Latest news with #SiemensGamesa
Malay Mail
6 days ago
- Business
- Malay Mail
Skyborn confirms Siemens Gamesa turbine supply and service agreement for Gennaker project
Agreements with Siemens Gamesa aim to ensure supply of the Gennaker offshore wind farm with 63 SG 14-236 wind turbines and their long-term maintenance. Gennaker will add up to 976.5 MW to Germany's renewables capacity*. From the left: Michael Prutsch (Skyborn - Gennaker Project Director), Patrick Lammers (Skyborn - CEO), Marc Becker (Siemens Gamesa – Senior Vice President for Offshore) and Mogens Jakobsen (Siemens Gamesa – Head of Sales). HAMBURG, GERMANY - EQS Newswire - 18 July 2025 - Skyborn Renewables (Skyborn) is delighted to confirm execution of the Turbine Supply Agreement (TSA) and the Offshore Long Term Program Service Agreement (LTPSA), with Siemens Gamesa for the provision of 63 SG 14-236**wind turbines and their long term service. Both agreements are based on the Master Supply Agreement signed by Skyborn and Siemens Gamesa in June 2024 . The agreements are conditional and subject to conditions precedent, including a notice to proceed from Skyborn. Installation at sea is set to begin in early agreements strengthen the long-term partnership between the two companies and upgrade the wind turbine technology for Gennaker to signature took place in Hamburg in presence of Patrick Lammers (Skyborn - CEO), Michael Prutsch (Skyborn - Gennaker Project Director), Marc Becker (Siemens Gamesa – Senior Vice President for Offshore) and Mogens Jakobsen (Siemens Gamesa – Head of Sales)."We are thrilled to see the Turbine Supply Agreement and the long-term service agreement with Siemens Gamesa coming to completion. It is another step towards Gennaker's commissioning. Siemens Gamesa is a partner of choice for offshore wind turbines and we are delighted to be partnering with them again. Gennaker our blue-print project, is the showcase of our end-to-end delivery capabilities, with standardized process to bring new offshore wind projects to life every 12 to 18 months." explains Patrick Lammers, Skyborn CEO. "Gennaker, as the largest offshore wind farm in the German Baltic Sea, will contribute to Germany's climate goals by boosting renewable energy production in the electrical mix." Lammers Becker, Senior Vice President of Siemens Gamesa for Offshore adds: "We have successfully partnered with Skyborn on four offshore wind projects across France, Taiwan, and Germany. With Gennaker, our joint portfolio will surpass 3 GW of clean energy capacity. As the project moves toward final investment decision, we stand ready to deliver our SG 14-236 workhorse turbine, already backed by a robust order book exceeding 16 GW."With a capacity of up to 976.5 MW, Gennaker is to become the largest offshore wind farm in the German Baltic Sea to date. Located approximately 15 kilometers north of the Fischland-Darß-Zingst peninsula, the project area sits within a designated priority zone for offshore wind energy in the Mecklenburg-Western Pomerania coastal sea. Skyborn secured the initial building permit for the Gennaker site in May 2019 and maintains site exclusivity for development. Once commissioned, the project will supply approximately 1 million people with green electricity. Gennaker is planned to be commissioned in #skyborn The issuer is solely responsible for the content of this announcement. About Skyborn Renewables Skyborn is an accomplished offshore wind developer and operator with more than 20 years' experience, headquartered in Germany. The company's capabilities cover the entire offshore wind value chain, including greenfield development, project engineering and design, procurement, financing, corporate power purchase agreements, construction management and asset management. Skyborn is a portfolio company of New York based Global Infrastructure Partners (GIP), a leading infrastructure investor and part of Blackrock. For more information, visit: Follow us on LinkedIn:
Yahoo
26-06-2025
- Automotive
- Yahoo
Siemens Gamesa, Chinese magnet suppliers discuss European production, COO says
By Christoph Steitz ERLANGEN, Germany (Reuters) -Wind turbine maker Siemens Gamesa is in talks with Chinese suppliers of rare earth permanent magnets about the possibility of bringing production to Europe, in a bid to cut the region's reliance on imports after curbs on supplies from China. Delays in Chinese rare earth export permits have caused European car makers and their suppliers to scramble for alternatives in a market that is dominated by the world's No. 2 economy, threatening production stops across the continent. The wind sector also depends on rare earths processed in China, most notably neodymium, which is used in permanent magnets - a key turbine component - but currently not affected by export permit delays. A division of Siemens Energy, Siemens Gamesa, the world's biggest maker of offshore wind turbines, has already taken steps to diversify away from China, including a deal earlier this week under which it will get permanent magnets from Japan's TDK. "Regarding the issue of Chinese magnet dependence it's also about the following question: Would I rather spend a little more money in Europe to become resilient? Or are there ways to incentivise suppliers from outside Europe to build a footprint in Europe?," Carina Brehm, Siemens Gamesa's chief operating officer said at a company event. "In general, we are also talking to Chinese suppliers about the possibility of building factories in Europe. If investments in sustainable structures are made here as part of fair competition, this is definitely an option." While Brehm did not identify any of the suppliers, some of the biggest include JL MAG Rare-Earth, Ningbo Yunsheng and Baotou Tianhe Magnetics Technology. Siemens Gamesa, which is trying to emerge from a quality crisis that has caused major losses in recent years, was working hard on its goal to break even in 2026, Brehm said. Asked about whether the onshore wind division, which was the source of the issues, was up for sale, Siemens Energy's finance chief Maria Ferraro said the portfolio was staying together with the expectation that double-digit margins would be generated in the future. "The team is rallying around ensuring the stability in that business. It's not easy. But what's important is that it's performing in line with our expectations," Ferraro said.
