Michael Sen, member of the Managing Board of Siemens AG, will – additionally to his current duties – now be responsible for Siemens Gamesa Renewable Energy within Siemens’ Managing Board. Until recently, Sen was a member of the management team of Europe’s largest energy supplier and acquired extensive expertise in the management of listed equity … Continue reading Sen to be responsible for Siemens Gamesa Renewable Energy within Siemens’ Managing Board
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Gamesa registered record revenues and profitability prior to the merger with Siemens Wind Power
In the first quarter of 2017, prior to the merger with Siemens Wind Power, Gamesa obtained €100 million net profit, 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 quarter are … Continue reading Gamesa registered record revenues and profitability prior to the merger with Siemens Wind Power
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Siemens Gamesa names Markus Tacke as new CEO
The Board of Directors of Siemens Gamesa Renewable Energy, at a meeting held yesterday, unanimously appointed Markus Tacke as the company’s new Chief Executive Officer (CEO), following the recommendation of the Appointments and Remunerations Committee. The appointment takes effect immediately. Mr. Tacke succeeds Ignacio Martín, who in April announced to the Board his desire to … Continue reading Siemens Gamesa names Markus Tacke as new CEO
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Gamesa commissions 2,050 MW wind power in FY17
The Indian subsidiary of Spanish wind turbine maker Gamesa on Tuesday said it has commissioned over 2,000 MW of wind power last fiscal. In a statement issued here, Gamesa Renewables said it has commissioned 2,050 MW of wind power for the financial year 2016-17. According to Gamesa, it is the first company in India to … Continue reading Gamesa commissions 2,050 MW wind power in FY17
Continue readingTata commissions 100 MW wind farm in Andhra Pradesh with Gamesa wind turbines
Tata Power Renewable Energy Ltd (TPREL), India’s largest renewable energy company, on Wednesday announced commissioning of its 100 MW wind farm project in Nimbagallu in Andhra Pradesh. The company commissioned 36 MW wind capacity of the plant in December 2016. TPREL, the wholly-owned subsidiary of Tata Power, announced the commissioning of the balance 64 MW … Continue reading Tata commissions 100 MW wind farm in Andhra Pradesh with Gamesa wind turbines
Continue readingSiemens Gamesa Renewable Energy announces Rosa García as Chairwoman
Initial steps for the creation of a leading company in the global wind energy industry are well underway with the first meeting of the Board of Directors of the combined company, announcing first appointments for the joint management team. Ignacio Martín, former Executive Chairman of Gamesa, will continue as CEO of the combined company for … Continue reading Siemens Gamesa Renewable Energy announces Rosa García as Chairwoman
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Top 10 global wind turbine OEM rankings: Vestas, GE, Goldwind, Gamesa, Siemens, Enercon, Nordex, United Power, Mingyang and Envision
Wind energy consultancy MAKE reports that Vestas has won the top position in its top 15 global rankings, according to MAKE’s Global Wind Turbine OEM 2016 Market Share analysis. The pure-play turbine OEM added 8.7 GW across 36 markets in 2016, beating runner-up GE by nearly 3 percentage points, the largest differential between the top two spots … Continue reading Top 10 global wind turbine OEM rankings: Vestas, GE, Goldwind, Gamesa, Siemens, Enercon, Nordex, United Power, Mingyang and Envision
Continue readingThe merger of Gamesa and Siemens Wind Power becomes 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 … Continue reading The merger of Gamesa and Siemens Wind Power becomes effective
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Gamesa to maintain 146 MW for Eolia Renovables at eight wind farms in Spain
Gamesa, a global technology leader in wind energy, has secured a new agreement with Eolia Renovables, Spain’s leading independent renewable energy operator, for the provision of operations and maintenance services in respect of 146 MW of turbines located in Spain for five years, until 2022. This marks the renewal of the agreement to operate and … Continue reading Gamesa to maintain 146 MW for Eolia Renovables at eight wind farms in Spain
Continue readingTop wind energy manufacturers
The emergence of wind power as a major alternative source of energy has propelled the growth of turbine suppliers over the past few years. Growing environmental concerns have forced many nations to formulate plans to accelerate the development of onshore as well as offshore wind power projects, leading to an increase in turbine demand. Vestas: … Continue reading Top wind energy manufacturers
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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
Continue readingTPI 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
Continue readingMerger 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
Continue readingGamesa 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%)
Continue readingGamesa 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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