Iberdrola Renovables, in a consortium with local energy company Neoenergia, is to supply Brazil with electricity from 9 wind farms over 20 years for €60 million ($77 million) a year.
Gamesa has made progress today towards strengthening its principles of equality of opportunity between female and male employees and in facilitating work-life balance among all of its staff.
ACCIONA Energy will receive up to 13.79 million Canadian dollars (10.28 million euros at the present exchange rate) over ten years from the Government of Canada as an incentive for the Lamèque wind farm that the company is now building in the province of New Brunswick (Eastern Canada).
ACCIONA Energy’s electricity production increased strongly in the first six months of 2010. Installations belonging to the Company generated 9,737 million kilowatt-hours (GWh), representing an increase of 73% over the figures for the same period in the previous year. Wind power production -7,465 GWh- grew by 51% and accounted for 77% of the power generated [...]
Gamesa’s Board of Directors has resolved to end the company’s negotiations with Germany’s Bard and to roll out Gamesa’s strategy for the offshore wind market in the short and medium term using in-house resources.
Gamesa maintained and/or improved its main efficiency and productivity ratios in H1 2010 despite the weak economic situation and regulatory uncertainty, particularly in Europe. The cost efficiency plan (over €80 million saved in H1 2010) boosted the EBITDA margin in the core business, wind turbine manufacture, to 14.3% in H1 2010, i.e. 0.8 points more [...]
Gamesa has signed an agreement with Esquilvent, a wind power developer from Castile-Leon for the construction of three wind farms with aggregate capacity of 140.6 MW in the town of Ampudia in Palencia (Castile-Leon, Spain).
The Catalan government has approved new measures to meet its goal of 3,500 MW of wind energy by 2015. But industry doubts the viability of the plans.
Vestas Mediterranean has received its first order for the new V100 turbine model launched last year. The order consists of 10 units for the Sierra de Arcas wind power plant which will be located in Malaga in the south of Spain.
COMSA EMTE and Gamesa have sealed an agreement to bid jointly for the wind power tender launched by the Department of Finance of the regional government of Catalonia. The purpose of the consortium formed by the two companies is to obtain a significant share of the capacity (MW) tendered in the various Priority Development Zones [...]
The President of the Navarre Regional Government, Miguel Sanz, today opened ACCIONA’s new wind turbine blade manufacturing facility at Lumbier, representing an investment of 25 million euros. The plant, which enhances the company’s presence in the entire wind power value chain, will produce 34-meter and 37.5 meter blades for the AW-1500 wind turbine, which uses [...]
Gamesa has received certification for its G90 Class II wind turbine from GL Renewables Certification (GL), one of the world’s leading wind energy industry certification bodies. As part of the certification process, the turbine passed a product design review, a power curve test and verification of the load assumptions by prototype measurements, in accordance with [...]
The new plattform Gamesa G10X-4.5 MW has been chosen as one of the top 100 ideas of the year by the business magazine ‘Actualidad Económica’. This publication chooses, once a year, the companies that make a huge innovation effort and also highlights the projects that improves socioeconomic conditions.
Iberdrola Ingenieria, a subsidiary of Spanish electric utility Iberdrola, has been awarded a $99m contract to construct a 228MW wind farm at Piedra Larga in Oaxaca state, Mexico.
Gamesa’s General Meeting of Shareholders today approved a capital increase of up to 29 million euro against reserves to be used to pay the dividend in stock rather than cash. The new “Gamesa Flexible Dividend” system will enable shareholders to receive part or all of the standard remuneration in cash or in Gamesa shares.
Gamesa and Developer Cannon Power have agreed to a 10-year exclusivity agreement, stipulating that Gamesa will supply all of the wind turbines installed at sites developed by Cannon in the Mexico’s Baja California. Also Gamesa will provide additional support and maintenance services, and limited development services.
Gamesa’s strategy, which focuses on active management of an ambitious efficiency plan, enabled the company to maintain and/or improve its key efficiency and productivity ratios: the EBIT margin in its core business, wind turbine manufacturing, was 6.2%, on par with 1Q09 (6.5%), despite less activity and in line with the company’s FY 2010 guidance. The [...]
Gamesa is strengthening its presence in China by breaking ground on its fifth manufacturing plant in the Asian country, in the city of Da’an in the province of Jilin (northwest China), one of the country’s leading wind energy regions. The factory, scheduled to begin operating in 2011, will manufacture G8X-2.0 MW wind turbines and have [...]
Aravis Energy I LP, a Swiss venture capital firm based in Zurich, has sold wind energy company LuciaWind AG to the utility EBM. LuciaWind AG operates a 42-megawatt (MW) wind farm in Spain.
The Gamesa G10X-4.5 MW has a 128-diameter rotor and a 120-metre hybrid tower made of cement and steel. With installed capacity of 4.5 MW, the turbine offers lower energy costs and ease of transport and installation similar to that of a 2.0 MW turbine.
Gamesa, a world leader in wind turbine manufacturing, has launched a high-tech solution, the Mega system, to provide customers with detailed information on conditions at their wind farms.
Iberdrola Renovables has been granted a license by Romanian grid operator Transelectrica to connect a total of 1.5 gigawatts (GW) of wind power to its national electricity grid.
Iberdrola Renewables announced a power purchase agreement (PPA) with a new customer, We Energies of Milwaukee, Wisconsin. We Energies will purchase 50 megawatts (MW) of energy from Iberdrola Renewables’ Barton Wind Power Project in operation near Kensett, Iowa.
The Spanish Wind Energy Association (AEE) has decided to strengthen its management team with the creation of new areas and the incorporation of professionals to the growing challenges the wind energy industry is facing in Spain.
ACCIONA Energy has been selected for the construction and operation of three wind parks in Oaxaca state (Mexico). The 450 million euro (more than US$600) deal is for three parks totaling 306 MW. Construction work will get under way in 2010 and the parks – which will feature ACCIONA technology 1.5 MW wind turbines – [...]
Gamesa’s G10X 4.5 MW wind turbine took the prize in the sustainable development product category at the 7th European Business Awards for the Environment 2009-2010 in Spain.
The Spanish firm which owns ScottishPower has chosen Glasgow as its global base for building offshore wind farms.
Lake Turkana Wind Power Ltd — the largest wind power project in Africa and Kenya’s most ambitious green energy venture yet — has just achieved a major breakthrough with the Spanish government stepping in with a $150 million (€110 million) offer to finance construction of the transmission line.
By focusing on actively managing working capital (synchronising production and delivery) and implementing an ambitious efficiency programme (which has already saved 150 million euro), Gamesa significantly improved margins in its core wind turbine manufacture division in 2009: the EBIT margin was 7.2%, above the company’s guidance (6%-7%) and a notable 140 basis points higher than [...]
GAMESA has signed a Memorandum of Understanding (MoU) with BARD Holding GmbH for joint development and marketing of offshore wind turbines and services. The agreement envisages a significant investment by GAMESA for a minority stake in BARD and the creation of a joint venture to sell turnkey solutions and provide services in the offshore wind [...]