Siemens Gamesa refutes tightened price squeeze

Despite the lowest wind turbine prices ever, the company maintains optimism. An annual price reduction of up to 5 percent is a stabilization for us, says CFO.

Photo: Siemens Gamesa

Following several quarters with increasing prices for Siemens Gamesa's wind turbines, prices slid once again in the latest quarter – and rapidly. The average sale price (ASP) declined 11.8 percent per sold MW to only EUR 0.67 million per MW – clouding out the otherwise fine results for the first three months of 2019.

The price has never been so low.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Further reading

Related articles

Latest News

See all jobs