in News Departments > FYI
print the content item

Gamesa has reported consolidated sales of 2.294 billion euros for the period from January through September.

Gamesa says the gains in its wind farm development business offset the slowdown in its wind turbine division but that a lower volume of activity, price pressure and regulatory uncertainty in key markets affected the results.

The company sold 1.627 GW during the period, with markets in Latin America and the U.S. making up 30% and 24% of total sales, respectively. The sales in these two markets offset declines in the Chinese and European markets, Gamesa says, adding that India was its third-highest region for sales, accounting for 13% of the total.

In the first nine months of the year, Gamesa recorded 554 MW in sales agreements for wind farm development, and 254 MW was delivered during this period. The company expects to deliver an additional 600 MW in the fourth quarter.

Sales in Gamesa’s operations and maintenance (O&M) services division increased by 4% in the first nine months to 227 million euros, and the company currently has a total of 18.368 GW under O&M contracts.

Gamesa says it plans to adapt its manufacturing structure to increase its industrial presence in India and develop an offshore wind turbine prototype.



Trachte Inc._id1770
Latest Top Stories

Alberta Breaks Wind Power Record, Then Does It Again

Last week, the Alberta Electric System Operator recorded new wind production peaks in the Canadian province - highlighting how well the grid integrated the renewable energy.


Federal Appeals Court Finds Obama's Wind Farm Decision Unconstitutional

A federal appeals court ruled that the U.S. government violated the constitutional rights of Chinese-owned Ralls Corp. when ordering the divestment of four Oregon wind farms.


Renewables Make Up Over 50% Of New U.S. Power In First Half Of 2014

According to a recent government report, renewable energy sources, such as wind and solar, continue to dominate new electric generating capacity.


Suzlon Facility Lends Key Assist In Developing 'The Wind Technicians Of Tomorrow'

The turbine manufacturer’s Elgin, Ill.-based training facility is the culmination of a program that puts a new twist on a proven method of instruction.


Having Their Say: CanWEA Clarifies True Source Of Canadian Wind Success

The Canadian Wind Energy Association (CanWEA) takes issue with a recent report summary regarding various renewable energy policies in North America.

Navigant_id1983
Canwea_id1984
Renewable NRG_id1934