Siemens Gamesa could cut capacity ‘if Europe falters on offshore wind targets’
AI Summary
The CEO of Siemens Gamesa warned that the company may cut turbine production if Europe fails to meet its offshore wind installation targets in the coming years. This highlights concerns about the renewable energy sector's growth and the potential impact on turbine manufacturing capacity.
The CEO of Siemens Gamesa has warned that the company could start cutting turbine production if Europe falters on its offshore wind installation targets in the coming years.