Reading Time: 3 minutes
Siemens Gamesa signed its first contract in Spain with Turkish energy investor Kinesis Enerji for the 50 MW windfarm in the north. of Spain. The wind farm will have ten SG 5.0 -145 turbines. It is expected to be commissioned by the end of 2024. The turbines will be maintained for 25 years.
This wind farm will generate enough energy to power nearly 40,000 homes and prevent the emission of 132,000 tonnes of CO2 per year. That’s equivalent to the emissions from close to 80,000 cars. This CO2 reduction would require the planting of 5.7 million trees.
Siemens Gamesa will consolidate its leadership position in Spain with the agreement. Siemens Gamesa currently has approximately 15 GW of installed wind power, 53% of Spain’s total wind energy, and this amount is expected to rise to 28.1 GW by 2021, according to the Spanish Wind Energy Association (AEE).
“It’s great to have signed the contract with Kinesis Enerji. It is the first in Spain and the second worldwide. This will strengthen our relationship, and hopefully trigger many more. Siemens Gamesa Spain has added capacity with the wind farm. We have already signed four contracts totaling over 200 MW in the quarter. This will increase the 15 GW of Spain’s existing capacity and consolidate our leadership,” Javier Fernandez-Combarro, managing director at Siemens Gamesa Spain, stated.
“We are pleased to have reached another significant milestone. This was also a major step towards realizing our first Spanish project, which we purchased in 2019. It was successfully brought to ready-to-build status. This project is more than an investment for our company. It will also be an asset to Spanish households. They will have clean energy at an affordable price and less dependence on imported fossil fuels. This hot topic needs to be addressed quickly and efficiently due to rising concerns about the global energy market. After the successful partnership we had with Siemens Gamesa for our investment in Turkey, this agreement is our second. Siemens Gamesa has been a trusted partner of ours for many years, and this cooperation will also help to strengthen our strong relationship,” said Hasan Inaloglu (Chairman and CEO of Kinesis Enerji).
The construction of the wind farm will increase the activity at Siemens Gamesa’s Spanish plants. While the 10 nacelles will be assembled at the Agreda plant (Soria), the gearboxes will be produced in factories in Asteasu (Guipuzcoa), Lerma (Burgos) and the city of Burgos and electrical components will be manufactured at the factories at Reinosa, (Cantabria), San Fernando de Henares (Madrid) and Benisano (Valencia).
The new project will also boost the activity of Siemens Gamesa’s Spanish suppliers. They will be involved with the production of various components. Siemens Gamesa made EUR 1,115 million in purchases from Spanish companies in 2021.
Spain has one of the highest expected rates of renewable energy growth. The government has set a 2030 goal to reach 42% of the final energy use from renewables. This is up from 20% in 2020. By 2050, the share of renewable energy will be 74% and 100%, respectively. The government has plans to create new auctions for renewable energy in Spain in order to meet the growth in renewables. An estimated allocation of 20GW will be available by 2025. Half of this will come from wind energy.
This order was signed in Q3 of fiscal year 2022 (April-June).