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GAMESA Bets Big On India, Forays Into Solar

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Gamesa has announced its strategic entry into solar market with a 10 MW order to be commissioned by September 2015.

Gamesa’s 2015-2017 Business Plan includes the analysis of complementary areas with itsonshore wind business, such as solar and offgrid, to explore opportunities in this sectors that offer a high level of synergy with the wind business and that would add value to Gamesa’s business beyond 2018. 

The Company will offer Solar EPC solutions for MW Scale Solar PV, Roof-Top PV projects and Rural/Micro-Grid Projects besides continuing to expand its Inverter Solutions.

“Today, as a nation we have harnessed only 3.8 GW of solar power when we actually have tremendous opportunity to harness what is remaining of the 750 GW the country has to offer. We are globally renowned for our expertise and technical prowess in harnessing both sun and wind, and hence our foray into solar has been a very carefully thought out one that will be carried out even more meticulously. We were certain we wanted to gain our customers trust through our ability to cater to domestic demands and innovate locally before exploring new avenues of business. With a strong backing of skilled workforce and unparalleled O&M service network. ” said Mr. Ramesh Kymal, Chairman and Managing Director, Gamesa India.

The No.1 player in wind turbine manufacturing with a market share of 32 per cent last yearaccording to BTM, Gamesa India has set itself a target of 1000 MW in fiscal year 2016. The company has a good order coverage as on date & is confident of reaching this target.

With an aim to consolidate its market & technology leadership, Gamesa India has commissioned its globally acknowledged turbine, the G114-2.0MW at Tagguppatti site in AP. A member of the 2.0 MW platform & tailor-made for low wind speed sites,theG114 consists of longer blades & taller towers, thereby increasing the efficiency. With a rotor spanning 114 metres, the G114’s rotor swept area is 38% greater than that of the current G97-2.0 MW, while it produces 20% more energy. The turbine is also suited for Indian Conditions such Grid Volatility, High temperature & dusty environments.

“I believe that innovation is the key to growth- be it business innovation or product/service innovation. The launch of our new G114 variant testifies our relentless efforts in reducing the cost of energy. Undoubtedly, this model will play a crucial role in making wind power an affordable and sustainable solution,”added Mr Kymal.

Over the past 12 years Gamesa has installed over 19,300 MW of the 2.0 MW platform, one of the most reliable turbines in the market, in 34 countries. In November last year, Gamesa India inaugurated the expanded nacelle facility in Mamandur, close to Chennai, in India which will mainly be used to produce the nacelles for G114-2.0 MW turbine model.

Business | News published on 07 / 07 / 2015 by Rashmi Nargundkar

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