Siemens Gamesa: wins a series of orders in Taiwan
(CercleFinance.com) - Siemens Gamesa Renewable Energy (SGRE) said it has signed 10 memorandums of understanding (MoUs) for the development of offshore wind supply today in Taipei, Taiwan.
The deals - signed with six global Tier 1 suppliers and four local suppliers - not only cover the offshore wind supply chain, but also machining, control systems, and coolers, the company said.
Taiwan's government has set a goal of 5.5 GW installed offshore by 2025.
Also note that today Berenberg has cut its target price on the stock, from 16 euros to 15 euros, while maintaining a "buy" rating.
After all these announcements, Siemens Gemasa shares were up 1.5% at 11.7 euros on the Madrid Stock Exchange.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
The deals - signed with six global Tier 1 suppliers and four local suppliers - not only cover the offshore wind supply chain, but also machining, control systems, and coolers, the company said.
Taiwan's government has set a goal of 5.5 GW installed offshore by 2025.
Also note that today Berenberg has cut its target price on the stock, from 16 euros to 15 euros, while maintaining a "buy" rating.
After all these announcements, Siemens Gemasa shares were up 1.5% at 11.7 euros on the Madrid Stock Exchange.
Copyright (c) 2018 CercleFinance.com. All rights reserved.