It’s-A-Knockout: European Wind Industry’s Total Collapse: Firms Bankrupt & Thousands Sacked

The wholesale collapse of Europe’s wind industry suggests that so-called ‘sustainable’ energy ain’t so sustainable, after all. Big turbine manufacturers are sacking workers in droves, watching their share prices plummet and pulling out all stops to stave off bankruptcy. Accumulating hundreds of €millions in losses, turbine maker Senvion entered into self-administered bankruptcy/liquidation in April. Danish […]

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December 1, 2019 at 12:31AM

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