You are here

Gamesa earns top spots as wind power OEM in India, Mexico and Brazil

Spanish company Gamesa announces firm was 2013 leading original equipment manufacturer in wind energy growth markets India and Mexico and second top player in Brazil

Wind turbine
Gamesa said its place in India, Mexico and Brazil reinforces its position in the world's fastest-growing wind energy markets

Spanish firm Gamesa has announced it ended 2013 as a leading wind turbine OEM (original equipment manufacturer) in BRIC countries Brazil and India and growth market Mexico. The Spanish wind power manufacturer was the leading turbine OEM in India and Mexico by market share and the number two player in Brazil. This reinforces Gamesa’s position in the world's fastest-growing wind energy markets, the company has said.

According to the most recent wind power report by BTM Consult, Gamesa ended 2013 as leader in Mexico, accounting for over 73 per cent of wind capacity installed during the year. It also topped the ranks of OEMs in India, outperforming local wind turbine manufacturer Suzlon for the first time, having garnered a share of 19 per cent.

Gamesa also installed more than 450MW of wind power capacity in Brazil in 2013, which earned the company the number two spot on the ranking in this market, with a share of 20 per cent. According to BTM, installed wind capacity in Brazil, Mexico and India on aggregate is set to grow at an annual rate of over 10 per cent during the next four years.

Gamesa said: “The Latin American and Indian markets have emerged as our core growth engines in recent years. In 2013, these markets accounted for over 70 per cent of the turbines sold by the company (in terms of capacity). These figures are further evidence the company's gradual international expansion in recent years of which sales outside Spain have gone from accounting for just 5% of the total in 2000 to virtually 100% in 2013.”

Gamesa's experience developing and selling wind farms has proven crucial to giving it a benchmark position in the self-supply segment, which is very important in both Mexico and India, the company said.

In Brazil, another of the company's strategic markets, Gamesa has signed orders for 1,394MW since the beginning of its operations in the BRIC country. Cumulative installed wind capacity in Brazil stands at close to 4,000MW, with 1,757MW installed in 2013.

Gamesa said: “The sector's rapid development in these countries has been boosted by wind's competitiveness as an energy source thanks to high wind resources, coupled with growing demand for electricity and the need to diversify their energy mixes. Underpinned by deep knowledge of the local markets, thanks to its regional teams, as well as the strength of its supply chain and manufacturing presence in these markets, Gamesa has been able to tap the growth opportunities that have arisen in these countries.”