The
unit’s
profits
fell
to
€36m,
from
€68m
during
the
same
quarter
in
2011,
because
of
a
€32m
financial
provision
in
connection
with
a
wind
turbine
component
from
a
supplier,
and
a
further
charge
of
€20m
related
to
“capacity
adjustment".
Siemens
says
the
component
provision
follows
"quality
problems
with
blade
bearings
from
an
external
supplier.
These
blade
bearings
must
be
replaced".
Revenues
from
renewable
energy
increased
by
48%,
as
the
company
continued
to
convert
its
backlog
of
wind-power
orders
into
sales.
However,
revenue
from
solar
products
declined,
due
to
what
Siemens
describes…
