European offshore wind turbine prices up 40–45% as OEM options shrink to two, Rystad finds
A Rystad Energy study reported by Windpower Monthly finds that offshore wind turbine prices in Europe have spiked 40–45% as manufacturing options contract sharply. The analysis identifies only two viable large-scale turbine suppliers remaining for European offshore projects, creating acute procurement risk. For asset managers underwriting new projects and insurers pricing equipment risk, the combination of higher capital costs and concentrated supplier dependency materially affects project economics and counterparty exposure.
Read at Windpower MonthlySiemens Gamesa narrows losses in Q2, remains 'on track to break even' in FY2026
Siemens Energy's Q2 results show Siemens Gamesa continuing to narrow losses, with management reiterating that break-even in the 2026 financial year remains on course, according to Windpower Monthly and Recharge News. The unit also reported its first orders for a new 7 MW turbine model. For operators and project developers reliant on Siemens Gamesa as one of only two major offshore OEMs, the financial trajectory has direct implications for warranty coverage, delivery risk, and long-term service contract security.
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