40 GW milestone exceeded
Ingeteam, the Spanish wind converter supplier, has surpassed the milestone of 40 GW of installed wind power capacity worldwide thanks to record sales of its converter product lines. This significant achievement underpins the growth the company experienced in its core markets, with an addition of an impressive ten GW globally in just two years.
This performance is largely due to Ingeteam’s establishment of a leadership position in Brazil and India, two of the world’s largest emerging wind energy markets. Over the last two years, the company has respectively supplied 1878 MW in India and 1240 MW in Brazil. “We owe our success to our consistent ability to meet customers’ expectation for high-quality, reliable and fieldproven equipment at affordable prices,” commented Ana Goyen, Managing Director of Ingeteam’s Wind Business Unit.
“Although both the Indian and Brazilian wind markets have slowed down in 2017 due to regulatory and commercial issues, we have no doubt that they will pick up again and continue with the positive overall growth trend they have set over the past few years. The fundamentals for growth are there and they remain key areas of investment for Ingeteam in the long run,” she continued.