Gamesa has secured a new order in India from ReNew Power, one of India's independent power producers (IPP), for the EPC construction of a 50MW wind farm located in Bijapur, in the state of Karnataka.
The agreement signed with ReNew Power encompasses the installation of 25 G114-2.0 MW class S turbines. With a tower height of 106 metres, this new turbine variant is custom-designed for the low wind speed sites typical of India.
Since it is a turnkey contract, Gamesa will also provide the infrastructure needed to install and operate the facility. The wind farm's commissioning is scheduled for March 2017.
This new contract strengthens Gamesa's relationship with ReNew Power, with which it has already signed firm orders for the supply of close to 300 MW.
Gamesa in India
Gamesa has been present in India since 2009, where it has installed more than 3,300 MW. The company has consolidated its position as the leading OEM in India for the third year running, further increasing the gap with respect to the number-two player, lifting its market share from 25% in 2014 to 34% in 2015, according to the report recently released by MAKE Consultancy.
As for the market's potential, MAKE is forecasting 30 GW of new wind power capacity additions in this market by 2025, driven the country's growing energy requirement.
In the first half of 2016, India accounted for 30% of Gamesa's total sales volume.