Gamesa/GE strengthen Position in Market

Spanish wind turbine manufacturer Gamesa earmarked an investment of over €90 million in China from 2010-2012 in order to reinforce its manufacturing capacities in the country. The company already has four wind turbine components plants with a 3.18 GW project in pipeline. Now it plans to bring two more factories on stream where it is targeting a production capacity of 1.5 GW of turbines per year in 2011. In sync with its expansion plans, Gamesa also bagged an order to supply 1.32 GW of turbines for wind power projects being developed by Chinese companies Guangdong Nuclear Wind and Datang Renewable Power from 2010-2013.

At the same time, American company GE signed a joint venture with HEC, a subsidiary of the power plant equipment giant Harbin Power Equipment, under which the new company will manufacture GE-designed wind turbines for near-shore and offshore applications in China. GE will hold 49 per cent of the stake and 51 per cent will belong to HEC. The duo will also work to develop wind turbines for offshore projects in China using direct drive technology.

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