These should be great times to be in the wind energy business, especially in Europe. Governments here have long promoted offshore wind projects, and those efforts have accelerated since Russia started cutting natural gas shipments in its war against Ukraine.“We need clean, we need cheaper and we need homegrown power,” Ursula von der Leyen, the European Union president, said in August.But Europe’s wind turbine makers, the crown jewels of the region’s green energy industry and a source of manufacturing expertise, are reporting losses and laying off workers. Their problems stem partly from lingering supply chain issues and competition from Chinese manufacturers, and the issues could ultimately hinder Europe’s, and even the world’s, ambitions to qui …
Browse
Business Central
Accelerate growth with 1BusinessWorld's Global Business Profile
Sign up for free or use coupon code 1BW50 for 50% discount on your subscription
Sign up nowLatest Business News
- The Transformational Potential of Agentic AI: Opportunities, Ambitions, and Risks (1/13/2025) - Artificial intelligence (AI) evolves rapidly, transitioning from a tool for… Read more...
- Transforming Data Management for Organizational Success (1/12/2025) - Strategies for Simplifying Processes, Enhancing Security, and Driving Efficiency Across… Read more...
- Bridging Education and Innovation: EIT Digital’s Blueprint for Europe’s Tech Future (1/10/2025) - How EIT Digital empowers leaders, scales startups, and drives digital… Read more...
- Embracing Transformation: The Strategic Imperative of Generative AI (1/7/2025) - Redefining Business Operations and Workforce Potential in the Era of… Read more...
- Empowering Global Progress Through Accessible Data Science (1/7/2025) - Democratizing Data Education and Driving Ethical Innovation for a Better… Read more...
- Reinventing Finance with Next-Generation AI (12/28/2024) - Ten Transformative Use Cases Elevate Compliance, Efficiency, and Client Value… Read more...