Gamesa plans to triple investment in Chinese wind market

Wind turbine manufacturer Gamesa plans to invest more than €90 million from 2010 to 2012 and has broken ground on its sixth manufacturing center in China in Inner Mongolia.

Wind turbine manufacturer Gamesa (Madrid, Spain) announced on Sept. 14 that it will triple its investment in China through 2012 to expand and adapt its manufacturing centers for the development of its new turbine systems.

Gamesa, which by 2009 had invested a total of €42 million on facilities in China, plans to invest more than €90 million from 2010 to 2012, bringing its cumulative investments to more than €130 million, to meet rising demand from the wind energy industry in the Asian country and to address local production needs, in the medium term, for its new G9X-2.0 MW, G10X-4.5 MW and offshore turbine systems.

Gamesa chairman Jorge Calvet stated that, "One of Gamesa’s goals is to cement its position as one of the top five players in the Chinese wind energy industry, to participate in the industry's growth and meet the needs of its customers as a manufacturer and operator of maintenance services and a developer of wind farms (along with local partners) in the regions with the greatest potential for the wind energy business."

Gamesa's forecasts indicate that in 2011, the Chinese market will account for more than 30 percent of the total wind energy sold (vs. 15 percent in 2009), which will entail nearly doubling sales in China within two years – between 800 MW and 1,000 MW – according to the latest forecasts the company has issued for total sales in 2011.

Gamesa’s also announced that the company has broken ground on its sixth manufacturing center in China, in the province of Inner Mongolia, one of China's leading hubs for wind energy development. The factory is designed for the assembly of nacelles for the G8X-2 MW turbine model, and will have annual production capacity of 500 MW. The plant is set to begin operating in 2011.

This news comes four months after Gamesa celebrated the groundbreaking of its fifth manufacturing plant in China (equipped with annual production capacity of 500 MW of G8X-2 MW wind turbines) in the city of Da’an, in Jilin Province (in northwest China), a region boasting one of the richest wind energy resources in China. When Jilin and Inner Mongolia come online in 2011, Gamesa's production capacity in China will total 1,500 MW per year. 

Gamesa also operates as a wind farm developer in China. As of June 2010, Gamesa had a wind farm project pipeline in China totalling 2,675 MW at varying stages of development, but this figure has climbed to 3,185 MW in the past two months.