With a key wind-energy tax credit set to expire Wednesday, Gamesa Technology Corp., the Spanish-based wind-turbine company with operations in Bucks County, said Thursday that it had signed a "framework agreement" with EDP Renewables to produce up to 225 of its latest generation of turbines through 2016.
Gamesa issued a statement saying this was the largest such agreement for its G114-2.0 Megawatt turbines. Such turbines, which cost about $2 million apiece early in 2013, are the size of a cargo container and are hoisted atop towers to produce energy from the turning blades of a windmill.
Officials did not return calls seeking comment, so it was unclear whether there would be more work - or more layoffs - at the company's North American headquarters in Trevose or the manufacturing facilities in Fairless Hills. Bloomberg News reported in November that Gamesa announced it would shut 24 offices worldwide, cut 2,600 jobs, and seek more sales in emerging markets.