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Siemens Energy’s gas turbine backlog nears 70 GW as company expands manufacturing

Siemens Energy logoSiemens Energy
Sig3.25Sen+5.20Env-2.75Soc+1.60Gov+1.25

Since 2025, Siemens Energy has brought roughly 30 more medium-sized gas turbine manufacturing units online as demand hits records. This quarter it booked 15 GW of gas services orders, with sales up 62% to €10 billion; 6 GW were shipped, pushing the gas services backlog to 69 GW. CEO Christian Bruch said added capacity could support 15-16 GW of deliveries this year, with further unit additions through 2027-2028 and a 120 GW annual addressable market, about half from the U.S., while Siemens Gamesa logged its first profitable quarter since late

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