Energy & Science
Siemens Energy Swarmed by Nations After Wind-Turbine Plants
- CEO says local manufacturing push may be linked to pandemic
- Governments turn to wind power in shift away from fossil fuels
Photographer: Timothy Fadek/Bloomberg
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Siemens Energy AG is being overwhelmed with requests to build turbines in countries tapping wind resources and concerned about global supply chains or insistent on broadening the local economic benefits of renewable power.
“The challenge we have is how many countries are saying, ‘Hey, you need to build a factory here,’” Chief Executive Officer Christian Bruch told reporters on Tuesday.