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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
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
Race for bigger turbines has prompted experts to urge growth slowdown and greater standardisation
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
Profits crunched as materials costs surge and new projects are delayed by EU bureaucracy
Manufacturer urges action to protect region’s sector against cheaper Chinese imports
Manufacturers cut jobs as supply chain woes and higher prices for key materials bite
Offer for listed subsidiary could strengthen investment case for parent group
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
Investors quiz management after four profit warnings in 18 months
Turbine makers lose tens of billions in value and seek more support to meet global climate goals
Siemens and Thyssenkrupp deliver strong earnings despite tough economic backdrop
Global supply chain crisis exacerbates troubles of world’s largest offshore wind turbine maker
The sector in general is having a rough time, but the Spanish-listed group is not just a casualty of externalities
Use of new resin has potential to keep hundreds of thousands out of landfill
Fortune may be throwing a lifeline to businesses challenged by energy politics
Vestas and Siemens Gamesa have held on to their profitability outlooks
Recently appointed Siemens Gamesa chief faces squeeze from rising costs
Spanish renewables group suffers amid post-takeover management turmoil
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