So far this year, Gamesa has experienced significant improvements in revenues, returns, and net profit in line with their business plan for 2015 through to 2017. Gamesa’s revenues increased by 30.4% to €2,533 million in the first nine months of 2015, driven by strong growth in wind turbine revenues (+35%). Activity surged 26% to 2,301…
How much does a wind turbine earn? When will it pay for itself? Let’s calculate profit and break-even points
(2018 Editor’s note: The sudden interest in this article led to a review that uncovered a couple errors and hence their corrections. In that effort, we have learned that the article provides one way among several to get a handle on the cost of producing power by wind-turned generators, and a few other related costs. We…