Wind Turbine R&D Funding for Gamesa

Press Release
Friday, November 30, 2012

Gamesa raises €260-million in funding from European Investment Bank for its on & offshore wind turbine R&D+I investment programme.

The funding will be used:

  • To conduct innovation activities in the next three years (2013-2015)
  • Gamesa’s 2013-2015 Business Plan calls for the launch of two new wind turbine systems with capacity of 2.5 MW and 5.5 MW (the latter for use both onshore and offshore) to meet demand and continue to offer competitive tech solutions

The EIB project will support Gamesa's R&D+I programme, which is devoted to the design and development of turbine platforms, both onshore and offshore. These emerging platforms are intended to offer greater capacity and constantly improving Cost of Energy (CoE).

The funds will help finance Gamesa's R&D activities in the next three years (2013-2015). The loan is scheduled to be paid off in a single payment in six years' time (2018).

This initiative will support the development of state-of-the-art renewable energy technologies and help bolster Gamesa products' innovative capabilities while enhancing their competitive edge. This is the third R&D+I loan the EIB has signed with Gamesa in the last eight years.

"Innovation in the wind energy industry remains essential for the development of more competitive products and services tailored for an increasingly demanding market. This loan deal with the EIB, with its preferential terms, will enable us to undertake our ambitious product plan and meet our communities' present and future needs with cutting-edge technological developments," said Gamesa Chairman and Chief Executive Officer Ignacio Martín.
 

Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Newport News Shipbuilding Hosts Sen. Inhofe

Huntington Ingalls Industries (HII) today hosted Sen. James M. Inhofe, R-Okla., for a tour of the company's Newport News Shipbuilding division.   The senator,

Hempel CEO Jullien Plans Retirement

Pierre-Yves Jullien, CEO of Hempel A/S since 2005, has decided to retire after nearly 40 years in the Group. He will step down from his role as CEO on March 31, 2016 at the latest.

DNV GL Launches Singapore Service Center

DNV GL's new Singapore Service Center (SSC) will streamline customer support and enhance customers’ experiences by giving them a single point of contact for all operational issues.

Offshore

Italian Navy Takes Back Fishing Boat Seized Near Libya

The Italian navy took back control on Friday of a Sicilian fishing boat that had been seized overnight by unknown assailants near the Libyan coast, the defence ministry said.

Steelhead Introduces a New Yacht Crane

Steelhead Marine, a North American crane manufacturer, has expanded its product offering with the launch of the new E Series 1000 crane. Suited for commercial and recreational vessels,

SEACOR Marine Sweeps NOIA SIS Awards

The National Ocean Industries Association (NOIA) today presented SEACOR Marine with the 2015 NOIA Safety in Seas (SIS) Culture of Safety Award and Safety Practice Award.

Finance

Baltic Index Perks up on Increased Rates for Bigger Vessels

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged higher on Thursday as rates for bigger vessels rose.

Tanker Lifts One Million Barrels of Crude at Hariga

A tanker left Libya's eastern oil port of Hariga after lifting one million barrels of crude, an oil official said on Thursday. No new tanker was expected in the next few days,

Georgia Port Increases Container Traffic

The Georgia Ports Authority increased containerized cargo in March by 27.8 percent compared to the same month a year ago, for an additional 72,499 20-foot equivalent container units (TEUs).

Wind Power

CWind Orders Four Crew Transfer Vessels

CWind, a provider of services to the offshore wind industry, has placed an order for four new crew transfer vessels from Aluminium Marine Consultants (AMC), a shipbuilding

Fugro Expertise for Wind Farm Developers in Netherlands

Fugro has been contracted by the Netherlands Enterprise Agency, part of the Ministry of Economic Affairs, to execute the geotechnical site investigation and

Aeolus Installs First Luchterduinen Turbine

The construction of the new offshore wind farm Luchterduinen entered its final and most noticeable phase yesterday, with the installation of the first wind

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Offshore Oil Port Authority Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1476 sec (7 req/sec)