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India: Major agreement between Siemens Gamesa and ArcelorMittal subsidiary

Siemens Gamesa is supplying wind turbines for a hybrid energy project in India, in partnership with AM Green Energy. This project will help reduce carbon emissions from the steel industry while stimulating the growth of renewable energy in the country.

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Siemens Gamesa has signed a contract with AM Green Energy Private Limited (AMGEPL), a joint venture of ArcelorMittal S.A. and ArcelorMittal Nippon Steel India Limited (AM/NS India), for the supply of wind turbines for a hybrid wind-solar project in Kurnool district, Andhra Pradesh.

An agreement that meets the needs of Arcelor Mittal and the Andhra Pradesh region

This 989 MW project will enable AM/NS India to meet 20% of its electricity needs with renewable energy and reduce its carbon emissions by 1.5 million tons annually. The wind turbines will be manufactured at Siemens Gamesa ‘s Indian plants and delivery will begin in the second quarter of 2023.

The Andhra Pradesh government aims to promote the export of renewable energy from the state. This project is in line with its renewable energy export policy for solar, wind and hybrid projects.

An agreement showing the progress of Siemens Gamesa

The company is a member of the Steel Zero initiative, which is clearly committed to sourcing more and more green steel responsibly in the future. Siemens Gamesa has been operating in India since 2009 and is currently the market leader with a 40% market share and an installed base of more than 8 GW, according to consulting firm Wood Mackenzie.

In addition, the company launched the Onshore 3.X platform in 2020, which has already passed the 1.5 GW order mark in India, underscoring its competitiveness in this market. The company has a blade factory in Nellore (Andhra Pradesh), a nacelle factory in Mamandur (Chennai, Tamil Nadu) and an operation and maintenance center in Red Hills (Chennai, Tamil Nadu).

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