In Short : Siemens Gamesa has sold its power electronics business to ABB for an undisclosed amount. The deal aligns with Siemens Gamesa’s strategy to streamline operations and focus on core renewable energy solutions. ABB aims to strengthen its portfolio in power conversion technology, leveraging this acquisition to enhance offerings in renewable energy and industrial […]
Siemens Energy takes full control of Siemens Gamesa – EQ Mag
FRANKFURT : Minority shareholders of Siemens Gamesa on Tuesday approved a capital reduction for the remaining 2.21% stake parent Siemens Energy (ENR1n.DE) does not already own, paving the way for a full integration of the Spanish-based wind turbine maker. “This is an important step in preparing for full integration. Besides, the turnaround program at Siemens […]
Siemens Gamesa executive says wind turbine makers need cash support – EQ Mag
MADRID : Big Western wind turbine makers need direct financial support to make the investments needed to aid decarbonisation, Siemens Gamesa’s operating chief said on Tuesday. The challenge for a turbine maker like Siemens Gamesa, a unit of Germany’s Siemens Energy ENR1n.DE, to grow is that it needs to invest billions of euros but does […]
Siemens Gamesa plans NY nacelle factory if it bags offshore wind orders – EQ Mag
Siemens Gamesa plans NY nacelle factory if it bags offshore wind orders. Wind turbine maker Siemens Gamesa said on Monday it would build a factory for offshore nacelles in the state of New York, provided that its machines are selected in the state’s third offshore wind solicitation. The facility would be located at the Port […]
Siemens Energy cuts profit outlook as Siemens Gamesa woes continue – EQ Mag
FRANKFURT : Siemens Energy ENR1n.DE on Thursday slashed its 2023 outlook after faulty components at the wind turbine fleet of Siemens Gamesa SGREN.MC led to higher warranty and maintenance costs, marking the latest setback in the group’s troubled relationship. The German supplier of equipment to the power sector, which was spun off from Siemens AG […]
Azure Power ties up with Siemens Gamesa for Supply of Onshore Wind Turbines – EQ Mag Pro
NEW DELHI : Azure Power Global Limited (NYSE: AZRE) (“Azure” or “the Company”), a leading independent sustainable energy solutions provider and renewable power producer in India, today announced that it has signed a Master Supply Agreement (“MSA”) with Siemens Gamesa Renewable Power Private Limited (“Siemens Gamesa”), a global leader in wind technology. Siemens Gamesa will […]
Siemens Gamesa clocks another deal for its 3.X platform in India with a 133 MW project with Vena Energy – EQ Mag Pro
With this order Siemens Gamesa’s order entry of the 3.X platform surpasses the 1 GW milestone. The company will supply 37 SG 3.6-145 wind turbines for the project in the state of Karnataka to be manufactured at its facilities in India. Siemens Gamesa has signed a deal with Vena Energy to supply its industry leading […]
Siemens Gamesa speeds up measures to stabilize business and will launch a long-term plan to deliver its full potential – EQ Mag Pro
Results for the second quarter and first half of financial year 2022 (October 2021 – March 2022) Financial performance continued to be affected by supply chain disruptions and ramp-up challenges in the Siemens Gamesa 5.X platform Actions already implemented to urgently address short-term priorities, and new plan to be launched to deliver the company’s full […]
Siemens Gamesa appoints Tim Dawidowsky as Chief Operating Officer – EQ Mag Pro
Siemens Energy executive brings substantial turnaround experience, leading large engineering units in challenging circumstances to profitability Supply chain and project management expertise critical to Siemens Gamesa in turbulent wind energy sector Siemens Gamesa has today appointed Tim Dawidowsky as its Chief Operating Officer. Dawidowsky, who has been a member of the Board of Directors of […]
Powering ahead in India: Siemens Gamesa clocks third major order for its 3.X platform with NIIF backed Ayana Renewable Power
With this 302 MW contract, the total order intake for the Siemens Gamesa 3.X platform in India stands at 925 MW, demonstrating customers’ trust in our technology The company will supply 84 SG 3.6-145 wind turbines for the project located in the State of Karnataka, India for National Investment and Infrastructure Fund (NIIF) backed Ayana […]
