Mexican Wind Farm Contract Awarded To Gamesa
Gamesa Corporacion Tecnologica was recently awarded to build a wind farm in Central Mexico. The 130 megawatt turnkey contract will start its construction in the Mexican state of Zacatecas to supply Volkswagen's factories upon completion.
A company from Spain formerly known as Grupo Auxiliar Metalurgico, its expertise are building wind turbines and constructing wind farms. Now known as Gamesa, the company got a contract to build a 130-megawatt wind farm in La Bufa. After building the project under a turnkey arrangement, it will then be sold upon completion.
Gamesa's contract is to deliver 65 G114 2.0-megawatt wind turbines to a private equity firm known as First Reserve Corporation and Mexico Power Group. The wind farm construction will take place in Zacatecas, Central Mexico. The company will deliver the wind turbines and start the wind farm construction in 2016. The company will also maintain and operate services over the span of the project's operation. Upon the project's completion, the wind farm's generated electricity will supply Volkswagen's factories exclusively in nearby cities of Silao and Puebla.
According to a press release by Gamesa during the declaration and awarding of the contract, the company has installed 1,700 megawatts in Mexico as an original equipment manufacturer. As a wind farm developer, the company has installed another 700 megawatts with a sizable pipeline to boot. The statistics presented by the company placed them as the number one equipment manufacturer in the market. This led the company to announce that it will be building a wind tower factory in Tamaulipas. The project was a joint venture between Gamesa, the Daniel Alonso Group, and Windar Renovables.
Gamesa expects to finish with a strong financial position in 2015. The company has been already seen three strong quarters of financial returns and growth. Their financial earnings for the third quarter of 2015 alone has seen a growth of 30.4 percent compared to 26 percent in 2014. Also, the company has played well with regards to its business plans and has set them with an impressive start before 2016.
Volkswagen Recalls Almost 300,000 Cars Due To Potentially Hazardous Faulty Fuel Pump
Volkswagen is recalling around 300,000 cars due to faulty fuel pumps that can be hazardous.
Volkswagen Enjoys Rise In Profits Despite Cost Cuts
Volkswagen is starting to bounce back from the results of its diesel emission scandal as profits soar in this year's first quarter.
Apple Spotted Testing Autonomous Car Tech In A Lexus RX
Apple's self-driving car tech has been spotted in a Lexus vehicle outfitted with sensors driving around Silicon Valley.
2018 Volkswagen Atlas Offers The Most Premium SUV Features On The Market
The 2018 Volkswagen Atlas is available in multiple variants and with different features.
2018 Volkswagen Arteon Proves To Be A Powerful Beauty
With a new and bold design, the 2018 Volkswagen Arteon comes as the new flagship for the automaker. It has a design that veers it away from the more laid back style of the company.
Volkswagen, Fiat Chrysler May Reach an Agreement on Mergers Soon
Indications emerged last week at the 2017 Geneva Motor Show that Volkswagen and Fiat Chrysler may consider a merger soon. This became evident as Volkswagen CEO, Matthias Mueller, stated that he looks forward to having merger talks with Fiat Chrysler CEO Sergio Marchionne whenever the latter is ready. Both Volkswagen and Fiat Chrysler are auto rivals, but developments in the industry are forcing great auto companies to partner for consolidation purposes.
MORE IN ITECHPOST
Link Building & Guest Posting Updates- 2020
Over the years, the importance of high-quality backlinks has only increased. What once used to be a quantitative measure, is now qualitatives in nature. In other words, the links are now scanned for the quality they bring in, along with the number of links.
How Do Personal Emergency Response Systems Work?
Personal emergency response systems, known as PERS for short, are systems that help people to raise the alarm and get immediate help when a medical or personal emergency occurs. They are ideal for older people and anyone with a mobility issue or an injury or illness that can cause falls.
New Lawsuit Alleges Fortnite Video Game Is as Addictive as Cocaine
Epic Games, creator of the popular Fortnite video game, has been hit with a new lawsuit that alleges the game is as "addictive as cocaine" and that Epic has targeted children with its marketing. The popular game is played by more than a quarter-billion people.
Netflix is Raising Prices, Here’s How it Now Compares to Other Streaming Services
Once a brand gains the trust and loyalty of its market, it is only logical that it attempts to flex its dominant muscle. Such is the tale that fits the recent price hike coming from the stable of Netflix. Having baited consumers into believing that streaming, and not cable subscription, is the right way to go, Netflix has now decided to drop its own form of a bombshell on consumers in the form of price increment. The news, which was announced earlier this year, detailed that Netflix would be raising prices across all of its plans by 13 to 18 percent.