Terra-Gen, Nordex & Siemens Gamesa Improve

Terra-Gen's 238.5 MW project in Texas is now fully operational and
the Philippines just awarded approvals for more than 10 GWs of
renewables. Plus Nordex and Siemens Gamesa are optimistic about
their future. Sign up now for Uptime Tech News, our weekly email
update on all things wind technology. This episode is sponsored
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YouTube channel here. Have a question we can answer on the
show? Email us! There's news from the wind industry this week.
And for once... the headlines tell a story of growth. Down in
Hidalgo County, Texas... something worth celebrating happened this
week. Terra-Gen commissioned the Monte Cristo ONE Windpower
Project. Two hundred thirty-eight-point-five megawatts. Fully
operational. The wind facility will generate more than 850
gigawatt-hours of clean electricity every year. Enough to power
roughly 81,000 homes. And the power? Already sold. Long-term
purchase agreements with two corporate customers. Construction
created about 280 jobs at peak activity. More than 490,000 work
hours. Not one lost-time incident. They upgraded 11 miles of state
roads. Twenty-five miles of county roads. Over its lifetime... the
project will deliver more than 100 million dollars to the local
community. Property taxes. Landowner payments. Other economic
contributions. "It is an honor," said John O'Connor, Chief
Financial Officer for Terra-Gen, "to celebrate the hard work and
dedication of the hundreds of men and women who made the
commissioning of the Monte Cristo wind project possible."
Meanwhile... halfway around the world in the Philippines... the
government just awarded approvals for more than 10 gigawatts of
renewable power. That's ten-point-two gigawatts, to be exact. One
hundred twenty-three winning bidders. Solar. Storage. And wind.
Onshore wind alone claimed two-point-five gigawatts of that
capacity. Twenty-one projects. All set to deliver power by 2029.
The Philippines is targeting 50 percent renewable generation by
2040. And they're not waiting around. The "overwhelming response,"
said the department of energy, "reflects the growing confidence of
investors." Back in Europe... in Germany... Nordex is making moves.
The turbine manufacturer just secured orders for 123 megawatts from
Denkerwulf. Twenty-five onshore wind turbines. Installation begins
in 2027. Commissioning in 2028. And Nordex shares? They're
climbing. Hit a multi-year high this week. Trading at 28 euros and
2 cents. Denkerwulf'S orders for Nordex in 2025 now total nearly
144 megawatts. And last week... Mingyang signed a contract with ORE
Catapult... a state-owned British test center. They're going to
test main bearings for Mingyangs offshore 18.5MW turbines in the
United Kingdom. "A major milestone," said Mingyang'S chief
technology officer for Europe, Marc Sala. "A decisive breakthrough
for our local operations." Mingyang has big plans for Britain.
One-point-five billion pounds in investments. Half for factories.
Half for the offshore wind supply chain. Now... over at Siemens
Gamesa... things are looking up. The wind business has been
struggling. Over four fiscal years... losses totaled
eight-point-six billion euros. But Chief Executive Officer
Christian Bruch confirmed this week... they're still targeting
profitability by 2027. Break-even by 2026. Revenue for full-year
2025 rose 5 percent to ten-point-three-seven-five billion euros.
Losses improved slightly. "The journey towards profitability is
going to take time," said Chief Financial Officer Maria Ferraro.
"But I think the team is doing a great job." They expect a positive
fourth quarter in 2026. So there you have it. The wind industry is
pushing forward. Two hundred thirty-eight-point-five megawatts
commissioned in Texas. One hundred twenty-three projects approved
in the Philippines. One hundred twenty-three megawatts ordered in
Germany. Eighteen-point-five megawatt turbines heading to Britain
for testing. And Siemens Gamesa ... now seeing light at the end of
the tunnel. The numbers tell the story. Things are beginning to
stabilize – and there’s hope for the future. That’s the state of
the wind industry on the 17th of November 2025. Join us tomorrow
for the Uptime Wind Energy podcast.