Siemens Gamesa Renewable Energy

What Siemens Gamesa Renewable Energy does

Siemens Gamesa Renewable Energy (SGRE) is a Spanish-domiciled wind turbine manufacturer and wind energy services provider, operating as a wholly-owned subsidiary of Siemens Energy AG since full integration was completed in June 2023. The company designs, manufactures, installs, and services a portfolio of onshore wind turbines (rated 2.6 MW to 7.0 MW, spanning geared DFIG and direct drive architectures) and offshore wind turbines (the direct drive SG 8.0-167 through the next-generation SG 15-236 platform with up to 15.5 MW capacity and 236m rotor diameter). Its core technology is the direct drive permanent magnet generator platform, augmented by proprietary innovations including IntegralBlade one-piece cast blades, RecyclableBlade (the world's first commercially deployable recyclable blade), GreenerTower low-carbon steel, OptimaFlex flexible power rating, High Wind Ride Through, and DinoTails noise reduction. The company maintains an installed base of 146 GW across more than 90 countries, with over 100 GW under long-term operation and maintenance service contracts, making it among the top five global wind turbine manufacturers and the leading offshore supplier ex-China.

The company sells exclusively through direct enterprise sales to utility-scale developers, utilities, and corporate PPA buyers, with pricing negotiated on a project-specific basis under multi-year contracts. Revenue is generated through three streams: hardware sales of turbine systems, recurring operation and maintenance services under long-term agreements (including a service franchise exceeding 100 GW), and customized project-specific service agreements for offshore deployments. Manufacturing is distributed across facilities in Denmark (Brande nacelle assembly), Germany (Cuxhaven, Bremerhaven), France (Le Havre blade production, with a €200M expansion inaugurated in June 2026), Spain (HQ at Zamudio), Taiwan (Taichung nacelle assembly for APAC), with localized assembly arrangements in Korea via the Doosan Enerbility MOU. Key customers include the world's largest offshore wind developers: Ørsted (Greater Changhua, Hornsea 3, Sunrise Wind), RWE (Thor, Kaskasi), Iberdrola/ScottishPower Renewables (East Anglia Hub, Saint-Brieuc), and Dominion Energy (Coastal Virginia Offshore Wind).

The company is pursuing a turnaround following a €1.36 billion operating loss in fiscal 2025 with a break-even target for fiscal 2026. It is refocusing on offshore wind through product platform industrialization (SG 14-222 and SG 15-236), manufacturing scale-up (Le Havre), geographic expansion into Korea and APAC, and divestiture of underperforming onshore assets (India/Sri Lanka divested to TPG-backed Vayona Energy in December 2025). The business carries high customer concentration risk across a small set of multi-gigawatt offshore developers and reported a £600,000 UK health and safety fine in May 2026 in connection with a 2024 workplace incident.

Name

Siemens Gamesa Renewable Energy

Legal name

Siemens Gamesa Renewable Energy, S.A.U.

Website

https://siemensgamesa.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Product category

Wind Turbine Manufacturing

NAICS

Turbine and Turbine Generator Set Units Manufacturing (333611), Engine, Turbine, and Power Transmission Equipment Manufacturing (3336)

SIC

Engines & Turbines (3510), Motors & Generators (3621)

akta.pro primary industry

Wind Turbine OEMs & System Integration (Nacelle/Generator/Controls) (EUAMACAC)

akta.pro secondary industries

Wind Component Service, Repair & Refurbishment (Blades, Gearboxes, Bearings) (EUAMACAI), Wind Operations, Maintenance & Asset Management (Scheduled/Unscheduled) (EUAMACAH), Wind Blades, Towers & Foundations Manufacturing (EUAMACAD), Advanced Wind Technology R&D (Floating Offshore, Airborne Wind, New Rotor/Blade Concepts) (EUAMAOAB), Wind Turbine Blade Recycling & Repurposing (Composite Processing) (EUAMALAC)

Keywords

• Wind turbine manufacturing
• Offshore wind energy
• Onshore wind turbines
• Wind farm services
• Direct drive turbines

