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Market complexities plus growth and new product launches temporarily impact Gamesa's profitability; sales expanded, order intake increased 2.4-fold, and monetisation of the wind farm business accelerated

2012-05-10 00:00:00.0

Gamesa will occupy the Vice-Presidency of the European Chamber in China

2012-05-07 00:00:00.0

The last two years, Juan Ignacio García de Motiloa has been president of the renewable energies workgroup in the institution, which represents more than 1,700 companies established in the country

Gamesa reaches a critical milestone in its offshore strategy: the first offshore prototype to be installed in Spain

2012-05-07 00:00:00.0

This offshore prototype will be the first to be installed in Spain
Gamesa chooses Arinaga Quay in Gran Canary Island: the decision driven by technical and wind resource considerations, offshore market trends and investment return criteria
Installation is expected to begin in Q2 2013, with a view to achieving certification in the following months, to permit the installations of the pre-series turbines, towards the end of 2013 or early 2014
The offshore prototype has a nominal capacity of 5 MW and a 128-meter rotor
Gamesa is poised to play a leading role in the global offshore segment: it is making progress in parallel on establishing of its manufacturing base in the UK, where it is in talks with Forth Ports at Leith (Scotland) for the installation of two manufacturing plants and port logistics and maintenance services

Gamesa to install 10 turbines at Iberdrola's first repowering project in the UK

2012-05-04 00:00:00.0

The Carland Cross site in southwest England, the UK’s oldest wind farm, will boost its capacity from the current 6 MW to 20 MW

Gamesa debuts in a new market, Uruguay, with a deal to supply 50 MW of turbines to Abengoa

2012-05-03 00:00:00.0

Gamesa will deliver 25 of its G90-2.0 MW turbines for a wind farm project in Peralta and provide operation and maintenance services for 20 years
Another 186 MW has been ordered during the first four months of the year in LATAM and the Southern Cone, in Brazil, Mexico and the Dominican Republic

Ocean yachtsman Mike Golding visits Gamesa facilities in Brazil

2012-04-27 00:00:00.0

Following visits to company operations in the United States and China, Golding lands at Gamesa facilities in Sao Paulo and Camaçari, in the State of Bahía, to discuss the link between the values of leadership, innovation, teamwork, passion for the customer and professional sport of sailing
In 2011, Gamesa became the title sponsor of the Gamesa Sailing Team, skippered by Mike Golding and will compete later this year in the Vendée Globe, considered the “Everest of the Oceans”

Gamesa and Toyota Spain sign collaboration agreement to boost use of electric vehicles

2012-04-24 00:00:00.0

For six months the company will test the Toyota Prius Plug In to analyse its technology and the charging infrastructure needed to facilitate near-term mass rollout in Spain

Gamesa launches its major components reconditioning services business in Europe

2012-04-13 00:00:00.0

Upgrading or replacing turbine components (blades, generators and gearboxes) with state-of-the-art technologies improves turbines’ performance, lengthens their useful life and cuts operation and maintenance costs (O&M)

Gamesa launches a new turbine, the G114-2.0 MW: maximum returns for low-wind sites

2012-04-12 00:00:00.0

A new milestone in the industry thanks to its reduced power density, the lowest on its market segment
Ideal markets for this product include India, China provinces surrounding large consumption areas (Beijing and Shanghai), Brazil and low-wind sites in Europe and the United States
Marketing underway, the first machines will be delivered in late 2013

Gamesa's G128-4.5 MW modular blade wins JEC Innovation Award

2012-04-10 00:00:00.0

Gamesa receives the top prize in the wind energy category for the second year in a row

Gamesa hits a new capacity installation record and moves up in the world’s wind turbine manufacturers ranking

2012-03-27 00:00:00.0

Installs 3,308 MW in 2011, 87% of them outside Spain

Gamesa rounds out its management team in the US with the appointment of a CEO

2012-03-27 00:00:00.0

With an extensive background in the wind energy industry and experience in the US market, Borja Negro joins recently appointed North American Chairman David Flitterman to jointly lead the growth of Gamesa's business in the region

Gamesa announces intention to pursue MOU with the Port of Leith as its UK manufacturing base

2012-03-23 00:00:00.0

Subject to market developments, an investment over time of about €150 million if successful MOU discussions lead to agreement on establishment of two plants in the Port of Leith - blade and nacelles -, port logistics and O&M services; eventually about 800 new jobs

Gamesa enters distributed and community wind market in the US through partnership with Harvest the Wind Network

2012-03-20 00:00:00.0

They will cover mid-scale wind turbine market to power communities, manufacturing plants, schools and large industrial facilities

Gamesa's G10X-4.5 MW prototype wind turbine at Alaiz (Navarra) sets a new output record for a turbine in Spain

2012-03-12 00:00:00.0

The prototype yesterday generated 104.6 MWh, or 23.24 equivalent hours producing at nominal capacity (96.85% of the day), surpassing the previous record of 98.5 MWh set in January

Gamesa agrees to sell US wind farms totalling 480 MW to Canada's Algonquin Power & Utilities Corp

