Near £50m hit for wind energy giant Siemens Gamesa from Covid-19

Near £50m hit for wind energy giant Siemens Gamesa from Covid-19

Siemens Gamesa, the global wind energy firm behind Hull’s blade plant, has sustained a £48.9 million profit hit as a direct result of coronavirus.

Second quarter results showed the impact of the pandemic, with production paused at global sites, with longer spells of shutdown in China, India and Spain.

However, a record order book ‘backlog’ of £25 billion – up more than 20 per cent year on year –…

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