GlobalData: French Duo to Strengthen Siemens Gamesa Top Position

Siemens Gamesa will solidify its leading position in offshore wind after replacing GE on two projects Eolien Maritime France (EMF) is developing in France, according to GlobalData.

As reported, Siemens Gamesa signed a framework agreement with EMF for the supply and service of turbines for two of EMF’s three French offshore wind projects after GE terminated its supplier status.

Both projects will feature SWT-7.0-154 DD turbines, instead of GE HaliadeTM 150-6MW, making a total capacity of approximately 1GW.

“SGRE was a logical replacement because it had already partnered with large developers such as EDF, Ørsted for the supply of turbines and has a proven track record in the European offshore industry,” said Ankit Mathur, Practice Head of Power at GlobalData.

“SGRE will stand to benefit from this supply agreement as it will solidify their position as leader in the offshore wind segment and will also help arrest their declining wind offshore order book.”

According to Mathur, Siemens Gamesa is anticipating a growth of more than 27% annually for offshore wind by 2025, which will be largely fueled by new markets including Taiwan and the U.S.

The French agreement will also provide the company with opportunities to garner additional projects in Europe and globally, Mathur concluded.

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