Ariel Re Relaunches Clean Energy Division, Focusing on Tech Performance Insurance September 27, 2023 Ariel Re, the Bermuda-based re/insurer, has relaunched its Clean Energy division as “Ariel Green,” in recognition of the increasingly crucial...
Siemens Energy Investigates Wind Unit With Twin Taskforces July 10, 2023 By Wilfried Eckl-Dorna Siemens Energy AG has established an internal taskforce and supervisory board committee after a string of quality problems with its...
Siemens Energy’s Turbine Troubles Rattle Wind Sector July 7, 2023 By Christoph Steitz and Nina Chestney Siemens Energy’s disclosure of quality issues in its newer wind turbine models has exposed broader challenges in a sector suffering...
Wind Turbines That Shake and Break Cost Their Maker Billions July 3, 2023 By William Mathis, Wilfried Eckl-Dorna and Rodrigo Orihuela Wind turbines make money when they spin. But when they shake, it can cost billions. Siemens Energy AG is struggling...
European Energy Developers Play Down Siemens Gamesa’s Wind Turbine Troubles June 29, 2023 Major wind power developers including Iberdrola, RWE, EDP Renovaveis and Orsted played down the impact of potential problems with Siemens...
Here Are Details of Quality Issues Affecting Siemens Gamesa’s Wind Turbines June 26, 2023 By Nina Chestney and Christoph Steitz Shares in Siemens Energy continued to fall on Monday following a record sell-off in shares last week that was triggered...
G-7 Ministers Set Big New Targets for Solar Power and Offshore Wind Capacity April 17, 2023 By Katya Golubkova and Yuka Obayashi SAPPORO, Japan — The Group of Seven rich nations on Sunday set big new collective targets for solar power and...
Howden Launches Marine & Energy Business in Norway, Led by Lund From WTW April 14, 2023 Howden has launched a marine and energy business in Norway, led by Frode Lund from Willis Towers Watson, who will...
Marsh Launches 1st Dedicated Insurance for Hydrogen Energy Projects August 22, 2022 By Niket Nishant and Simon Jessop Broker Marsh, a unit of Marsh & McLennan, said on Monday it was launching the world’s first dedicated insurance for...
Markets/Coverages: Marsh Renewable Energy; Main Street Farm; Munich Re Surety; Skyward Crane & Rigging; Draftrs Professional Liability May 12, 2022 Marsh Launches Renewable Energy Facility Insurance broker Marsh announced the launch of a renewable energy facility that provides streamlined, dedicated...