Finance

Siemens Energy wins $1.3 billion ScottishPower wind turbine order

Published by Uma Rajagopal

Posted on November 12, 2024

1 min read

· Last updated: January 28, 2026

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Siemens Gamesa offshore wind turbines for ScottishPower project - Global Banking & Finance Review
The image showcases Siemens Gamesa's offshore wind turbines, part of the $1.3 billion order for the East Anglia TWO project by ScottishPower, enhancing renewable energy capacity.
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FRANKFURT (Reuters) – Siemens Gamesa, the wind division of Siemens Energy, has won a turbine order worth more than 1 billion pounds ($1.3 billion) to supply the East Anglia TWO offshore wind farm of Iberdrola’s ScottishPower, the companies said. Siemens Gamesa will supply 64 of its flagship SG 14-236 DD offshore wind turbines to the […]

FRANKFURT (Reuters) – Siemens Gamesa, the wind division of Siemens Energy, has won a turbine order worth more than 1 billion pounds ($1.3 billion) to supply the East Anglia TWO offshore wind farm of Iberdrola’s ScottishPower, the companies said.

Siemens Gamesa will supply 64 of its flagship SG 14-236 DD offshore wind turbines to the project located 33 km off the Suffolk coast in the southern North Sea , they.

The turbine’s blades will be made at Siemens Gamesa’s factory in Hull.

Once completed, East Anglia TWO, which is worth a total 4 billion pounds, will have capacity of 960 megawatts (MW), enough to power nearly one million homes.

($1 = 0.7772 pounds)

(Reporting by Christoph Steitz; Editing by Alexander Smith)

Frequently Asked Questions

What is offshore wind energy?
Offshore wind energy refers to the generation of electricity using wind turbines located in bodies of water, typically oceans or large lakes. This method harnesses wind power to produce renewable energy.
What is a wind turbine?
A wind turbine is a device that converts wind energy into mechanical power, which is then transformed into electricity. It consists of blades that rotate when wind blows, driving a generator.
What is the capacity of a wind farm?
The capacity of a wind farm is the maximum amount of electricity it can produce, measured in megawatts (MW). For example, the East Anglia TWO project has a capacity of 960 MW.
What is the significance of renewable energy?
Renewable energy is crucial for reducing greenhouse gas emissions, combating climate change, and promoting sustainable development. It includes sources like wind, solar, and hydroelectric power.
What is the role of Siemens Gamesa in wind energy?
Siemens Gamesa is a leading company in the wind energy sector, specializing in the manufacturing and supply of wind turbines for various projects, including offshore wind farms.

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