Basque wind turbine manufacturer Siemens Gamesa will supply the turbines for Cepsa’s first wind farm in Jerez de la Frontera (Cádiz), the company said on Tuesday.
Cepsa’s wind park will have 11 of the G114-2.625MW model wind turbines, with a capacity of close to 29 megawatts.
Whatsmore, Siemens Gamesa will also be in charge of the operation and maintenance of the wind park for five years.
Operations at the installations are expected to start up at the end of this year.
Siemens Gamesa is Spain’s leading wind turbine manufacturer, with 13.000 megawatts installed, which translates into a 55 % market share.
Whatsmore, the company handles the maintenance of over 7.500 megawatts, around a third of all installed capacity in Spain.
This move on the part of Cepsa is part of its strategy aimed at progressively diversifying its business and meeting the demand for other energies which is expected to develop strongly in regions like Latin America, Africa or the Far East. So Cepsa’s road map consists of going from being an oil firm to a global energy company of reference, as its CEO Pedro Miró announced in November.
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.
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