"We're looking forward to building at this factory the most efficient and reliable ‘Made in Germany' wind turbines," said Markus Tacke, CEO of the Wind Power and Renewables Division.
"We invest where we see opportunities for growth - and Germany and Northern Europe are dynamic growth markets for us. The new factory will also make an important contribution toward helping us reach our goal of making wind power competitive." A recently published study by the Renewable UK industry association shows that the costs of offshore wind power have declined by 11 percent over the last five years alone.
In addition to the new facility in Cuxhaven, Siemens is also currently constructing a plant for rotor blades in Hull, UK, for six- and seven-megawatt-class wind turbines. This plant is also scheduled to be fully operational in 2017. Germany is the most significant market for offshore wind power after the UK.
Siemens is the market leader in the offshore wind power industry. To date, the company has sold around 3,100 wind turbines and installed at sea more than 1,470 turbines with a total capacity of 4.7 gigawatts. Siemens is also a leader in offshore grid connections and offshore service.
END