Published on August 7th, 2014 | by Joshua S Hill3
Gamesa Reach 30 GW Capacity Milestone
August 7th, 2014 by Joshua S Hill
Gamesa, one of the world’s largest wind energy companies, has announced that it has installed a total of 30 GW worth of wind power with the completion of one of the eight turbines being installed at the Tornio wind farm in Finland.
Gamesa has regularly been in the news for new installations and acquisitions, and it is suitably proud of its most recent milestone achievement. According to the press release announcing the news, the 30 GW worth of Gamesa wind turbines are producing enough energy to supply more than 18 million European households and preventing 45 million tonnes of carbon dioxide emissions each year.
Installations have taken place all over the planet. Gamesa has the most installed in its hometown of Spain, with over 12 GW, and installations all the way down to countries including Kenya, the Philippines, Maurtania, Ecuador, and Uruguay.
Late last month Gamesa added two new Brazilian wind projects worth 214 MW to its order pipeline, to be installed at the Xique-Xique II complex in Bahia.
Gamesa announced a super first quarter in their earnings report earlier this year, earning a net profit of €17 million in 2014′Q1, a figure almost three times as much as they had earned in the same quarter a year earlier.
When second quarter earnings are revealed for wind companies like Gamesa, it is going to be interesting to see how these recent milestones are going to affect them, especially in light of the suffering solar industry.
Keep up to date with all the hottest cleantech news by subscribing to our (free) cleantech newsletter, or keep an eye on sector-specific news by getting our (also free) solar energy newsletter, electric vehicle newsletter, or wind energy newsletter.