Gamesa targets growth in new sectors via tech-transfer

The strategy is based on transferring technologies developed for Gamesa's range of wind turbines

Gamesa

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By Darius Snieckus Bristol

 Wednesday, October 03 2012

Updated: Sunday, November 25 2012

Spanish wind-power giant Gamesa is planning to push deeper into a range of other industries through its Gamesa Electric business unit.

The strategy, based on transferring technologies developed for the company’s range of wind turbines, is intended to beef up sales in “non-wind” sectors including hydropower, PV and marine energy from current levels of 25% of the subsidiary’s €100m ($129m) annual revenue to as high as 40% in 2013

Gamesa Electric managing director Juan Barandiarán says: “There are many synergies between these sectors and many similarities between the various electrical components. There are many examples of cross-market influence.”

“This process has enabled us to make the qualitative leap forward in our technical and manufacturing Log in to read complete article.

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