Tag Archives: Gamesa

Iberdrola to develop 220 MW wind farm in Mexico

Anheuser-Busch InBev has committed to securing 100 percent of the purchased electricity used in its brewing operations from renewable sources by 2025. The brewery, which announced the commitment Tuesday, said the move will reduce its operational carbon footprint by 30 percent. Iberdrola will develop a 220-MW wind farm to help meet the energy needs of … Continue reading Iberdrola to develop 220 MW wind farm in Mexico

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TPI Composites Expands its Relationship with Gamesa in Turkey

TPI Composites, Inc., (TPI) (Nasdaq:TPIC), the largest U.S.-based independent manufacturer of composite wind blades, announced today that it has entered into a long-term agreement with Gamesa to supply wind blades from its new manufacturing facility in Izmir, Turkey through 2022. TPI has reserved two mold slots and expects to commence manufacturing for Gamesa from one … Continue reading TPI Composites Expands its Relationship with Gamesa in Turkey

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Merger of Siemens Wind Power and Gamesa receives antitrust clearance

The merger of Siemens’ Wind Power business and Gamesa has today received unconditional clearance from the European competition authorities. Antitrust approvals have now been obtained in all required jurisdictions, and all the conditions precedent for the merger have been satisfied. Subject to pending closing actions, Siemens and Gamesa expect to close the merger early April, … Continue reading Merger of Siemens Wind Power and Gamesa receives antitrust clearance

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Merger of Siemens Wind Power and Gamesa receives antitrust clearance

The merger of Siemens’ Wind Power business and Gamesa has today received unconditional clearance from the European competition authorities. Antitrust approvals have now been obtained in all required jurisdictions, and all the conditions precedent for the merger have been satisfied. Subject to pending closing actions, Siemens and Gamesa expect to close the merger early in … Continue reading Merger of Siemens Wind Power and Gamesa receives antitrust clearance

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Gamesa steps up purchasing from Spanish suppliers by 17% in 2016

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 … Continue reading Gamesa steps up purchasing from Spanish suppliers by 17% in 2016

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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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