Siemens Gamesa Renewable Energy

With more than 18 years’ experience, Gamesa is a global technological leader in the wind industry.

Its comprehensive response includes the design, manufacturing, installation and maintenance of wind turbines, with more than 24,000 MW installed and 16,300 MW under maintenance .

Gamesa is also a world leader in the development, construction and sale of wind farms, having installed over 5,000 MW and having a portfolio of 24,000 MW in Europe, America and Asia.

It also maintains a strong commitment to the offshore wind energy segment, through technological and industrial development, which will evolve in the next few years parallel to the market's needs.

Gamesa has about 30 producion centres throughout Europe, the United States, China, India and Brazil, and more than 8,000 employees world wide.

The annual equivalent of its 24,100 MW installed amounts to more than 5 million tons of petroleum (TEP) per year and prevents the emission into the atmosphere of about 36 million tonnes of CO2 per year.

In 2011, Gamesa's consolidated revenues amounted to more than 3,033 million Euro and the net profit was 51 million Euro. International markets accounted for almost 92% of all sales.

Gamesa is listed on the Ibex 35 and forms part of Dow Jones Sustainability, FTSE4Good and Ethibel sustainability indexes.

Integrated response presence in all phases of a wind project
The presence of Gamesa in the wind sector is comprehensive, covering all stages of developing a wind project, through the following segments:

• Gamesa is among the world leaders in the market in wind turbine design, manufacturing and installation, having installed 24,143 MW through 2011. With manufacturing facilities in Europe, the US, Asia (China and India) and Brazil, Gamesa's policy is to have a stable presence in target countries, growing in line with the markets and responding to its customer's growth needs, while continuously improving the reliability, efficiency and availability of its portfolio of products and services, both present and future, enabling it to reduce the Cost of Energy for customers by 20% in 2013 and by 30% by 2015.
• Gamesa's end-to-end offering in the wind turbine manufacturing business is complemented by a comprehensive range of operation and maintenance (O&M) services; it currently provides O&M services for 16,300 MW owned by over 150 clients using an international network of more than 2,500 professionals equipped to respond to the need for optimal availability and returns while minimising maintenance costs. The services area is key for Gamesa's profitable growth because of its contribution to producing recurrent revenues, improving margins and generating cash flow. The new programmes also make a decisive contribution to improving CoE.
• In addition to its renewable energy manufacturing activities, Gamesa has been developing and selling wind farms since 1995, enabling it to leverage its know­how in the process of construction, development and sale. Throughout 2011, Gamesa has established 170 wind farms worldwide, with a total installed capacity of close to 5,000 MW, and it had a pipeline of 24,000 MW in various stages of development in Europe, America and Asia.

In the search for new business opportunities and energy solutions that will contribute to sustainable growth in the medium and long term, Gamesa is also developing and analysing new technologies and markets as a means of expanding existing businesses or diversifying its activities with the goal of identifying and investing in innovative companies in the areas of renewable energy, energy efficiency and integration of energies into the electricity grid.

In October 2010, Gamesa unveiled its new Business Plan 2011-2013 in London; it plans to become a benchmark in the wind power industry by offering the lowest cost of energy, while focusing on three vectors: Cost of Energy (CoE), growth and efficiency.

After completing a first phase that was focused on expansion and diversification in terms of markets, customers and products, the goal being to be wherever there is business to be done, and having set its growth process in motion, Gamesa will focus in 2012 on competitiveness and efficiency, in both management and costs.

Gamesa will give priority to sound finances and profitability over sales volume and will bring forward its net free cash flow break-even target by one year.

Also in 2012, Gamesa will continue to advance along the three vectors of its Business Plan 2011-2013, all of which are critical for strengthening its leading position in the sector worldwide:

• Optimisation of the Cost of Energy, focusing on improving turbine availability and reliability, with special efforts in 2012 to reduce the cost of materials. It will also develop two new wind turbines (G97-2.0 MW Class II and G114-2.0 MW Class III) and will continue to improve the availability of its fleet.
• Strengthening its presence in target markets and stepping up sales efforts among utilities in central and northern Europe and in markets in Southeast Asia, Australasia, South Africa and the Middle East. To do so, the company will leverage its presence in China, India and North Africa.
• The services area will intensify sales efforts outside Spain for its new value-added and large component repair and overhaul services.
• The wind farm development and sale division will continue to monetise its pipeline, focusing especially on the US.
• Efficiency is particularly important in the current market situation, as production capacity is being tailored to demand and concentrated in line with demand in specific regions and for specific products; material costs are also being reduced (in line with the commitment to reduce the Cost of Energy) and support functions are being optimised to make the organisation more competitive.

Wind power has been a mature technology for many years now in demand all over the world with an orderly, gradual and predictable growth.

Wind energy is the most reliable and effective renewable energy source for responding to growing demand –in view of the foreseeable depletion of traditional (fossil) and non-renewable energy sources-. Likewise it guarantees economic competitiveness and is one of the factors driving the reduction in pool prices in many countries.

Wind energy, like the other renewable energy sources, prevents the emission of CO2, is a limitless resource and reduces nations’ energy dependence; however it is markedly different from the other renewable sources in the following two respects: its industrial nature (meaning the existence of a national industry built around proprietary technology with longer development periods - eight years to develop a wind farm - and higher capex requirements) and technological maturity, with the sector firmly established on the learning curve, a factor driving price competitiveness.

Growth drivers

There are five factors which will continue to drive growth in the wind power sector medium- and long-term:

• The commitment by countries and governments to continue contributing to socio-economic development that is sustainable and integrating, capable of creating a stable industrial structure and jobs, and of promoting territorial and social integration.
• Growing demand for energy worldwide in emerging countries, mainly in Asia. China was the fastest-growing wind markets in 2009 and is the one with the strongest prospects for the future because of the size of the market, the authorities' awareness of environmental and pollution problems, the lack of domestic energy resources, and the launch of a renewable energy plan.
• Energy independence.
• Increase in fossil fuel prices.
• Growing competitiveness of wind power.

Siemens Gamesa Renewable Energy was created in April, 2017, with the merger of Gamesa Corporación Tecnológica and Siemens Wind Power. 

Gamesa’s history is marked by a spirit of innovation and successful expansion into new markets. What started as a small machining workshop in northern Spain quickly grew into a global company focused on industrial facility management, the automotive industry, and new technology development.

In 1995, Gamesa expanded into wind power, installing the first wind turbine in the hills of El Perdón, in Spain, and just four years later the company had grown into the leading manufacturer of wind turbines in the country. International expansion quickly followed as the company opened production centers in the U.S., China, India and Brazil. 

The history of Siemens Wind Power is equally impressive.  The company has been directly involved in the wind power industry since 2004, when it acquired the Danish wind turbine manufacturer Bonus Energy. With the acquisition of Bonus, Siemens gained a wealth of technology and proven experience stretching back to 1980. This history includes providing turbines for the world’s first offshore wind farm in Vindeby  off the coast of Denmark, in 1991.

The company grew into the global market leader for offshore wind turbines, earning a reputation for technological leadership, strong customer service, and for offering fully integrated end-to-end energy solutions.

Siemens  Gamesa brings these many qualities together under one roof: an innovative spirit, dedication to technological excellence, and a determination to provide real and lasting value to all stakeholders and customers. Today, Siemens Gamesa Renewable Energy is a respected industry leader committed to providing innovative and effective solutions to the energy challenges of tomorrow.