Cleantech & EV'sNews

What’s the problem with Siemens Gamesa’s onshore wind turbines? [Update]

September 18, 2023
Siemens Gamesa Renewable Energy has big problems, and it’s going to cost the company billions – what’s wrong with its onshore wind turbines? Siemens Gamesa Renewable Energy SA is Siemens Energy AG’s wind turbine unit, and it’s one of the world’s largest wind turbine makers. Its turbine problems are expected to result in up to $5 billion in net loss for the parent company. Electrek…
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Cleantech & EV'sNews

Volkswagen to stop EV production at German plant where ID.3 models are built

September 18, 2023
The fate of Volkswagen’s plant in Dresden, Germany, is up in the air after a new report claims the automaker plans to halt production at the facility. Volkswagen’s Dresden plant built thousands of ID.3 electric models last year, employing around 300 full-time workers. Volkswagen said to stop ID.3 production in Dresden According to the report from the German newspaper Automobiliwoche, the…
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CryptoNews

Senator Elizabeth Warren's Crypto Bill Gains Support Among US Lawmakers – Regulation Bitcoin News

September 18, 2023
Nine U.S. lawmakers have thrown their support behind the Digital Asset Anti-Money Laundering Act, recently reintroduced in Congress by Senators Elizabeth Warren, Roger Marshall, Joe Manchin, and Lindsey Graham. Experts have warned that this crypto bill is the most direct attack on the privacy and personal freedom of cryptocurrency users. Digital Asset Anti-Money Laundering Act Gains Support Nine…
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CryptoNews

Softbank Looking to Invest Billions in AI After Pausing Crypto Investments – News Bitcoin News

September 18, 2023
Softbank, one of the largest investment management conglomerates in the world, is reportedly eyeing several investments in the artificial intelligence (AI) field after having paused its crypto investments. According to the Financial Times, Softbank founder and chief executive officer Masayoshi Son is prepared to put tens of billions of dollars into AI, with Microsoft-backed Openai being one of…
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