Loading ...Siemens Sinks: Germany’s Top Wind Turbine Maker Sacks 4,100 Workers Overnight
Remember how the wind and solar industries would create hundreds of thousands of highly-paid groovy ‘green’ jobs? No? Well, as it turns out, the few (highly subsidised) jobs created are disappearing like the sun over the horizon. Although, for the axed workers, there will be no reappearance the following day. Easy come, easy go.
Siemens Gamesa is a case in point. Orders have dried up; costs of producing anything in Germany are prohibitive – it suffers Europe’s highest power prices, thanks to Germany’s efforts to run on nothing but sunshine and breezes (and exorbitantly priced gas). Germany’s largest wind turbine manufacturer has been struggling for years to turn a profit.