29 Jul '15, 4pm

Sales boost Gamesa revenues in H1: SPAIN: A strong growth of sales in India and Latin America have helped Game...

In the first six months of the year, pre-tax profits for the Spanish manufacturer increased 64.4% to €136 million against the same period of 2014. Gamesa achieved over 1.48GW of sales in the first of half the year — an increase of 24.9% year on year — thanks to strong activity in India and Latin America, which together provided 45% of the total. Europe and the US contributed 38% of sales and activity in China increased to 17%. One of its largest orders received during the period was a 239MW deal from Iberdrola-subsidiary ScottishPower Renewables for the Kilgallioch project in the UK. Gamesa will supply 94 of its new G114 2.5MW and two G90 2MW medium wind turbines to go to the project in southern Scotland. According to Gamesa the project will be commissioned in Q1 2017. The firm said the growth is in line with guidance for 2015, which predicts final year revenues of approxi...

Full article: http://www.windpowermonthly.com/article/1358171/sales-boo...

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