Reuters
26-06-2025
- Business
- Reuters
Siemens Gamesa, Chinese magnet suppliers discuss European production, COO says
ERLANGEN, Germany, June 26 (Reuters) - Wind turbine maker Siemens Gamesa is in talks with Chinese suppliers of rare earth permanent magnets about the possibility of bringing production to Europe, in a bid to cut the region's reliance on imports after curbs on supplies from China. Delays in Chinese rare earth export permits have caused European car makers and their suppliers to scramble for alternatives in a market that is dominated by the world's No. 2 economy, threatening production stops across the continent. The wind sector also depends on rare earths processed in China, most notably neodymium, which is used in permanent magnets - a key turbine component - but currently not affected by export permit delays. A division of Siemens Energy ( opens new tab, Siemens Gamesa, the world's biggest maker of offshore wind turbines, has already taken steps to diversify away from China, including a deal earlier this week under which it will get permanent magnets from Japan's TDK (6762.T), opens new tab. "Regarding the issue of Chinese magnet dependence it's also about the following question: Would I rather spend a little more money in Europe to become resilient? Or are there ways to incentivise suppliers from outside Europe to build a footprint in Europe?," Carina Brehm, Siemens Gamesa's chief operating officer said at a company event. "In general, we are also talking to Chinese suppliers about the possibility of building factories in Europe. If investments in sustainable structures are made here as part of fair competition, this is definitely an option." While Brehm did not identify any of the suppliers, some of the biggest include JL MAG Rare-Earth ( opens new tab, Ningbo Yunsheng ( opens new tab and Baotou Tianhe Magnetics Technology ( opens new tab. Siemens Gamesa, which is trying to emerge from a quality crisis that has caused major losses in recent years, was working hard on its goal to break even in 2026, Brehm said. Asked about whether the onshore wind division, which was the source of the issues, was up for sale, Siemens Energy's finance chief Maria Ferraro said the portfolio was staying together with the expectation that double-digit margins would be generated in the future. "The team is rallying around ensuring the stability in that business. It's not easy. But what's important is that it's performing in line with our expectations," Ferraro said.
Yahoo
26-06-2025
- Business
- Yahoo
Siemens Gamesa, Chinese magnet suppliers discuss European production, COO says
By Christoph Steitz ERLANGEN, Germany (Reuters) -Wind turbine maker Siemens Gamesa is in talks with Chinese suppliers of rare earth permanent magnets about the possibility of bringing production to Europe, in a bid to cut the region's reliance on imports after curbs on supplies from China. Delays in Chinese rare earth export permits have caused European car makers and their suppliers to scramble for alternatives in a market that is dominated by the world's No. 2 economy, threatening production stops across the continent. The wind sector also depends on rare earths processed in China, most notably neodymium, which is used in permanent magnets - a key turbine component - but currently not affected by export permit delays. A division of Siemens Energy, Siemens Gamesa, the world's biggest maker of offshore wind turbines, has already taken steps to diversify away from China, including a deal earlier this week under which it will get permanent magnets from Japan's TDK. "Regarding the issue of Chinese magnet dependence it's also about the following question: Would I rather spend a little more money in Europe to become resilient? Or are there ways to incentivise suppliers from outside Europe to build a footprint in Europe?," Carina Brehm, Siemens Gamesa's chief operating officer said at a company event. "In general, we are also talking to Chinese suppliers about the possibility of building factories in Europe. If investments in sustainable structures are made here as part of fair competition, this is definitely an option." While Brehm did not identify any of the suppliers, some of the biggest include JL MAG Rare-Earth, Ningbo Yunsheng and Baotou Tianhe Magnetics Technology. Siemens Gamesa, which is trying to emerge from a quality crisis that has caused major losses in recent years, was working hard on its goal to break even in 2026, Brehm said. Asked about whether the onshore wind division, which was the source of the issues, was up for sale, Siemens Energy's finance chief Maria Ferraro said the portfolio was staying together with the expectation that double-digit margins would be generated in the future. "The team is rallying around ensuring the stability in that business. It's not easy. But what's important is that it's performing in line with our expectations," Ferraro said. Sign in to access your portfolio
Time of India
24-06-2025
- Business
- Time of India
Japan's industry ministry, Siemens Gamesa to agree on wind power cooperation
Tokyo: Japan's industry ministry will sign an agreement with Siemens Gamesa Renewable Energy on Tuesday to establish a framework for public-private cooperation aimed at building local supply chains for offshore wind power, a ministry official said. With no wind turbine manufacturers in Japan, the goal is to promote collaborations with global players to develop a domestic supply chain , the official overseeing wind power at the Ministry of Economy, Trade and Industry (METI) told Reuters. As part of the initiatives, Siemens Gamesa, the wind turbine division of Siemens Energy, will also sign a memorandum of understanding with Japanese electronic parts maker TDK, under which TDK will supply permanent magnets to Siemens Gamesa's wind turbines, the official said. The three parties are due to sign the agreements later on Tuesday in Tokyo. Earlier this month, METI signed a similar agreement with GE Vernova, a major U.S. energy equipment company, to promote public-private cooperation in wind power, hydrogen and ammonia among other areas. Offshore wind is a pillar of Japan's renewable energy strategy , but the country remains heavily reliant on imported wind turbines and components, posing a challenge to domestic production. Japan aims to achieve 45 gigawatts of offshore wind capacity by 2040, which is crucial for reducing its reliance on imported coal and gas for power generation. But its plans have stalled following three major rounds of auctions due to soaring costs and delays.
