Siemens CEO acknowledges weak wind turbine sales in the US

Vestas raked in almost three times as many orders as Siemens on the hectic US December market. The Danish/German wind turbine manufacturer expects to catch up in upcoming quarters.

Photo: Siemens/PR

Siemens snatched up orders for 600 MW on the US wind turbine market during the end of last year, announced the conglomerate's CEO Joe Kaeser during a conference call after the presentation of the interim report for the period October to December, which in Siemen's terminology marks the first quarter 2017. The order intake was only a third of the 1,608 MW which Vestas announced sold to the US during this period.

"It's completely correct that the first quarter was a little weak," Kaeser admitted when asked about performance on the US onshore turbine market.

Already a subscriber? Log in.

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.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Ukrainian utility hit by cyberattack

Russian hackers have allegedly carried out a cyberattack against the largest privately owned utility in Ukraine, DTEK Group. The perpetrators’ goal was to destabilize, the company reports.

Further reading

Related articles

Latest News

See all jobs