Tag Archives: Gamesa

Gamesa reports €301 million profit in 2016 (+77%)

Gamesa obtained €301 million in net profit in 2016, a 77% increase year-on-year, due 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 MW1 in orders in the year, and cash flow (€423 … Continue reading Gamesa reports €301 million profit in 2016 (+77%)

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Gamesa reaffirms its leadership in India with orders for the supply of 278 MW at seven wind developments

Gamesa continues to reinforce its positioning in India, where the company has ranked as the leading OEM for the last three years, with seven new orders. Specifically, the company will supply a total of 278 MW to several customers. Gamesa will supply, install and commission the turbines at all seven developments. Three of them are … Continue reading Gamesa reaffirms its leadership in India with orders for the supply of 278 MW at seven wind developments

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Vestas leaps to top spot in U.S. wind energy market

Danish wind turbine maker Vestas Wind Systems has leapt to the top of the U.S. wind market, overtaking General Electric in new capacity installed last year, although slower demand growth and doubts over political support could threaten its position. Vestas came back from the brink of bankruptcy just four years ago. Now the wind industry … Continue reading Vestas leaps to top spot in U.S. wind energy market

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Gamesa will supply 52.5 MW in Thailand

Gamesa, a global technology leader in wind energy, 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. More specifically, the company has entered into an agreement with Thailand’s developer, Gunkul Engineering Public … Continue reading Gamesa will supply 52.5 MW in Thailand

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Gamesa to supply the wind turbines for Indonesia’s first wind farm

Gamesa, a global technology leader in wind energy, has entered into an agreement with PT UPC Sidrap Bayu Energi – a joint venture owned by UPC Renewables, PT Binatek and AC Energy Holdings- for the supply of 75 MW for the first wind farm ever to be commissioned in Indonesia, a high-potential wind market. This … Continue reading Gamesa to supply the wind turbines for Indonesia’s first wind farm

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Oil India Limited Commissions 54 MW Wind Power Project

Oil India Ltd (OIL) has commissioned 54 MW wind energy project that is spread across states of Gujarat and Madhya Pradesh. Patan in Gujarat houses 16 MW capacity of wind turbines, while the remaining 38 MW capacity is at Chandgarh in Madhya Pradesh. The project is fully funded by OIL with a total cost coming … Continue reading Oil India Limited Commissions 54 MW Wind Power Project

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Gamesa reinforces its industrial presence in India with a new factory

Gamesa today inaugurated its new factory in the Nellore region, in the state of Andhra Pradesh, one of the country’s fastest-growing wind power producing regions. Construction of this manufacturing facility, one of the company’s largest in India, is framed by Gamesa’s growth plans, which contemplate capex of more than €100 million through 2017 to reinforce … Continue reading Gamesa reinforces its industrial presence in India with a new factory

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Gamesa cements its leadership in Mexico with two new orders from Iberdrola

Gamesa, a global technology leader in wind energy, has entered into two new agreements with Iberdrola for the supply of 325.5 MW in total in Mexico. These orders consolidate the company’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 … Continue reading Gamesa cements its leadership in Mexico with two new orders from Iberdrola

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Suzlon, Gamesa achieve milestones in wind energy capacity installation in India

Suzlon achieved 10,000 MW of wind power capacity installations in India. Gamesa sold over 1,500 MW of wind turbines in 2016. At the end of one year and the beginning of another, wind turbine manufacturers Suzlon and Gamesa have crossed certain milestones. Suzlon today said it had achieved 10,000 MW of wind power capacity installations … Continue reading Suzlon, Gamesa achieve milestones in wind energy capacity installation in India

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Wind power AREVA sells its stake to Gamesa

Following on from the agreement signed with Gamesa on June 17, 2016, AREVA’s stake in Adwen was sold today. Gamesa is thus taking over AREVA’s offshore wind activities. This sale is part of the transformation plan undertaken by AREVA to refocus its business on nuclear fuel cycle activities. Commitments made as part of the tender … Continue reading Wind power AREVA sells its stake to Gamesa

