Siemens Games has announced that it will build a large offshore wind nacelle factory in New York State, as reported by Electrek.
The factory will be at the Port of Coeymans, a relatively new marine terminal on the Hudson River. It will result in a $500 million investment in the region, creating direct and indirect jobs.
Siemens Gamesa will localize some new component suppliers facilities, such as steel component fabrication, bearings, and composite components, which will help develop a local supply chain. This also marks their second announced factory in the US. The first is an offshore wind turbine blade finishing facility in Portsmouth, Virginia.
A Major Step Forward
The proposed facility in New York is a significant step forward in the company's desire to lead the US offshore wind market. It also builds on its successful track record of establishing major manufacturing facilities in markets with stable frameworks to meet the growing demand for offshore wind.
The facility is also designed with the capacity for potential expansion to guarantee long-term development. This further solidifies their commitment and strategic plans for manufacturing and job creation in the US.
It is part of the company's integrated plan to localize its offshore wind power supply chain on the US East Coast.
Siemens Gamesa is currently being delisted by Siemens Energy, its parent company, as part of efforts to fully integrate the division and fix problems in operations that have impacted their profits.
Also Read: Siemens Gamesa Set to Debut the World's Most Powerful Wind Turbine in Scotland
The US Renewables Market
It's no surprise that more renewable projects are coming in the US. Being the world's second-biggest renewables market after China, the government's Inflation Reduction Act continues to draw project developers and equipment makers.
Siemens Gamesa's localized supply chain strategy is part of a larger effort to capitalize on the US renewables market. By having a localized supply chain, Siemens Gamesa can reduce shipping and assembly costs and use local expertise. This helps them to be more competitive in the US renewables market.
Furthermore, they can better leverage the US's vast network of skilled workers, technicians, and engineers. In addition, they can also benefit from the US's advanced infrastructure and regulatory environment.
The company has invested heavily in digitalization technologies which have enabled them to streamline operations and reduce costs while increasing efficiency. This allows Siemens Gamesa to provide customers with more cost-effective renewable energy solutions. Furthermore, they are actively working on improving the storage capacity of their turbines so that they can better capture energy from fluctuating weather patterns like strong winds or cloudy days - a key factor in harnessing renewable sources of power efficiently and reliably over time.
Related Article: Siemens Gamesa Works on Recyclable Blades, Could This Boost the Company's Overall Performance?