Headquarters

HQ city

Zamudio

HQ country

Spain

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Wind Turbine Sales (Onshore and Offshore): Direct sale of wind turbine systems including SG 7.0-170, SG 5.0-145, and offshore platforms SG 15-236, SG 14-222, SG 11-200. Revenue generated from equipment supply to project developers and utilities.
2. Operation and Maintenance Services: Long-term service contracts covering maintenance, asset optimization, spares and repairs for wind turbines. Service portfolio includes flexible and customer-focused offerings with digital services for data-driven O&M. Over 100 GW under maintenance contracts.
3. Project-Specific Service Agreements: Customized offshore service offerings including 10-year maintenance contracts with provisions for vessel deployment and extensions

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Siemens Gamesa designs, manufactures, and supplies onshore and offshore wind turbine platforms ranging from 2.6 MW to 15 MW, including direct drive and geared drive technologies. The company also delivers long-term operation and maintenance services, spare parts, asset optimization, and digital diagnostics for wind farms across more than 90 countries. It complements its hardware with sustainability innovations such as recyclable blades and low-carbon steel towers.

Product overview

Siemens Gamesa Renewable Energy is a wind turbine manufacturer offering an integrated portfolio of onshore and offshore wind turbines plus comprehensive service solutions. The onshore portfolio spans seven turbine platforms (SG 2.6-114 through SG 7.0-170) with geared and direct drive technologies ranging from 2.6 MW to 7 MW capacity. The offshore portfolio includes the next-generation 14/15 MW direct drive platform (SG 8.0-167, SG 11-200, SG 14-222, SG 14-236, SG 15-236) with rotor diameters from 167m to 236m. Service offerings cover maintenance, asset optimization, and spares/repairs supporting over 91 GW of installed capacity globally. Sustainability products include RecyclableBlade (first commercially deployable recyclable blade), GreenerTower (low-carbon steel), and FOD4Wind (drone-based inspection technology). The company operates as a subsidiary of Siemens Energy, with manufacturing facilities in Germany, Denmark, France, Spain, Taiwan, and the US, serving customers in approximately 90 countries.

Differentiator

Problem solved

Functional benefit

Brands

• RecyclableBlade: Pioneering recyclable wind turbine blade technology using a specialized resin that enables composite materials to be recovered and recycled at end-of-life.
• GreenerTower
• IntegralBlade
• OptimaFlex
• DinoTails
• Power Boost

Products and services

• SG 15-236 Offshore Wind Turbine Offshore wind turbine with 15 MW nominal power, 236m rotor diameter, and direct drive permanent magnet generator technology. Designed for utility-scale offshore wind projects seeking the highest annual energy production per turbine.
• SG 14-222 Offshore Wind Turbine Offshore wind turbine with 14 MW nominal capacity, 222m rotor diameter, and 108m blades using direct drive technology. Targets large-scale offshore wind projects with a focus on cost-efficient, high-output power generation.
• SG 11-200 Offshore Wind Turbine Offshore wind turbine with 11 MW capacity, 200m rotor diameter, and 97m blades built on proven direct drive technology. Designed for utility-scale offshore wind farms.
• SG 8.0-167 Offshore Wind Turbine Offshore wind turbine with 8 MW nominal power and 167m rotor diameter using direct drive technology. Built for high-volume production with standardized manufacturing and supply chain.

