Energy
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„Schaeffler is more than just cars”
Schaeffler’s capacities in the automotive business are far from fully utilised, given the industry crisis. But there are opportunities for growth in other industrial sectors – including defence.Show moreAn interview withKlaus Rosenfeld, CEO of Schaeffler

Lyten agrees to acquire Northvolt assets
California based Lyten has agreed to acquire Northvolt assets in Sweden and Germany. The plan includes immediately restarting battery production operations at Northvolt Ett in Skellefteå.Show moreBattery production

Federal government weighs options for TenneT and Amprion
The German government is considering minority stakes in grid operators TenneT Germany and Amprion through capital increases to support the energy transition. State-owned development bank KfW already holds shares in 50Hertz and TransnetBW.Show morePower grid expansion

„The business model also works in America“
In spite of the pushback against renewable energy in the United States, RWE CFO Michael Müller is convinced of the value of the US business. In an interview he talks about the future of US offshore wind, the coal phase out in Germany, and the share buyback strategy.Show moreCFO-Interview withMichael Müller, RWE

EU Commission eases state aid rules for green transition
The EU Commission has relaxed its green transition state aid rules through 2030. The German government will now be able to press ahead with plans for industrial electricity subsidies.Show moreWay forward for industrial electricity subsidies

RWE scales back on investment in uncertain environment
RWE has scaled back its investment plan running until 2030 by 10 billion euros, citing uncertainty in the US as the main reason. The company also wants to see the German government move fast with decisions on new gas fired power stations.Show morePower generation

Siemens bleibt auf Kurs
Nach den ersten drei Monaten des Geschäftsjahres 2023/24 sieht sich der Münchner Technologiekonzern Siemens weiterhin auf Kurs. Der Umsatz steigt im 1. Quartal um 6% und der Nettogewinn liegt sogar deutlich über den Prognosen.Show moreQuartalszahlen

