Ingeteam Commissioned 4 GW of Wind Converters in 2018

The Group closed the year with a 15% increase in turnover compared to 2017.

Ingeteam Power Technology announced that it contracted over 4GW of wind energy converters globally in 2018. With a total of 45GW installed capacity to date, the company remains the unchallenged independent number one supplier of wind power converters in the world.

“The wind industry as a whole has weathered a challenging period in India and Brazil last year. That impacted our sales a little, but the slowdown has levelled off and we expect orders to rebound strongly this year,” said Ana Goyen, Director of Ingeteam Wind Energy.

Going forward, the company will benefit from the excellent growth outlook of the global wind sector, which becomes competitive with other energy sources in an increasing range of market conditions. This encouraging general environment combined with a stabilisation in global prices and Ingeteam’s strong focus on innovation and client partnerships, provides an excellent foundation for the company’s future performance. For 2019, the company expects to experience steady sales growth, with major gains in all key markets. 

In particular, the company’s recent investment in India in a facility equipped with state-of-the-art production technology is providing solid sales momentum. The feedback from both local and international clients is overwhelmingly positive.

“This highly efficient production centre is based on a modular design, and boasts agile production lines, so we can swiftly embrace our client needs. Our customer-centric approach is really paying off there. We are happy to report that we have delivered our first units in 2018 and that our order-book is very healthy going forward. We anticipate that about 25% of the total capacity we aim to deliver in 2019 will be manufactured in our Chennai factory,” continued Ana Goyen.

Ingeteam’s strategy to position itself as a complete solution provider for wind OEMs has proven very successful over the years. The company offers a wide range of proven electrical equipment up to 15 MW and also operation & maintenance services for both onshore and offshore applications.

“We can supply equipment from any of our production facilities in Europe, Asia, North and South America, applying the same standards and know-how. We can also deliver the most efficient and specialised support and service to clients from our sales and service centres strategically located all over the world,” said Ana Goyen.