Close Menu
  • Home
  • News
    • Solar
    • Wind Energy
    • Bioenergy
    • Geothermal
    • Grid
    • Hydrogen
    • Hydropower
    • Ocean Energy
    • Politics
  • Climate
  • Energy Storage
  • Finance
  • Opinions
  • Peoples
  • Smart Energy
  • Transportation
  • Study
  • —
  • Account
  • Log In
Facebook X (Twitter) Instagram
  • About Us
  • Advertising
  • Privacy Policy
  • Contact
Facebook X (Twitter) LinkedIn WhatsApp
Account Sunday, October 19
Energymagz
SUBSCRIBE Login
  • Home
  • News
    • Solar
    • Wind Energy
    • Hydropower
    • Hydrogen
    • Geothermal
    • Bioenergy
    • Ocean Energy
  • Region
    • Europe
    • North America
    • Asia
    • Africa
    • Middle East
    • Australia & Oceania
    • Latin America
  • Politics
  • Finance
  • Energy Storage
  • Grid
  • Climate
  • Peoples
  • Study
Energymagz
  • Wind Energy
  • Solar
  • Bioenergy
  • Geothermal
  • Hydropower
  • Ocean Energy
  • Hydrogen
  • Transportation
  • Smart Energy
Home » News » Wind Energy » Siemens Energy Secures EUR 7.5 Billion Government Guarantee Amid Wind Business Challenges
Finance

Siemens Energy Secures EUR 7.5 Billion Government Guarantee Amid Wind Business Challenges

By Philip BrooksNovember 15, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
Credit: Siemens Gamesa
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Siemens Energy AG has received a EUR 7.5 billion (USD 8.04 billion) guarantee from the German government. This financial support comes in the wake of the company's recent announcement of a net annual loss of EUR 4.59 billion, overshadowed by underperformance in its wind sector. The German government's commitment is part of a larger EUR

To continue reading this article, please subscribe:

Monthly Plan

Price: $30 / month

Features:

  • Full access to all renewable energy news and analysis
  • Exclusive expert interviews and industry reports
  • Daily newsletter with latest updates
  • Access to multimedia content (videos, podcasts)
  • Commenting and community engagement

Sign Up

Annual Plan

Price: $300 / year (Save 17%)

Features:

  • Everything in the Monthly Plan
  • 2 months free compared to monthly subscription
  • Priority access to special reports and webinars
  • Early access to newsletters and featured articles
  • Exclusive members-only content and events

Sign Up

Already a subscriber? Log in here:

 
 
Forgot Password
Ember India Offshore Onshore Siemens Siemens Energy Siemens Gamesa Taiwan Wind Wind Energy
Follow on Flipboard Follow on X (Twitter) Follow on LinkedIn
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleEmeren Group to Sell 29 MWp Solar Projects in Spain to Rubis Photosol
Next Article Intersect Power’s 679MW Oberon Solar Project Achieves Commercial Operation in California

Related Posts

Global Wind Turbine Orders Surge in First Half of 2023, Led by Strong Demand Outside China

September 1, 2023 Wind Energy

South Fork Wind Achieves Milestone with First Monopile Foundation Installation

June 25, 2023 Wind Energy

RES Chosen as O&M Provider for Callagheen Wind Farm in Northern Ireland

May 25, 2023 Wind Energy

Financial Support Crucial for Wind Turbine Makers in Decarbonization Efforts, says Siemens Gamesa Executive

May 23, 2023 Finance

Formosa 2 Offshore Wind Farm Inaugurated in Taiwan

May 17, 2023 Wind Energy

Cerulean Winds Announces Plans to Build North Sea Renewables Grid Powered by Floating Wind

May 4, 2023 Wind Energy
Latest Post

Eurelectric Proposes Five Key Measures to Boost Electrification Ahead of EU Energy Council

October 17, 2025

Buss Terminal Eemshaven Secures Investment to Expand Offshore Wind Capabilities

October 17, 2025

GE Vernova to Supply 42 Wind Turbines for 252MW Greenvolt Project in Romania

October 17, 2025

EU Unveils Strategy to Strengthen Global Role in Climate and Energy Transition

October 17, 2025

TenneT Completes Commissioning of 900MW DolWin5 Offshore Grid Connection

October 17, 2025
Facebook X (Twitter) LinkedIn WhatsApp

News

  • Wind Energy
  • Solar Energy
  • Hydropower
  • Hydrogen
  • Geothermal
  • Bioenergy
  • Ocean Energy

Region

  • Europe
  • North America
  • Asia
  • Africa
  • Middle East
  • Australia and Oceania
  • Latin America

Friends

  • EVMagz
  • Pivle
  • SpaceMagz
  • Teknowire
  • Smashresume
  • Smashfreakz

EnergyMagz

  • About Us
  • Advertising
  • Privacy Policy
  • Cookie Policy
  • Contact

Subscribe to Updates

Subscribe for the latest in renewable energy from Energymagz.

© 2025 EnergyMagz. Designed by EnergyMagz.

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?