The German group’s comeback does not end here
German energy technology group’s shares close up almost 19% as it upgrades medium-term targets
Orders are surging but capital markets are becoming reluctant to fund infrastructure projects
Shares rise 13% after fourfold rise in quarterly group operating profit
Move comes after group was forced to accept €15bn state-backed rescue package
German clean energy group does not see unit returning to profitability until 2026
Deal is vital to sustaining a €110bn portfolio of clean energy projects planned by the company
Short bets reflect broader loss of enthusiasm for green energy stocks
The installation of wind turbines is just as prone to cost overruns as conventional infrastructure
Shares in German group plunge as it also looks at ways of strengthening its balance sheet
German group lays bare scale of problems at one of Europe’s largest wind turbine businesses
Costly fix to quality flaws at subsidiary Siemens Gamesa threaten sector hit by rising costs and competition
Frankfurt-listed group says it may need to spend over €1bn fixing technical faults
Sector is struggling in the face of stretched supply chains and competitive pricing
Over 20 years, Siemens has led the way while Deutsche Bank languishes at the bottom
Move follows G7 agreement to introduce price cap on Russian oil exports
Comments raise fears Russian supplies to Germany could drop to zero
Group’s chief says market is ‘in dire straits’ because of surging raw material prices
German group weighs offer for all outstanding shares in beleaguered Spanish wind subsidiary
