Siemens has unveiled a plan to invest €200m to build offshore wind turbine component manufacturing facility in Cuxhaven, Germany.
Spread across 170,000m2, the facility will make nacelles for the company’s wind turbines.
The facility will assemble generators, hubs and nacelle back-ends, which are connected to make the complete nacelles.
Nacelles act as core of the company’s offshore wind turbines which is used in the offshore farms with each having power generation capacity of 7MW.
Construction work on the production factory is scheduled to commence later this year with first production slated to commence in mid-2017.
Siemens Wind Power and Renewables Division CEO Markus Tacke said: "We’re looking forward to building at this factory the most efficient and reliable ‘Made in Germany’ wind turbines.
"The new factory will also make an important contribution toward helping us reach our goal of making wind power competitive."
The plant will be built at Cuxhaven harbor to facilitate shipping of heavy components directly onto transportation vessels. The facility will generate up to 1,000 jobs.
According to the Renewable UK industry association’s study the offshore wind power costs have dropped by 11% over the last five years.
Siemens is also developing a facility in Hull, UK, to manufacture rotor blades for its 6MW and 7MW class wind turbines. The plant is scheduled to be commissioned in 2017.
Siemens president and CEO Joe Kaeser said: "The expansion of offshore wind power capacity in Germany and Europe represents an enormous opportunity for northern Germany and Siemens."