The paper analyzes the evolution of industrial activity of the Spanish company Gamesa, which is the world leader in wind turbine manufacturing and maintenance of wind farms. The paper discusses the main regularities of the development of the industry in the period of intensive growth and during the period of stagnation. It also considers the embedding in the emerging global technological chains of Russian manufacturers. The results obtained can be used by private economic agents (machine-building enterprises) in making investment decisions, as well as by public authorities to develop strategies for the development of renewable energy and energy engineering.
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