Siemens Gamesa wants to maintain offshore wind dominance

The offshore wind market is still dominated by the German-Spanish OEM, and Group CEO Andreas Nauen says the group has no mind to lose its market leader title despite Vestas and GE upgrading.
Photo: Siemens Gamesa
Photo: Siemens Gamesa
BY RITZAU FINANS

Siemens Gamesa means to maintain its role as the global market leader in manufacturing offshore wind turbines – a domain facing newly invigorated competition from both Vestas and GE Renewable Energy, reports Danish business daily Børsen.

The German-Spanish OEM currently dominates the market for offshore wind turbine supply, and Siemens Gamesa Group Chief Executive Andreas Nauen says the company has no intention of giving up its title of global market leader, even though Vestas and GE have recently upgraded their offerings.

"We know what we're doing. We have a leading technology, a fine track record and plenty of volume. We can thereby also increase volumes," the CEO tells the media.

Siemens Gamesa sits on roughly 60 percent of the offshore wind turbine supply market, but the company could face difficulty in maintaining such a large position as the industry stands to grow while rivalry stiffens.

"I'm not certain we can maintain a 60-percent market share, but we're aiming for at least 50 percent," Nauen says.

Project developers are expected to participate in a record number of offshore wind tenders, which entail supplier nominations for lucrative contracts.

Vestas CEO Henrik Andersen has declined an interview with Børsen, however, back in February he revealed the company's ambitions to take the market lead. Andersen didn't mention a specific market share, though.

Friday last week, Vestas took a stride toward that end by taking in an order for its forthcoming offshore wind turbine of 15MW when utility EnBW nominated the Danish company as preferred supplier for a project in German waters.

English Edit: Daniel Frank Christensen

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