April 8, 2019
Gamesa started its first Indian manufacturing in 2008, expanding into the country’s solar sector in 2015
It runs two blade plants in Andhra Pradesh and Gujarat, a nacelle plant and support centre in Tamil Nadu
As of March 2019, 21% of India’s total electricity generation capacity of around 350 GW was renewable
The global wind energy market is anticipated to grow at an annual rate of 2.7 per cent over 2019 to 2023
Siemens Gamesa Renewable Energy SA, a Spanish manufacturer of wind turbines, has started exporting wind energy equipment it builds in India, according to a report by the Hindu Business Line on April 8, citing Markus Tacke, the chief executive officer of Siemens Gamesa. Gamesa had opened its first Indian factory in 2008, expanding into the country’s solar sector in 2015. The company currently runs two blade plants in Nellore (Andhra Pradesh), and Halol (Gujarat), a nacelle plant at Mamandur (Tamil Nadu) and an operations and maintenance centre in Red Hills (Tamil Nadu). Siemens Gamesa said that the export volume was at a nascent stage, with consignments of blades going to markets such as the Americas.
The company is also exporting its 145 motors that produce 4.5 MW of power from a wind turbine with a 145 meter rotor diameter. Mr Tacke said that current global trade uncertainty has offered manufacturing opportunities to India. The trade has also been boosted by technological and economic advantages of wind energy as well as the high-margin research, development and manufacturing available in India. The global wind energy market is anticipated to grow at an annual rate of 2.7 per cent over 2019 to 2023, as per the Global Wind Energy Council’s 2018 report. As a result, global wind energy installations is seen to be touching 58.7 GW by 2023, from 51.3 GW in 2018. Offshore generation has expanded this market.
India has come up as a critical market for installation of new renewable energy projects globally, drawing demand for equipment and services. As of March 2019, more than 21 per cent of India’s total electricity generation capacity of around 350 GW was represented by renewable resources. With renewable energy making steady inroads at both utility and residential levels, the renewable energy space has seen steady growth in investment and innovation. India is already ahead of schedule in its target to set up additional renewable capacity of 175 GW by 2022, this includes 100 GW of solar and 60 GW of wind capacity. When online, this will help India move 40 per cent of its power generation capacity to clean sources by 2030.