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December 29, 2021updated 04 Mar 2022 10:40am

Siemens Gamesa signs 1.9GW wind turbine deals with Iberdrola

The scope of work includes design modifications as well as improvements to the maintained fleet.

Spanish energy company Iberdrola has partnered with Siemens Gamesa on service contracts for 1,928MW of wind power projects in Spain and Portugal.

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Wind Power Market seeing increased risk and disruption

The wind power market has grown at a CAGR of 14% between 2010 and 2021 to reach 830 GW by end of 2021. This has largely been possible due to favourable government policies that have provided incentives to the sector. This has led to an increase in the share of wind in the capacity mix, going from a miniscule 4% in 2010 to 10% in 2021. This is further set to rise to 15% by 2030. However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. In light of this, GlobalData has identified which countries are expected to add the majority of wind power capacity out to 2030. Get ahead and download this whitepaper for more details on the current state of the Wind Power Market.
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The contracts cover service on turbines of 69 wind projects which have outputs between 660kW and 3.465MW, for three to five years.

The scope of the agreement includes design modifications and improvements to the maintained fleet to help boost energy production.

A total of 1,963 Siemens Gamesa wind turbines are covered under the agreements. It includes the G5X (850kW), G4X (660kW unit power), G8/9X (2.0MW), Siemens Gamesa 2.X (SG 2.1-114 y SG 2.6-114) and Siemens Gamesa 3.X (SG 3.4-132) platforms.

The agreements, which include renewed and new contracts, would involve around 160 employees to maintain the wind farms.

Siemens Gamesa said that the new contracts will consolidate its position as the main operation and maintenance services provider for Iberdrola in the region.

Siemens Gamesa Service Southern Europe and Africa CEO John Paul Larrañeta said: “With these agreements, we will go beyond the usual maintenance tasks and offer solutions that the market is increasingly demanding, such as upgrading existing turbines to increase energy production while optimizing the cost of operations and maintenance.”

The firm expects the maintenance services for these types of turbines to significantly maximise their efficiency while extending operational life.

In November this year, Iberdrola started construction on the 800MW Vineyard Wind I offshore wind farm in Barnstable County, Massachusetts in the US.

The project is expected to generate enough clean energy to power 400,000 households while creating 3,600 jobs.

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Free Report
img

Wind Power Market seeing increased risk and disruption

The wind power market has grown at a CAGR of 14% between 2010 and 2021 to reach 830 GW by end of 2021. This has largely been possible due to favourable government policies that have provided incentives to the sector. This has led to an increase in the share of wind in the capacity mix, going from a miniscule 4% in 2010 to 10% in 2021. This is further set to rise to 15% by 2030. However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. In light of this, GlobalData has identified which countries are expected to add the majority of wind power capacity out to 2030. Get ahead and download this whitepaper for more details on the current state of the Wind Power Market.
by GlobalData
Enter your details here to receive your free Report.

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