Siemens Gamesa refutes tightened price squeeze
Despite the lowest wind turbine prices ever, the company maintains optimism. An annual price reduction of up to 5 percent is a stabilization for us, says CFO.
Following several quarters with increasing prices for Siemens Gamesa's wind turbines, prices slid once again in the latest quarter – and rapidly. The average sale price (ASP) declined 11.8 percent per sold MW to only EUR 0.67 million per MW – clouding out the otherwise fine results for the first three months of 2019.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Siemens Gamesa's price per MW hits new record low
For subscribers
Siemens Gamesa gets credit rating upgrade
For subscribers
