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US judge pauses Trump’s pulling of USD 14 bn in climate grants
Stories on our radar this week from around the world
TPG is reportedly a frontrunner to snap up Siemens’ Gamesa assets
The wind unit of Siemens took a big hit in 2023 and is planning to lay off 15% of its…
Siemens nabs major turbine order
The turbines will be used in a North Sea offshore wind project
UK’s Actis is reportedly close to acquiring a 580 MW wind farm in Egypt
Will Actis snap up a 580 MW Egyptian wind farm? UK private equity giant Actis is reportedly inching closer to…
Technical faults in wind turbines manufactured by Siemens Gamesa to cost over EUR 1 bn
Siemens Energy dealt a huge blow after major faults found in wind turbines: Siemens Gamesa — a subsidiary of Siemens…
Siemens Gamesa inks agreement to sell its stake in Spain’s Windar Renovables
Siemens will sell its share in Windar Renovables to the UK’s Bridgepoint: Siemens Gamesa signed an agreement to sell its…
UAE’s Al Futtaim Group launches new EV-focused company
The UAE’s Al Futtaim Group launches new EV-focused company: UAE-based retail giant Al Futtaim Group has established an EV-focused company…
Siemens and Brooge Energy will partner on green hydrogen production in the UAE
UAE-headquartered Brooge Energy inked an agreement with Siemens Energy to build a solar-powered green hydrogen facility in Abu Dhabi, Wam…
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