • Business Oriented Senior Product Manager

  • Project management of regulatory processes in large offshore wind projects

See all jobs

Colophon

EnergyWatch
Search

Sections

  • Utilities
  • Oil & Gas
  • Renewables
  • Cleantech
  • Policy & Trading
  • Danish
  • Sitemap
  • RSS feeds

Editor

Maz Plechinger

mp@energiwatch.dk

Tel.: +45 3330 8323

Editor-in-chief

Anders Heering

Publisher

JP/Politiken Media Group Ltd

Advertising

annoncering@infowatch.dk

Tel.: +45 7077 7448

Advertising

Job Advertising

job@infowatch.dk

Tel.: +45 7077 7448

Jobs

Subscription

Try EnergyWatch or get an offer for a subscription meeting the exact needs of you or your company.

energywatch@infowatch.dk

Tel.: +45 7077 7448

Learn more about subscriptions here

Address

EnergyWatch

Rådhuspladsen 37

1785 Copenhagen K, Denmark

Tel.: +45 3330 8320

Guidelines

  • Privacy Policy

Copyright © EnergyWatch — All rights reserved

Microsoft is in the process of discontinuing Internet Explorer – and so are we.
For a better experience, we recommend using one of the following browsers.

Kind regards,
EnergyWatch

Google ChromeMozilla FirefoxMicrosoft Edge