Quantifiable outcome

• 30% AEP increase with SG 15-236 compared to SG 11-200
• +5 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature7 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Haesong Offshore Wind Power (Copenhagen Infrastructure Partners)coreStrategic or Co-development Partner · 11 May 2026Capacity reservation agreement for turbines for Haesong 1 and 3 offshore wind projects totaling 1 GW off Sinan, Jeollanam-do, South Korea. Turbines to be assembled domestically at Doosan Enerbility's plant. Builds on earlier trilateral MOU between the parties.
• Doosan EnerbilitycoreStrategic or Co-development Partner · 26 April 2026Memorandum of understanding to strengthen localization of Korea's offshore wind supply chain. Partnership combines Siemens Gamesa's turbine expertise with Doosan's domestic manufacturing capabilities for the Haesong 1 and 3 projects.
• Baltic TowersminorStrategic or Co-development Partner · 19 March 2026Agreement to supply towers for Baltica 2 offshore wind project in Poland. Project involves companies including Grupa PGE and Ørsted, expected to begin generating power in 2027.
• Fred Olsen WindcarriercoreImplementation/ SI/ Consulting Partner · 15 March 2026Ten-year service agreement for offshore wind operations and maintenance starting early 2028. Contract covers turbines up to 15 MW capacity with deployment of either Bold Tern or Brave Tern vessel with optional extensions.
• RWEcoreStrategic or Co-development PartnerMultiple offshore wind collaborations including Thor offshore wind farm (1.1 GW with 72 turbines featuring recyclable blades) and Kaskasi project (first commercial recyclable blade deployment). RWE is one of the world's largest offshore wind developers.
• ØrstedcoreStrategic or Co-development PartnerOngoing collaboration on multiple offshore wind projects including Greater Changhua 2b and 4 in Taiwan (920 MW, 66 turbines), Hornsea 3 in UK (2.9 GW), and Sunrise Wind in US (924 MW). Ørsted is the world's largest offshore wind developer.
• Iberdrola (ScottishPower Renewables)coreStrategic or Co-development PartnerPartnership on East Anglia Hub offshore wind complex (3.9+ GW) and Saint-Brieuc offshore wind farm in France (496 MW, 62 turbines). ScottishPower Renewables leads development of the East Anglia projects.
• Ilsenburg Grobblech GmbH (Salzgitter AG)minorStrategic or Co-development PartnerContract to supply 25,000 tonnes of heavy plate for offshore wind tower construction. Supports GreenerTower initiative with low-carbon steel for offshore wind projects including RWE's Thor wind farm.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Emerging players

• Envision Energy: Chinese OEM with growing offshore ambitions and smart wind/digital services focus, expanding from onshore dominance into offshore markets where SGRE competes.
• Doosan Enerbility: Korean heavy engineering company expanding into offshore wind turbine nacelle assembly; SGRE's joint venture partner in Korea and an emerging offshore peer in Asia-Pacific markets.

Direct peers

• Vestas Wind Systems: World's largest wind turbine manufacturer by installed capacity, offering both onshore and offshore turbines plus service. Direct competitor to Siemens Gamesa across the full wind value chain with comparable multi-GW project references.
• GE Vernova: GE's standalone energy business after spin-off covering onshore, offshore, and grid solutions. Closely competes with Siemens Gamesa on offshore wind (Haliade-X) and shares the same US and European utility-scale customer base.
• Mingyang Smart Energy: Chinese wind turbine OEM rapidly expanding in offshore with the MySE series, directly challenging SGRE in offshore tenders globally and leading the cost-down competitive wave.
• Nordex: German wind turbine manufacturer focused on onshore wind with comparable European customer base, geared and direct drive technologies, and service business — direct overlap with SGRE's onshore portfolio.
• Goldwind: China's largest wind turbine manufacturer with growing offshore presence and permanent magnet direct drive technology, overlapping with SGRE's product architecture and increasingly competing in international markets.
• Enercon: German-based direct drive wind turbine manufacturer focused on onshore wind. Comparable technology approach (direct drive) and European customer base, though no offshore product.

Broad incumbents

• Hitachi Energy (HVDC): Supplier of HVDC transmission systems critical for connecting offshore wind farms to grid. Adjacent incumbent in the offshore wind value chain that captures infrastructure spending complementary to SGRE turbines.

Others

• Sif Group: European manufacturer of monopiles and offshore wind foundations. Adjacent supplier in the offshore wind value chain serving the same developer customers (Ørsted, RWE, etc.) as Siemens Gamesa.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/SiemensGamesa
• LinkedInlinkedin.com/company/siemensgamesa
• Xx.com/siemensgamesa

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Siemens Gamesa Renewable Energy