in News Departments > Products & Technologies
print the content item

Moventas has announced the company is investing approximately 115 million euros in a new wind turbine gear factory located in central Finland. The new factory will double Moventas' wind turbine gear production capacity, the company says.

"Due to the establishment of a new factory, we will be able to develop our production capacity and technology in a rapidly growing market," says Ilkka Hakala, Moventas' president and chief executive officer.

According to the company, construction will commence this fall, with completion scheduled for late 2008. Because the factory will be constructed on completely new premises, the production facilities can be optimized for megawatt-scale wind turbines, Moventas adds.


Helukabel_id1908
Latest Top Stories

Report Disputes U.S. Agency's Renewable Energy Projections

A new analysis from the Sun Day Campaign says renewables are slated to provide 16% of U.S. generating capacity by 2018 - over 20 years earlier than forecast by the Energy Information Administration.


Kansas Renewables Mandate Survives Yet Another Attack, But Is It Too Early To Celebrate?

Over the past three years, some legislators have tried to either weaken or repeal the state's renewable portfolio standard, which requires Kansas utilities to reach 20% renewables by 2020.


AWEA Highlights U.S. Wind Success Stories Of 2013

Despite a 92% drop in new capacity last year, the sector still has myriad reasons to celebrate, according to a new report from the American Wind Energy Association.


Feds List New Bird Species As Threatened - Should Wind Developers Be Worried?

The U.S. Fish and Wildlife Service is designating the lesser prairie-chicken as threatened under the Endangered Species Act. An expert explains how this might affect the wind industry.


Senate Committee Passes Bill With Two-Year PTC Extension

The Senate Finance Committee has voted on a tax extenders package, which includes both the production tax credit (PTC) and investment tax credit, and sent it to the floor.

UEA_id1896
Acciona_id1907
JLG_id1900
WomenofWind_id
bonfiglioli_id1913
AWEA_id1886