In the first quarter of 2017, prior to the merger with Siemens Wind Power, Gamesa obtained €100 million net profit — that’s 39% more than in the year-ago quarter. These results were boosted by record quarterly revenues, amounting to €1,546 million, and profitability, with an underlying EBIT margin of 11.7%. The figures for the first…
Gamesa to maintain 146 MW for Eolia Renovables at eight wind farms in Spain
Eolia Renovables is Spain’s leading independent renewable energy operator with an attributable installed operating base of 537.4 MW.
Siemens Gamesa Renewable Energy announces Rosa García as Chairwoman & first appointments for the management team
“It is a privilege to preside the company’s Board of Directors. I am convinced that we have the vision and talent necessary to successfully address the market and customer needs”, said Rosa García, the combined company’s non-executive Chairwoman.
TPI Composites signs new turbine supply agreement with Gamesa
TPI Composites, Inc., one of the largest U.S.-based independent manufacturer of composite wind blades, announced that it has entered into a long-term agreement with Gamesa to supply wind blades from its new manufacturing facility in Turkey through to 2022. TPI has reserved two mold slots and expects to commence manufacturing for Gamesa from one line…
Gamesa and Siemens merger is now effective
The merger between Gamesa and Siemens Wind Power becomes effective today, after the registration of the combined company in the Mercantile Registry of Biscay, in Spain. This was the last step required to close the transaction announced in June 2016, after fulfillment of all the conditions precedent and other closing actions. This transaction creates a…
European Commission clears Gamesa-Siemens merger
The European Commission has unconditionally cleared the proposed acquisition of wind-turbine manufacturer Gamesa by Siemens under the EU Merger Regulation. The Commission found that the transaction raises no competition concerns because a number of credible competitors would remain in the market. The EU Commission has also investigated the impact of the proposed transaction on the…
Gamesa steps up purchasing from Spanish suppliers by 17%
Gamesa purchased €936 million worth of goods and services from Spanish suppliers in 2016, marking year-on-year growth of 17%, with the attendant positive impact in terms of wealth and job creation. In addition, last year Gamesa increased its Spanish supplier base by 36%, adding 859 new companies to bring the total to 3,237 suppliers. Spain…
Gamesa sees 77% spike in profits for 2016
Gamesa obtained €301 million in net profit in 2016 — a 77% increase year-on-year. The wind-turbine manufacturer attributes the growth to higher sales (record revenues of €4,612 million, +31.6%) and rising profitability (with a 10.4% EBIT margin). The company also concluded 2016 with a record order book, having taken in 4,687 MW in orders in the…
Gamesa to supply 278 MW at seven wind developments in India
Gamesa continues to reinforce its position in India, where the company has ranked as the leading OEM for the last three years. Now, it will add seven new orders to the list with a supply order of 278 MW for several customers. Gamesa will supply, install, and commission the turbines at all seven developments. Three of…
Gamesa secures debut order for its G126-2.625 MW wind turbine
Gamesa continues to shore up its sales and product strategy, having secured the first order for its new turbine, the G126-2.625 MW − a product which delivers maximum output in low wind speed conditions. The company has entered into an agreement with Thailand’s developer, Gunkul Engineering Public Company Limited, for the supply of 20 wind turbines for…
Gamesa to supply turbines for Indonesia’s first wind farm
Gamesa has entered into a turbine-supply agreement with PT UPC Sidrap Bayu Energi, a joint venture owned by UPC Renewables, PT Binatek, and AC Energy Holdings. The contract is for 75 MW for the first wind farm ever to be commissioned in Indonesia, a high-potential wind market. This order also constitutes a sales and product milestone…
Gamesa reinforces its industrial presence in India with a new factory
Gamesa recently inaugurated a new factory in the Nellore region, in the state of Andhra Pradesh, one of India’s fastest-growing wind-power producing regions. Phase one of this new facility, already up and running, is earmarked for the manufacture of the blades for the G114-2.0 MW class S turbines, a product custom-configured for India’s wind conditions. Phase…
GAMESA boosts its maintenance business with NEM Solutions
Gamesa deals with vast amounts of data, turbine variables, productions, alarms, maintenance interventions work orders with the detail of material consumption, meteorological data
Gamesa wins two new wind orders from Iberdrola for the supply of 325 MW in Mexico
Gamesa, a global technology provider in wind energy, has won two new agreements with Iberdrola for the supply of 325.5 MW in Mexico. These orders consolidate Gamesa’s position in this market, in which it has entrenched itself as the leading OEM. The first contract encompasses the installation and commissioning of 84 of the company’s G114-2.625 MW turbines (220.5…
Gamesa secures its first wind order in Spain since the energy sector reforms
Gamesa is exhibiting its strategic commitment to the Spanish market, having secured its first order since the latest energy sector reforms: the company will build a 20-MW wind farm for Villar Mir Energía, the Villar Mir Group’s energy division. Under the terms of the agreement, Gamesa will supply 10 of its G114-2.0 MW turbines at…
Gamesa secures debut order in Mexico for its new 3.3-MW wind-turbine platform
Gamesa, a global technology provider in wind energy, has achieved an important milestone in its sales and product strategy. The company has secured the first order for its new G132-3.465 MW wind turbine, which guarantees the lowest cost of energy across a broad spectrum of sites. The order was placed by a large power utility in…
Gamesa to build its second project in Jordan, an 86-MW wind farm
Gamesa, in a consortium with Spanish company Elecnor, has been awarded the contract to build an 86-MW wind power plant on a turnkey basis in the region of Maan, in southern Jordan. This contract, placed by Green Watts Renewable Energy Company LLC, a 100% subsidiary of Alcazar Energy, comprises the installation of 41 G114-2.1 MW…
Gamesa tops its manufacturing record, producing over 1,800 turbines in one year
Gamesa has beaten its annual turbine manufacturing record by making more than 1,880 units with productive capacity of 3,880 MW in 2016.
Gamesa reaches milestone with 1,000 wind turbines installed in Brazil
Gamesa, a global wind-energy technology provider, has now installed 1,000 wind turbines in Brazil. Gamesa entered the market six years ago and has since become the number-two turbine OEM in Brazil with a market share of 17%, according to the MAKE Consultancy ranking. These turbines, which imply total installed capacity of 2 GW, are sufficient…
Gamesa wins 115-MW wind-turbine order in Chile
Gamesa continues to reinforce its position in the Chilean market, having recently signed a contract with EDF EN Chile, a subsidiary of the French utility and Spain’s Ibereólica. The agreement is for the supply of 115 MW at a new wind development. Under the terms, Gamesa will supply, install, and commission 55 of its G114-2.1…