Energy Transition

Renewable energy stocks hit by global markets turmoil

Vestas, GE Vernova and Siemens Gamesa’s parent company have all seen their share prices drop, while major developers including Orsted and Iberdrola are also down

Traders work on the floor of the New York Stock Exchange (NYSE) on August 05, 2024, in New York City. The Dow fell over 1000 points in morning trading as global stocks plunged following fears of a recession in the American and Japanese economies.
Traders work on the floor of the New York Stock Exchange (NYSE) on August 05, 2024, in New York City. The Dow fell over 1000 points in morning trading as global stocks plunged following fears of a recession in the American and Japanese economies.Photo: Spencer Platt/Getty Images
Journalist
Published 5 August 2024, 15:56Updated 5 August 2024, 16:18
USEuropeAsia-PacificVestasSiemens Gamesa