Gamesa, a renewable energy provider based in India, announced it has set a new benchmark in Indian wind energy sector by commissioning 2050 MW of wind power for the financial year 2016 – 2017.
This is the first such achievement for a wind company in India, Gamesa said. So far, the company has installed over 4800 MW across seven states in India.
“This is a very important milestone for our young organization. With this achievement, we have once again highlighted our commitment to this market and the potential it offers,” said Ramesh Kymal, chairman and managing director, Gamesa India.
Gamesa India has projects across all the seven wind rich states of India and operates two nacelle manufacturing facilities near Chennai, Tamil Nadu and a blade manufacturing plant in Halol, Gujarat, An integrated manufacturing facility in Nellore, Andhra Pradesh. The company has also invested in joint Venture for Tower manufacturing at Halol, Gujarat.
The merger between Gamesa and Siemens Wind Power became effective on 3rd April 2017. United, Siemens wind power and Gamesa create a leader in the wind power market with presence in more than 90 countries and have 75 GW of installed capacity worldwide.
In recent years, India has emerged as one of the most promising wind power markets: new capacity is expected to increase in more than 30,000 MW from 2016 to 2025, driven by huge pent-up demand for electricity, according to sector consultancy MAKE’S estimates.
According to MAKE, Gamesa ended 2016 as the leading OEM in the country with a market share of 39 percent in 2016, compared to 34 percent in 2015 and 25 percent in 2014, when it also was the market leader.