A Flash Note from Make Consultants examines Siemens’ onshore positioning globally and the reasons that may have triggered its recent strategic moves. The note analyses different sourcing strategies and the opportunities the agreement present to both companies, including the possibilities for expanded cooperation across products, sectors, and regions.
Key points include:
Siemens and LM announce cooperation on blade supply for the new SWT-3.15-142 turbine
- The SWT-3.15-142, using direct-drive technology for IEC class III projects, may hint at Siemens’ onshore strategy following its merger with Gamesa
- Access to LM’s global production facilities can broaden the reach of Siemens, particularly in emerging markets like India, Turkey and Brazil
- LM, confronted with increasing competition from TPI, achieves a critical milestone by winning previously captive demand from a global turbine OEM
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