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News and in-depth analysis of offshore wind power, offshore wind farms and wind industry companies and policy in Spain.

Latest Spain Offshore Wind Power Articles

Siemens Gamesa boosted by offshore and services segments

Siemens Gamesa's net profit, revenue and earnings all increased in the last three months of 2018 due to growth in its services and offshore sectors.

Latest 10MW turbine launched by SGRE

Siemens Gamesa Renewable Energy (SGRE) has unveiled its 10MW offshore wind turbine, following similar product launches by sector rivals.

Pricing pressures stunt SGRE recovery

SPAIN: Siemens Gamesa recorded a 17% fall in revenues for the full year between October and September despite increasing its order book.

Increased production boosts Iberdrola's renewables profits

SPAIN: New capacity and increased production grew Iberdrola's profits from renewables in the first nine months of the year, the developer stated.

Turbine with 'telescopic' tower installed

SPAIN: A turbine with a prototype 'telescopic' tower has been installed off the coast of Gran Canaria.

Siemens Gamesa secures €2.5 billion credit facility

SPAIN: Siemens Gamesa Renewable Energy (SGRE) has signed a €2.5 billion multi-currency term and revolving credit facility for "general corporate purposes" and to refinance existing debt.

Production increases boost Iberdrola renewables profit

SPAIN: Iberdrola recorded a 3.7% rise in net profit for 2017, which it said was mostly driven by its renewables and networks businesses.

Spanish tower manufacturer enters offshore

SPAIN: Tower manufacturer GRI Renewable Industries has opened a new €40 million factory in the port of Seville, as it moves into production of offshore towers.

Adwen legacy to last years, SGRE says

SPAIN: The cost of winding down offshore manufacturer Adwen will impact Siemens Gamesa Renewable Energy's (SGRE) financial results for "four-to-five years", according to its chief financial officer.

SGRE six-month revenue falls to €5bn

SPAIN: Siemens Gamesa Renewable Energy's revenues fell 12% year-on-year to €5 billion during the first six months since the two manufacturers merged, the company reported.