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...
People Moves: Lloyd’s Names Hernandez Mkt. Dev. Mgr., Central America; Chaucer Taps Argenta’s Sheppard for Renewables; H.W. Kaufman Promotes Kaufman Davis April 22, 2022 This edition of International People Moves details appointments at Lloyd’s, Chaucer, and H.W. Kaufman Group. A summary of these new...
UK Braces for ‘Storm Eunice’ and Hurricane-Strength Gusts on Friday February 17, 2022 By Rachel Morison and Brian K. Sullivan Britain’s Met Office issued a rare red weather warning for parts of the UK, saying hurricane-strength gusts of 90 miles...
AXA Consortium in Talks to Buy Stake in Orsted’s UK Offshore Wind Farm February 16, 2022 By William Mathis, Dinesh Nair and Francois de Beaupuy Denmark’s Orsted A/S is in talks with a consortium that includes AXA SA and a Credit Agricole SA unit to...