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 Saturday, November 8
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 Faces Order Cancellations and Delays Without Guarantees Worth $15.8 Billion
Wind Energy

Siemens Energy Faces Order Cancellations and Delays Without Guarantees Worth $15.8 Billion

By Matthew WrightNovember 2, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Siemens Energy, the world's leading offshore turbine manufacturer, is at risk of order cancellations and delays unless it secures guarantees worth approximately 15 billion euros ($15.8 billion) to support its projects. This cautionary note comes from a top-20 investor, Ingo Speich of Deka Investment, which holds about 0.5% or $53 million worth of Siemens Energy

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
Offshore Siemens Energy Siemens Gamesa Wind turbine
Follow on Flipboard Follow on X (Twitter) Follow on LinkedIn
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleTurbine Shipment Marks Progress for Orsted and Eversource’s South Fork Wind Project
Next Article New Jersey Governor Criticizes Orsted Over Ocean Wind Project Cancellation, Legal Action Considered

Related Posts

Siemens Energy Weighs Factory Closures and Outsourcing in Bid to Revive Wind Turbine Business

October 9, 2023 Wind Energy

Eolus Vind and Other Wind Farm Developers Address Concerns Surrounding Siemens Gamesa Turbines

June 29, 2023 Wind Energy

South Fork Wind Achieves Milestone with First Monopile Foundation Installation

June 25, 2023 Wind Energy

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

May 23, 2023 Finance

FairWind Awarded Turnkey Pre-Assembly Contract for Vesterhav Nord and Syd Offshore Wind Farms in Denmark

May 17, 2023 Wind Energy

Ørsted Calls for Competition for Baltica 2 Offshore Wind Farm in Poland

May 9, 2023 Wind Energy
Latest Post

VSB Poland Begins Construction of 303 MW Brzezinka Solar Park with 106 MW Battery System

November 7, 2025

Scottish Government Approves Two Onshore Wind Farms in South Ayrshire

November 7, 2025

Global Renewable Energy Additions Set to Hit Record in 2025, Ember Says

November 7, 2025

ARB Wind Wins Inspection and Maintenance Contract for Scotland’s 450 MW Neart na Gaoithe Offshore Wind Farm

November 7, 2025

European Energy Signs Solar Power Deal with Apple in Australia

November 7, 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?