Spain-based Gamesa says it is poised for further technological and industrial diversification in several different sectors, including solar photovoltaics and other industries. Its subsidiary Gamesa Electric focuses on the electric equipment design and manufacturing business.
Gamesa Electric currently derives 25% of its sales from industrial markets, including PV, while its forecasts indicate that in 2013, these sectors will account for approximately 40% of its sales.
India, China, Eastern Europe, the U.S., Latin America and South Africa are among the company's largest target markets in the PV industry. Gamesa's latest inverter, 1 MW PLUS central inverter – a water-cooled device for utility-scale PV plants – is expected to be formally released in the first quarter of 2013.