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Gamesa secures its first wind energy 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 … Continue reading Gamesa secures its first wind energy order in Spain since the energy sector reforms

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Gamesa secures début order for its new 3.3 MW platform, specifically the supply of 198 MW in Mexico

Gamesa, a global technology leader in wind energy, has achieved an important milestone in its sales and product strategy, having secured the first order for its new G132-3.465 MW turbine, which guarantees the lowest cost of energy across a broad spectrum of sites. The company has secured an order from a power utility for the … Continue reading Gamesa secures début order for its new 3.3 MW platform, specifically the supply of 198 MW in Mexico

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Gamesa to build its second wind farm in Jordan

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 … Continue reading Gamesa to build its second wind farm in Jordan

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Gamesa improves the terms of its €750 million syndicated loan facility

Gamesa has agreed the extension of its €750 million syndicated loan facility until 2022, lengthening the company’s maturity profile; the loan is repayable in a single bullet at maturity. This agreement, entered into by a group of 16 Spanish and international financial institutions, not only extends the facility’s repayment date, it also improves its financial … Continue reading Gamesa improves the terms of its €750 million syndicated loan facility

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Gamesa tops its manufacturing record, producing over 1,800 wind turbines in one year

Gamesa has beaten its annual turbine manufacturing record, having made more than 1,880 units with productive capacity of 3,880 MW in 2016. The last record was attained eight years ago, in 2008, when the company produced 3,787 MW. This milestone is markedly international as the turbines were assembled all over the world: India (36%), Europe … Continue reading Gamesa tops its manufacturing record, producing over 1,800 wind turbines in one year

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Wind power in Brazil: The number of wind turbines installed by Gamesa reaches the 1,000 mark

Gamesa, a global technology leader in wind energy and the number-two turbine OEM in Brazil according to the MAKE Consultancy ranking has achieved a new milestone, having installed 1,000 wind turbines since it entered this market six years ago. These turbines, which imply total installed capacity of 2 GW, are sufficient to cover the electricity … Continue reading Wind power in Brazil: The number of wind turbines installed by Gamesa reaches the 1,000 mark

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Gamesa continues to secure new orders 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 for the supply of 115 MW at a wind development. This order is included in the third-quarter order intake figure already disclosed. Under the terms of the … Continue reading Gamesa continues to secure new orders in Chile

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Gamesa wins supply agreement for 155 MW for a Terna Energy wind farm in the United States

Gamesa, a global leader in wind energy, has entered into an agreement with Terna Energy for the supply of 74 of its G114-2.1 MW turbines (155 MW) at a wind complex being developed in Texas, in southern United States. This order is included in the third-quarter order intake figure already disclosed, which amounted to 1.090 … Continue reading Gamesa wins supply agreement for 155 MW for a Terna Energy wind farm in the United States

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Wind energy in Chile: Ibereolica, EDF close financing for 115 MW wind farm with Gamesa wind turbines

Wind turbines for the project will be provided by Spanish firm Gamesa. Ibereolica and French state energy firm EDF Energies Nouvelles have closed financing with three banks to construct a 115-megawatt wind farm in north-central Chile. Japan’s SMBC, Credit Agricole, and Norway’s DNB have agreed to provide financing for the proposed Cabo Leones I Wind … Continue reading Wind energy in Chile: Ibereolica, EDF close financing for 115 MW wind farm with Gamesa wind turbines

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Gamesa will install 18 of its G132-5.0 MW wind turbines (90 MW) at a wind power plant

Gamesa has achieved a fresh milestone in its sales and product strategy, having received the first order for the new G132-5.0 MW1, the company’s largest turbine.   The agreement reached with the renewable energy subsidiary of Sinohydro, one of China’s largest manufacturing groups, also constitutes the début order for the supply of turbines from the … Continue reading Gamesa will install 18 of its G132-5.0 MW wind turbines (90 MW) at a wind power plant

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