However, with Chinese offshore on the cusp of taking off, it’s less clear how a merger would affect Gamesa’s plans via its Adwen venture with Areva.
The two companies are in talks over a possible wind power merger, with Siemens reportedly set to be the largest shareholder in any arrangement.
In India, Gamesa is the largest turbine supplier, with 23% of the market in 2014 and nearly 1GW installed last year.
Siemens,
