Flat Broke & Busted: German Wind Turbine Maker Senvion’s Spectacular Financial Collapse

Cut the subsidies and the wind industry would disappear in a heartbeat. The business model (read ‘colossal government mandated scam’) has all the hallmarks of an enormous Ponzi scheme – the wind industry’s demise is a matter of when, not if. The withdrawal of subsidies across Europe has taken its toll, as the number of … Continue reading Flat Broke & Busted: German Wind Turbine Maker Senvion’s Spectacular Financial Collapse

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April 14, 2019 at 02:30AM

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