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07/30/14 - €9.92
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gamesa corp tecnologica sa (GAM) Details

Gamesa Corporación Tecnológica, S.A. develops, constructs, and sells wind energy plants. The company operates in two segments, Wind Turbines, and Operations and Maintenance. It also develops, constructs and sells wind farms; and designs, manufactures, and sells wind turbines. The company manages wind turbines of approximately 29,000 MW; and wind farms with an installed capacity of 6,000 MW. In addition, the company manufactures blades, moulds, gear assemblies, and wind generator towers, as well as offers conception, manufacturing, assembly, logistics, installation, commissioning, and maintenance services. Further, it manufactures and sells photovoltaic power station inverters; designs, validates, manufactures, and supplies electrical system components for wind turbines; manufactures generators, converters, and control cabins; designs and installs classification motors in nuclear power plants, and alternators and motors for marine use; and offers power electronics products, electrical converters and variators, charging points for electric vehicles, and permanent magnets, as well as custom-built solutions for rotating electrical machines and power electronics. Additionally, the company is engaged in the manufacture and sale of electricity generators, electronic equipment, and electronic elements; iron smelting activities; and purchase and sale of raw materials, as well as offers engineering, reinsurance, administrative management, and logistics and transport services. It operates in Spain and rest of Europe; the United States; and China, India, Brazil, Mexico, and rest of world. The company was founded in 1976 and is headquartered in Zamudio, Spain.

6,089 Employees
Last Reported Date: 02/28/14
Founded in 1976

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gamesa corp tecnologica sa (GAM) Key Developments

Gamesa Corporacion Tecnologica SA Wins Order from Feb. to Supply G114-2.0MW Turbines in Brazil

Gamesa Corporacion Tecnologica SA has won a new 84MW order from Forca Eolica do Brasil S.A., or FEB, a consortium made up of Iberdrola, S.A. and Neoenergia, to supply 42 of its G114-2.0MW turbines at three wind farms located in Rio Grande do Norte in north-eastern Brazil. Gamesa will supply, transport, install and commission 15 G114-2.0 MW turbines at the Santana 1 wind farm, 15 turbines of the same make at the Calango 6 facility and another 12 at the Santana 2 complex. These 42 turbines, which will be made at Gamesa's factory in Camacari, are due for delivery during the third quarter of 2016, while the wind farms are slated for commissioning the following quarter. The G114-2.0 MW is a new turbine model designed to yield more power at lower cost at low and medium wind speed sites, which is particularly suitable for the high-wind and low-turbulence conditions encountered in Brazil. The order backlog for this product stands at over 800 MW to date.

Gamesa to Supply 84MW in Turbines to Brazil Wind Farms

Gamesa has secured a contract to supply, transport, install and commission 42 turbines (2MW each) at Força Eólica do Brasil's wind farms in Rio Grande do Norte in northeast Brazil. The firm will deliver 15 turbines to the Santana 1 wind farm, 15 to the Calango 6 facility and another 12 to the Santana 2 complex. Força Eólica do Brasil is a consortium comprising Iberdrola and Neoenergia.

Gamesa corporation Tecnologica Wins Contract from Orange to Supply G97-2.0 MW Class S Turbines

Gamesa corporation Tecnologica won a contract from Orange Renewable Solutions for the supply of 50MW of its G97-2.0 MW Class S turbines at Khanapur site, located in Maharashtra, India. As a result, the company is poised to supply, install and commission a total of 50 of its G97-2.0 MW Class S turbines at Khanapur wind farm. With a tower height of 104 meters, Gamesa has designed this variant -already certified by TUV NORD- specifically for the Indian market, with a view to maximizing turbine performance at low wind speed sites. The company will also provide the facility's operation and maintenance services under a long-term arrangement. The first phase of 50 MW of the project commissioning is scheduled to be completed by March of this year, while the second phase of 50 MW is expected to be commissioned by June.


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