Siemens Gamesa Renewable Energy
- Company typePrivate
- Founded2017
- HeadquartersZamudio, Spain
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
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.
Siemens Gamesa Renewable Energy firmographics
Firmographics- 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
Siemens Gamesa Renewable Energy industry classification
Industry- 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
Where Siemens Gamesa Renewable Energy is headquartered
LocationHeadquarters
- HQ city
- Zamudio
- HQ country
- Spain
- HQ region
- Europe
Offices7 records
Markets served
Siemens Gamesa Renewable Energy business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- 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.
- 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.
- Project-Specific Service Agreements: Customized offshore service offerings including 10-year maintenance contracts with provisions for vessel deployment and extensions
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | B2B enterprise pricing - project-specific quotations |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Siemens Gamesa Renewable Energy product offering
Product offeringCore 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
Companies that use Siemens Gamesa Renewable Energy
Customer profileNamed customers9 records
Segments4 records
Ideal customer profiles3 records
Siemens Gamesa Renewable Energy technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature7 records
Siemens Gamesa Renewable Energy partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Haesong Offshore Wind Power (Copenhagen Infrastructure Partners)coreCapacity 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 EnerbilitycoreMemorandum 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 TowersminorAgreement 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 WindcarriercoreTen-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.
- RWEcoreMultiple 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.
- ØrstedcoreOngoing 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)corePartnership 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)minorContract 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
Siemens Gamesa Renewable Energy competitors and assessment
Company assessmentEmerging 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
Siemens Gamesa Renewable Energy social profiles
Digital presenceSiemens Gamesa Renewable Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Siemens Gamesa Renewable Energy leadership team
Management profileNumber of profiles
Profiles10 records
Siemens Gamesa Renewable Energy subsidiaries and ownership
Company hierarchySubsidiaries2 records
Siemens Gamesa Renewable Energy funding detail
Funding detailFunding overview
Funding rounds2 records
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Siemens Gamesa Renewable Energy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Siemens Gamesa Renewable Energy
What does Siemens Gamesa Renewable Energy do?
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.
Is Siemens Gamesa Renewable Energy a public or private company?
Siemens Gamesa Renewable Energy is a private company. It is classified as corporate owned and is currently operating.
When was Siemens Gamesa Renewable Energy founded?
Siemens Gamesa Renewable Energy was founded in 2017. It employs 5,001 to 10,000 people.
Where is Siemens Gamesa Renewable Energy based?
Siemens Gamesa Renewable Energy is headquartered in Zamudio, Spain, in the Europe region.
How does Siemens Gamesa Renewable Energy make money?
Three revenue lines are on record. Wind Turbine Sales (Onshore and Offshore) is the primary driver. The others are operation and Maintenance Services and project-Specific Service Agreements.
Who are Siemens Gamesa Renewable Energy's main competitors?
Emerging players on record are Envision Energy and Doosan Enerbility. Direct peers are Vestas Wind Systems, GE Vernova, Mingyang Smart Energy, Nordex, Goldwind and Enercon. Hitachi Energy (HVDC) is listed as a broad incumbent. Sif Group is listed as an others.
Does Siemens Gamesa Renewable Energy have an API?
No public API is recorded for Siemens Gamesa Renewable Energy.
What industry is Siemens Gamesa Renewable Energy in?
Siemens Gamesa Renewable Energy's product category is Wind Turbine Manufacturing. Its primary akta.pro industry code is EUAMACAC, Wind Turbine OEMs & System Integration (Nacelle/Generator/Controls), with a secondary code of EUAMACAI, Wind Component Service, Repair & Refurbishment (Blades, Gearboxes, Bearings). Its NAICS code is 333611 and its SIC code is 3510.