Ingeteam Hits Wind Capacity Milestone After Targeting Emerging Markets

Posted by NAW Staff on October 21, 2015 No Comments
Categories : FYI

Ingeteam, a Spain-based supplier of electrical conversion equipment, says it has reached a milestone of 30 GW of wind power capacity installed worldwide.

The company hit this mark after commissioning power converters accounting for 2 GW of installed capacity during the first half of 2015 – a 17% increase over the previous year. In total, Ingeteam has installed 20,757 power converters globally.

According to Ingeteam, the increase is primarily attributed to strategically targeting the emerging wind markets of Brazil and India.

The company opened its Brazilian subsidiary in 1999 and started producing wind power converters in 2011 at its manufacturing facility in Sao Paulo. Since then, the company has supplied 1.5 GW of wind to this market – accounting for more than 20% of all installed wind power capacity in the country, says Ingeteam.

Over the past year in Brazil, the company has significantly expanded its facility: It created up to 125 jobs for the local production of wind power converters and increased the maximum annual production capacity to 3.8 GW.

Ingeteam, which established its Indian location in 2012, ended 2014 with more than 20% of all installed wind power capacity in the country. To date, about 8% of all wind power capacity in India has been commissioned by Ingeteam.

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