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Home » News » Wind Energy » Siemens Gamesa Abandons USD 200 Million Blade Factory Plans in Virginia – Report
Wind Energy

Siemens Gamesa Abandons USD 200 Million Blade Factory Plans in Virginia – Report

By John GarciaNovember 13, 20232 Mins Read
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Credit: Siemens Gamesa
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Siemens Gamesa, the wind turbine subsidiary of Siemens Energy AG, has decided to scrap its USD 200 million blade factory project at the Port of Virginia in the U.S., according to a report by the Associated Press (AP). Allegedly, the decision is attributed to factors such as high inflation rates, increased interest rates, and complications

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