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Siemens Gamesa's commitment to the energy transition extends beyond our products. We also prioritize taking steps to protect the environment, reducing poverty in our communities, and developing technological education to meet the needs of the future.
You read about our Social Commitment and actions on environmental protection in the sections below:
For us, every day is focused on transforming the wind industry. Step up and transform your career with us. You can see all available positions in our job portals.
Siemens Gamesa is part of Siemens Energy, one of the world''s leading energy technology companies. With its portfolio of products, solutions and services, Siemens Energy covers almost the entire energy value chain – from power generation and transmission to storage. The portfolio includes conventional and renewable energy technology, such as gas and steam turbines, hybrid power plants operated with hydrogen, and power generators and transformers. Are you interested in helping make reliable, affordable and sustainable energy a reality for all? Click here to discover the career options that Siemens Energy offers.
At Siemens Gamesa, we are constantly seeking talented individuals to join our team and support our focus on energy transformation. Find out how you can make a difference at Siemens Gamesa:
You''ll find Siemens Gamesa Renewable Energy worldwide. Our end-to-end value chain presence encompasses onshore and offshore wind turbine design, manufacturing and installation, as well as cutting-edge service solutions. In addition to our wind turbine nacelle and blade factories, we have more than 50 sales offices.
Siemens Gamesa operate globally with locations from Spain, Germany, Denmark, China, India, Brazil to the US. Please see below some spotlights into some of our countries:
The global renewable energy industry is growing faster than ever, creating more and more jobs throughout its supply chain and requiring a diverse range of skills and experiences. The wind industry''s talent recruitment and hiring practices should reflect the industry''s role in driving sustainable and inclusive growth around the world. Only by tapping into the widest pool of talent can we hone resiliency and place wind energy at the forefront of innovation.
"People who did not think they could run are now running every week"
For Mark Champney, running was that opportunity. Running was an escape from distress and a turning point to a healthier daily routine.
Education and food aid the fight against child labor
Siemens Gamesa plans to support a diverse range of projects through a contribution of €80,000 to help combat the effects of COVID-19 in Mexico. Among the 12 programs that are part of the SGRE Impact social project worldwide, one of them will be managed by SEDAC. I.A.P., which will help children from 3 to 12 years old in low-income communities gain access to quality education and balanced food packages for the duration of the pandemic. This initiative is committed to eradicating child labor in the brickyard area of Mexico City.
Letters of Love is a global youth-led initiative founded in 2015 and a member of UNHCR- #WithRefugees Coalition, that aspires to make a difference to refugee crises, one smile at a time, by delivering handwritten New Year postcards from people around the world to Syrian, Iraqi, Yazidi, Palestinian and Rohingya refugee.
Siemens Gamesa''s order book reflects the momentum in renewables, despite a challenging quarter
Results for the third quarter of financial year 2021 (April 2021 - June 2021) Order backlog amounted to €32.6bn, underpinned by further commitments to a decarbonized economy; Siemens Gamesa logged €11.8bn order intake in the last twelve months Rising commodity prices and higher ramp-up costs for the 5.X platform resulted in provisions for onerous contracts related to projects executed in FY 22 and FY 23 impacting financial performance in the quarter EBIT margin guidance for FY21 adjusted to a range of -1% to 0%, with revenue for FY21 expected to be at the low end of the range of €10.2bn to €10.5bn
Siemens Gamesa''s performance still challenged by market dynamics, while commercial activity remains strong
Jochen Eickholt named to replace Andreas Nauen as CEO on March 1 Financial performance impacted by supply chain disruptions and ramp-up challenges of Siemens Gamesa 5.X platform Service remains strong, while Offshore maintains its leading competitive positioning Backlog increased by 12% y/y to €33,604m, with 8% growth in quarterly order intake Commitments agreed at COP26 show the need to accelerate the energy transition and evidence the strong potential of renewables Siemens Gamesa adjusts its guidance for FY22: Sales growth between -9.0% and -2.0% y/y and EBIT margin pre PPA and before I&R costs between -4.0% and 1.0%
Siemens Gamesa completed a challenging third quarter of financial year 2021 (April-June) with a backlog worth €32.6bn (+3% y/y), €1.1bn more than a year earlier. This order book evidences the company is well placed to capture the potential of the wind industry, driven by an increase in decarbonization commitments and the role of renewable energy in economic recovery programs.
As announced in a regulatory disclosure to the CNMV, Spain’s stock market regulator, Siemens Gamesa''s performance in the third quarter reflected the impact on backlog profitability of rising commodity prices and the higher-than-expected ramp-up costs for the 5.X platform. That impact — exacerbated by the pandemic, especially in Brazil — resulted in a provision for onerous contracts related to projects to be executed in FY22 and FY23.
Consequently, Siemens Gamesa adjusted its guidance for financial year 2021 with an EBIT margin pre-PPA andbefore Integration and Restructuring (I&R) costs in the range of -1% to 0%, and group revenue expected to be at the low end of the range announced during the presentation of results for the second quarter (April 30, 2021): €10.2bnto €10.5bn.
"We are operating in what is currently a very difficult environment and have taken additional steps to balance ourrisk profile as we focus on delivering long-term sustainable profitability. Despite current challenges, the company is soundly placed to take advantage of the huge potential of wind energy, which is reflected in our strong orderbacklog. Our industry has bright prospects ahead, supported by a growing political and public commitment tofighting climate change by moving to a zero carbon emission future," said Andreas Nauen, Siemens Gamesa''s Chief Executive Officer.
As the company continues to strive for sustained profitability, in Q3 21, Siemens Gamesa began to introduceclauses into its Onshore contracts to protect against commodity price volatility (mainly in steel towers). In addition to such mechanisms, Siemens Gamesa continues to incorporate cost inflation into contract pricing and to ensure the necessary procurements to execute its backlog in FY22.
Financial performanceBetween April and June, Siemens Gamesa''s revenue increased by 12% y/y to €2,704m. EBIT pre PPA and before I&R costs amounted to -€151m in the third quarter, with an EBIT margin of -5.6%. The company reported netincome attributable to equity-holders of -€314m.
In the first nine months to June 30, revenue rose by 11% y/y to €7,335m. EBIT pre PPA and before I&R costs totaled €81m, i.e. an EBIT margin of 1.1%. Reported net income was -€368m.
Siemens Gamesa’s debt position stood at -€838m at the end of June 2021. As of June 30, 2021, Siemens Gamesa had c. €4,450m in funding lines, against which it had drawn c. €1,400m, and total liquidity amounted to c. €4,450m (including c. €1,400m of cash on the balance sheet as of that date).
Commercial activityWorldwide commitments to mitigating climate change are playing a central role not only in the economic recovery in the short term but also in laying the foundations for solid, sustainable growth for renewables in the long term.
According to the Global Wind Power Market Outlook Update from Wood Mackenzie, global installations will resume growth in 2024 and will maintain that trend during the second half of the decade.
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