Siemens Gamesa Shut Down its Factory in Spain

Wind Industry Profile of

This plant is specialized in small turbine models mainly for the domestic market. The company will start a collective dismissal agreement for up to 239 employees / Siemens Gamesa to focus on next generation of larger and more powerful wind turbines to succeed in global markets amid strong competition and margin pressure, made worse by the COVID-19 outbreak / Navarre will remain a key global engineering hub for the development and testing of wind turbines for Siemens Gamesa

Siemens Gamesa needs to adapt to the challenging market conditions of the wind industry, characterized by strong competition and price pressures that have deteriorated the margins of wind turbine manufacturers. To succeed in that environment and increase the competitiveness of its onshore business, the... ... More: Official Press Release Siemens Gamesa Renewable Energy

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Siemens Gamesa, turbine, Aoiz, Navarre, clean energy, turbine model, competitiveness, Spain, competition, market, plant, strategy, blade