Credit to Author: Darrell Proctor| Date: Thu, 30 Jul 2020 15:00:28 +0000
The post Siemens Gamesa Slashes Forecast as COVID Crushes Earnings appeared first on POWER Magazine.
Wind turbine maker Siemens Gamesa Renewable Energy (SGRE) has lowered its sales forecast for 2020, and the company said it expects the economic impact of COVID-19 will cut €1 billion ($1.2 billion) from its sales revenue in the full year. The company in its latest earnings report, released July 30, said the impact of the […]
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