in News Departments > New & Noteworthy
print the content item

German wind turbine manufacturer Nordex has announced that it will spend about $100 million to establish its own U.S. production facilities for wind turbines and rotor blades. The first locally produced 2.5 MW wind turbines are expected to enter the U.S. market as early as 2009, according to the company.

"Four years ago, Europe constituted over 70 percent of the market," says Thomas Richterich, CEO of Nordex AG . "Looking forward, we expect Europe, Asia and the U.S. to each account for one-third of demand. Over the next few years, we want to generate around 20 percent of our sales in North America."

Annual production capacity is expected to be 750 MW by 2012, initially entailing the assembly of wind turbines. By 2010, Nordex wants to invest two-thirds of the investment in rotor blade production. The production site has not been selected, although the company is considering the Midwest region. The company also anticipates moving its headquarters to Chicago in September.

SOURCE: Nordex AG


Trachte Inc._id1770
Latest Top Stories

Utility-Scale Wind And Solar Keep Getting Cheaper

A new study measures the levelized cost of energy from various technologies and suggests that the costs of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.


The Song Remains The Same: Ontario Seeks More Science Before Lifting Offshore Ban

The Ontario government says the nearly four-year-old offshore wind moratorium will remain in place until the province fully understands the technology’s impact on the environment.


Why States Should Adopt A Renewable Portfolio Standard

A new study analyzes the potential benefits of state renewable energy mandates, as well as recommends what such policies should include.


Sen. Reid Vows To Bring Wind PTC To A Vote By Year's End

Nevada's senior senator provides some encouragement to wind industry advocates during his annual Clean Energy Summit.


Steadily, Wind Turbine OEMs Resume R&D Investment

An increased commitment to research and development will likely lead to wind energy innovation - not to mention a likely increase in patent-protected technology.

Canwea_id1984
Renewable NRG_id1934
Future Energy_id2008
UnitedEquip_id1995