Siemens Gamesa CEO: Wind Turbine Cutbacks Likely if Offshore Expansion Falters Maritime Activity Reports, Inc. June 11, 2026 © Adobe Stock/nuttawutnuy Siemens  Energy on Thursday warned of possible wind turbine capacity cuts in Europe if governments fall behind in efforts to expand  offshore  power, saying a lack of determination could become an "existential threat" to the industry. The comments by one of Europe's biggest industrial firms reflect growing concerns about the future of the continent's manufacturing capabilities, which have come under intense pressure from high  energy  costs and Asian competitors. Europe is currently facing delays in its  offshore  expansion, hampered by regulatory challenges that have caused some developers to rethink their engagement, including in Germany, where 16 gigawatts of projects are at risk. These problems range from lengthy project approvals to the risk of delayed grid connections, which can create substantial financial risks for operators. While Europe's wind power plants are currently running at full capacity, a lack of follow-up orders could leave plants scrambling for contracts from 2028, said Vinod Philip, who leads Siemens Gamesa, Siemens  Energy 's wind division. "It is not yet an existential threat, but it could become one," he said, adding the European Union was currently around 40 GW short of its 120 GW target for 2030. While this would likely not lead to factory shutdowns, "we'll probably have to downsize them in terms of resources", Philip said. Philip said Siemens Gamesa was in talks with governments to quickly unlock projects that are at risk of being delayed, adding Europe's  offshore  wind supply chain had invested €14 billion ($16.15 billion) with 2030 targets in mind. Siemens Gamesa, the world's largest maker of  offshore  wind turbines, operates six wind turbine plants across Europe and employs around 20,000 on the continent. It for years weighed