More than fifteen years' experience and the installation of more than 23,000 MW worldwide have made Gamesa a global technology leader in the wind industry. The company has strong manufacturing capacity in the major wind power markets and its medium-term strategy in this segment is focused on consolidation and growth in target countries and among new customers, who will be served by a growing sales network, selective expansion of production capacity in growth markets and innovation in design and technology for new platforms (onshore and offshore), as well as in manufacturing processes and logistics, with the aim of setting the benchmark for the lowest Cost of Energy (CoE).

The company has its own wind turbine design and development capacity and it is vertically integrated; Gamesa covers the entire process from conception, manufacturing and installation of wind generators, including manufacturing of blades, moulds, blade roots, multipliers, generators, converters and towers, as well as assembly, logistics and installation.

Gamesa has more than twenty production facilities in Spain (supplying mainly the European market), the US, Asia (China and India) and Brazil (since mid-2011). Its sales network, distributed in 8 regions and 24 sales offices worldwide, covers many European countries (Bulgaria, Denmark, France, Germany, Greece, Italy, Poland, Portugal, Romania, Turkey and the United Kingdom), North America (USA and Mexico), Brazil, China, India, Japan, Singapore and several North African countries such as Morocco and Egypt.

Growing global presence

Gamesa remains committed to growth in target countries, in line with market evolution and synchronised with expansion by its main customers, and it is expanding manufacturing capacity in growth regions as well as developing its platforms locally.

Gamesa sold 2,405 MW in 2010 and signed orders for 1,996 MW in the second half of the year as demand revived and its international sales network was deployed. Deliveries increased by 11% to 2,685 MW.

Gamesa continued to internationalise; as a result, international markets accounted for 93% of MW sold in the third quarter of 2011, compared with 73% in 2009.

More capacity in developing markets

In 2010, Gamesa undertook a review of its production capacity which resulted in the reduction of 500 MW of blade capacity in Spain (Alsasua and reduction of capacity at Somozas) and an increase in capacity in other countries by investing in growth markets such as China, India and Brazil:

• The company ended the year with 1,000 MW of local manufacturing capacity in China (G5X-850 kW and G9X-2.0 MW platforms). In 2011 Gamesa has completed the construction of its fifth and sixth plant in the country.
• The process of ndustrialisation in India that commenced in 2009 (200 MW in Chennai) advanced much faster than expected given the need to respond to strong demand growth, and assembly capacity was close to 500MW by year-end.Gamesa plans to expand its manufacturing capacity in this market in the coming years, following the announcement of an investment of more than 60 million euro through 2012 in the installation of three new production facilities: a blade plant, with initial capacity of 300 MW for the G5X-850 kW platform and for the G9X-2.0 MW platform in the future, and another two of nacelles and towers.
• In Brazil, Gamesa completed the construction of a nacelle assembly plant in the state of Bahia (300 MW) in the mid of 2011. Gamesa will use Brazil as an industrial and operations base from which to expand into other countries, such as Argentina, Chile and Uruguay, where the company has new wind projects planned in the coming years.

Benchmark in terms of Cost of Energy (CoE)

In its Business Plan 2011-2013, Gamesa proposes to become the industry benchmark in terms of Cost of Energy (CoE) on the basis of reliability, efficiency and availability of its portfolio of products, both present and future, enabling it to reduce CoE for customers by 20% in the next three years and by 30% in the next five.

Gamesa envisages a period of intensive investment to expand its worldwide operating capacity, launch new products and strengthen its technology lead, in both onshore and offshore wind power.

The company has launched an ambitious plan to develop three new onshore WTG product families and two new offshore platforms (G11X and G14X).

Gamesa will also increase engineering hours (to 1.5 million hours/year), double R&D staff by 2013 and open five new technology centres by the end of 2011 in Virginia (US) and Glasgow (UK), both focused on offshore, as well as India, Singapore (advanced materials research) and Brazil, to make a total of ten worldwide.