FRANKFURTCOPENHAGEN, Feb 7 Reuters The world39;s three biggest wind power groups on Wednesday gave a sober view of the year ahead, citing ongoing challenges in the maturing sector that continues to suffer from project delays, equipment issues and inflation.

Siemens Energy, the world39;s largest maker of offshore wind turbines, expects a 2024 loss before special items of around 2 billion euros 2.15 billion at its troubled wind division Siemens Gamesa, where quality problems at some onshore models have caused a major crisis.

Rising prices for components and regulatory delays have caused writedowns and losses across the industry despite robust demand for renewable technology.

The challenges will continue, according to Henrik Andersen, chief executive of Denmark39;s Vestas, the world39;s largest maker of wind turbines.

Continued geopolitical volatility as well as slow permitting and insufficient grid buildout across markets are expected to cause uncertainty in 2024, he said as the group scrapped its dividend and posted betterthanexpected fourthquarter results.

Orsted, the world39;s biggest offshore wind project developer, also responded to the sector39;s ongoing woes, announcing a portfolio review as well as job cuts following major writedowns on delayed projects in the United States.

The Danish group said it would aim to slash fixed costs by 1 billion Danish crowns 144 million by 2026, which would include in 600800 job cuts globally, flagging around 250 redundancies…