TPI and ENERCON Sign Long-Term Wind Blade Supply Agreement in Turkey
/7th May 2018, GLOBE NEWSWIRE, TPI Composites, Inc./ TPI Composites, Inc., (TPI) (Nasdaq:TPIC), the only independent manufacturer of composite wind blades with a global manufacturing footprint, announced today that it has signed a multiyear supply agreement with ENERCON GmbH to provide blades from two manufacturing lines for the new EP3 platform turbines for wind markets including Europe and Turkey. The 60-meter class blades will be produced at one of TPI’s facilities in Izmir, Turkey with production planned to commence in Q4 2018.“We are pleased that ENERCON has chosen TPI as its wind blade partner for Europe and Turkey markets and to add ENERCON as a key customer,” said Steve Lockard, President and CEO of TPI Composites. TPI has been producing wind blades in Turkey since 2012 and is currently producing wind blades from two facilities in Izmir, Turkey. With the addition of ENERCON as a customer, TPI now serves the top 6 global wind turbine OEMs outside of the Chinese market.
About TPI Composites, Inc.
TPI Composites, Inc. is the only independent manufacturer of composite wind blades for the wind energy market with a global manufacturing footprint. TPI delivers high-quality, cost-effective composite solutions through long term relationships with leading wind turbine manufacturers. TPI is headquartered in Scottsdale, Arizona and operates factories throughout the U.S., China, Mexico, and Turkey.
More information about the deal between TPI and ENERCON you may read here: TPI and ENERCON Sign Long-Term Wind Blade Supply Agreement in Turkey
For more information about the Turkish wind power market, please visit:
Turkey Wind Power Market: Outlook 2017÷2026
About Renewable Market Watch™
Renewable Market Watch™ is delivering strategic insight into emerging renewable energy markets through its experienced research team and cutting edge predictive analytics data platform. We partner with our customers to provide research, data and consulting reports in areas appropriate to their specific requirements. Our primary focus is emerging renewable energy markets of the Asia Countries, Balkan countries, Central and Eastern Europe, CIS states (former Soviet Union), LATAM countries and MENA countries. For more information about Renewable Market Watch™, please visit:
http://renewablemarketwatch.com/about-us