2012-03-09 00:00:00.0

The agreed transaction, with a value of approximately US$900 million, features an equity and tax investment structure, involving the utility and JP Morgan and Morgan Stanley, respectively
Gamesa is developing and building 4 separate wind farms, which will be equipped with 240 of Gamesa's G9X-2.0 MW turbines, and are scheduled for commissioning in 2012. The deal represents new firm orders of 350 MW for delivery in 2012
Furthermore, Gamesa and Algonquin Power & Utilities Corp have entered into a collaboration agreement to pursue additional wind power development opportunities in the US and Canada
The agreement aligns with Gamesa’s strategy of realising the value from its global wind farm portfolio (23,891 MW). In the US alone, Gamesa has over 3,500 MW of wind assets at various stages of development

Gamesa reinforces its U.S. structure

2012-03-01 00:00:00.0

David Flitterman, as Chairman, will spearhead Gamesa’s efforts to cement its position in the US and to expand the business within this market’s sphere of influence

Wind energy output in February reaches a record monthly high and accounts for 21.7% of Spain's electricity demand

2012-02-29 00:00:00.0

The wind energy industry generates 4,890 GWh and prevents 260 million euros of income transfers abroad

Gamesa fulfils guidance and grows profitably through globalisation and efficiency: double digit sales and EBIT growth, and net income rises to 51 million Euro

2012-02-23 00:00:00.0

The President of Honduras inaugurates Central America's largest wind farm, which features 102 MW of installed capacity

2012-02-22 00:00:00.0

Built by Gamesa and Iberdrola Engineering and equipped with 51 of Gamesa’s G87-2.0 MW turbines, the site will boost Honduras’ installed wind capacity by 7%

Gamesa's orders for the new G97-2.0 MW turbine total 356 MW in the second half of 2011, its inaugural year

2012-02-02 00:00:00.0

Europe accounted for the largest share of orders (40%), followed by China (28%) and the US (26.4%)
With the G97-2.0 MW, Gamesa entered into a new market: Canada, where it signed a contract to deliver its first 10 MW
Gamesa in 2011 began marketing and delivering the G97 for low-wind sites: the company expects it will drive more than 50% of demand for the 2.0 MW class of turbine
Gamesa began manufacturing the turbine in four regions simultaneously: Europe, China, India and the US

Gamesa secures a deal to supply 50 MW of turbines in Almeria and to maintain them for 10 years

2012-01-26 00:00:00.0

The company will install 25 of its G97-2.0 MW turbines at the Santa María de Nieva wind farm, owned by Explotaciones Eólicas Vélez Rubio, whose majority shareholders are Grupo Ortiz and Grupo Ibereólica

Gamesa sells two wind farms in France to Allianz

2012-01-23 00:00:00.0

With combined installed capacity of 16 MW, the sites are each equipped with four G90-2.0 MW turbines
As a wind farm developer, Gamesa has brought 114 MW of capacity online in France and has a project portfolio of 800 MW at varying stages of development

Gamesa makes progress on its technological diversification strategy by taking a stake in N2S, an electric vehicle and energy efficiency start-up

2012-01-18 00:00:00.0

Via its tech investment fund, Gamesa Venture Capital, Gamesa takes a 20% stake in the Spanish start-up, which specialises in intelligent energy services management
The company bolsters its position in the green mobility market: Gamesa already has technology, a charging station manufacturing plant and supply deals, which this deal complements with an N2S-developed platform for intelligent charging station management
The venture enhances Gamesa's experience in the energy efficiency field, in which it already offers energy audit services to industry, thanks to the addition of a system for managing energy usage in real time
Gamesa’s debut as an N2S shareholder gives N2S the resources it needs to fuel its international expansion and to capitalise on the opportunities posed by the digitalisation of electricity consumption
Gamesa’s fund continues to explore investment possibilities in other technologies with growth potential: tidal energy, next-generation photovoltaics, small wind, green mobility, energy efficiency and off-grid systems

Gamesa appoints David Blunt as Public Policy Director in the UK and with EU institutions

2012-01-17 00:00:00.0

Gamesa to deliver another 50 MW of its G97-2.0 MW turbines to Longyuan in China

2012-01-16 00:00:00.0

The deal follows a separate contract signed a few months ago in China with the same power company - the world's No. 3 wind farm developer- to supply 25 Gamesa G97-2.0 MW turbines

Gamesa attends the Manten-er trade fair and unveils new services, including the launch of a division for reconditioning major turbine components

2012-01-12 00:00:00.0

This service, which the company already provides to Spain’s leading wind farm developers, extends the useful life of wind turbines and lowers operation and maintenance (O&M) costs

Gamesa expands its manufacturing base in India by opening its first blade factory

2012-01-11 00:00:00.0

The new blade plant is part of a 60-million-euro investment Gamesa announced last year to address growth in India
With manufacturing capacity of 390 units in 2013, the new factory in Gujarat will produce blades for Gamesa turbine systems G5X-850 kW and G9X-2.0 MW
India currently accounts for 20% of the MW the company sells worldwide. In just two years, Gamesa has become India's No. 3 wind turbine manufacturer

Gamesa forms an Executive Committee within the Board of Directors

2012-01-10 00:00:00.0

Gamesa agrees to sell two wind farms in Spain to Gas Natural

2011-12-28 00:00:00.0

The wind farms, outside Lugo and Tarragona, have combined installed capacity of 42 MW