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Siemens Energy has brought approximately 30 additional units of medium-sized gas turbine manufacturing capacity online since 2025 amid record-breaking demand, executives told analysts last week during the company's fiscal third-quarter earnings call.
The company booked orders for 15 GW from its gas services division this quarter, with sales up 62% from this time last year to €10 billion ($11.6 billion), according to Maria Ferraro, the company’s chief financial officer. It shipped 6 GW of turbines during the third quarter, bringing its total gas services backlog to 69 GW, according to an earnings presentation.
With the additional capacity, Siemens Energy could deliver 15-16 GW of gas turbines this year, Christian Bruch, president and CEO of Siemens Energy, said. Ferraro said lead times across the company now run three years or more.
Siemens Energy has about 35 units of large gas turbine manufacturing capacity, with plans to add another 15 units in 2027. For medium-sized gas turbine capacity, it plans to add another 20 units on top of the 80 units it currently has, bringing its total to about 100 units by 2028, according to the presentation.
