Siemens Gamesa hit both directly and indirectly in the Nordics

Costs tied to delayed installations, especially in Norway, continue to mount for the wind turbine manufacturer, which suffers further from corona-related inefficiency.

Photo: Jens Dresling/Ritzau Scanpix

On April 30, the final unit of 70 wind turbines was installed at Norwegian wind farm Bjerkreim – one of five massively delayed Northern European wind projects that have ridden Siemens Gamesa like a mare. Already upon presenting the last interim report, budget overruns amounted to EUR 150 million. Bjerkreim was also one of the developments that installation crews have scurried to complete working overtime over Easter and through weekends.

All the turbines now being installed don't mean that Siemens Gamesa's headache has subsided. More work still needs doing on the final assembly and commissioning of the facility, which for the time being is expected to start generating power at some point in June – if Siemens Gamesa has succeeded in getting the right teams through Norway's quarantine locks to finish installing the projects, which were meant to have entered operation last year.

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