27 November 2017 2017 09:15 AM GMT

Siemens Gamesa Sets Records: Largest Thailand Order And Asia’s Tallest Turbines

Siemens Gamesa Renewable Energy has achieved a new milestone in its positioning in Asia Pacific having secured its largest-ever contract in Thailand, a market in which it is the leading OEM, responsible for more than 50% of the country’s total installed capacity. Specifically, Siemens Gamesa has reached an agreement with local developer for the supply of 103 of its G126-2.5 MW turbines (260 MW) at the Hanuman wind complex, being built in the province of Chaiyaphum, in northeast Thailand.

This order also marks a new technical feat as it will entail the installation of Asia’s highest wind turbines: with a tower height of 153 metres and a blade length of 62 metres, the turbines will stretch 215 metres tall. This marks a new record for Siemens Gamesa, which last summer completed the installation of 33 210-metre tall turbines, the previous record holders.

“We are very proud to have secured this order which highlights our commercial strength and positions us as the leading OEM in Thailand”, said Álvaro Bilbao, Siemens Gamesa’s CEO in the Asia-Pacific region, before going on to add that “it also endorses the versatility of our wind turbines and the company’s R&D capabilities”. The turbines will be delivered in May 2018 and commissioned towards the end of that year. The company will also operate and maintain the facility.

Siemens Gamesa Renewable Energy was created in April 2017, with the merger of Gamesa Corporación Tecnológica and Siemens Wind Power and the integration of the two entities of Siemens and Gamesa was a major focus for the company during the year. The integration process has the focus of realising the company’s substantial potential, thanks to its bigger scale and global reach: a presence in more than 90 countries, an installed base of 75 gigawatts, and a strong order book of €21 billion. Markus Tacke, CEO of Siemens Gamesa, stressed that the company boasts “a very strong global presence, underpinned by solid relationships with customers around the world, a global supply chain, and a broad manufacturing footprint. We have some of the most reliable and efficient products in the industry”.

Image: Courtesy of Siemens Gamesa Renewable Energy

December 27th 2017
Rooftop PV Presents a $23 Billion Opportunity in India Over The Next 5 Years

India is accelerating development of renewable energy projects to provide cheap, reliable and clean power to its 1.3 billion people. The country’s per-capita on-grid electricity consumption has increased significantly over the four years; due to increased industrial activity, higher uptake of electrical appliances by residential electricity users and the addition of new consumers to the grid. During this period, the cost of electricity from rooftop PV has halved, due to fierce competition in the market and a drop in equipment prices. In contrast, average retail electricity rates have increased by 22% in the same period. This has made rooftop PV cheaper than commercial and industrial grid tariffs in all major states in India.

February 5th 2018
Chinese Solar Surge Fuels Overall Global Growth In Clean Energy Investment

World clean energy investment totalled $333.5 billion last year, up 3% from 2016 and the second highest annual figure ever, taking cumulative investment since 2010 to $2.5 trillion. An extraordinary boom in photovoltaic installations made 2017 a record year for China’s investment in clean energy. This outpaced changes elsewhere, including jumps in investment in Australia and Mexico, and declines in Japan, the U.K. and Germany. The figures up 3% from a revised $324.6 billion in 2016, and only 7% short of the record figure of $360.3 billion, in 2015.

January 8th 2018
Vestas Sets 10.6 GW Record In 2017 After Year-End Surge; Ups Cashflow Guidance

Vestas has received a firm and unconditional order for 190 MW of 4 MW platform turbines in the U.S. taking the global order intake for the company in 2017 to 10.6 GW, surpassing 2016’s record order intake of 10.5 GW. The surge of orders at the end of the year has resulted in the company revising its guidance for free cashflow upwards. It now expects the free cashflow for 2017 to be €1.15bn-€1.25bn, as compared with the previous guidance of €450m-€900m. Markets have reacted favourably with the company share price experiencing an increase of 5%. 

January 5th 2018
Nordex Benefiting Increasingly From Renaissance Of Spanish Wind Energy Market

The Nordex Group is benefiting increasingly from the renaissance of the Spanish wind power market: utility Gas Natural Fenosa Renovables (GNFR) has now ordered 58 AW132/3300 from the company in December. The contract covers the installation of six wind farms as well as multi-year services for the turbines. Construction of the first turbines will commence in the summer of 2018 and all the projects are located in regions of Spain where the Nordex Group has manufacturing facilities. In addition, the towers will be produced locally using the process developed by the company.


 

   

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