High-cost site leases make Siemens Gamesa both laugh and cry
The arrival of the fossil giants on the offshore wind scene is a positive thing, but their costly route to market will otherwise leave a mark, says Siemens Gamesa, which also states its aim of dominating the next generation of offshore wind turbines.
Oil companies are on the road to recovery thanks to rising oil prices, but their appetite for new investments is restrained. As a result, the troubled drilling sector must exercise patience as it waits for activity levels to improve, two stock market analysts tell ShippingWatch.
Even though the OEM has done a fine job handling Covid-19, according to Vestas' CEO, the outbreak that's still affecting the Ringkøbing factory has provided insights on what happens when anti-contagion protocols slacken.