RRB Energy targets African market with smaller wind turbines
Posted: July 24, 2012 Filed under: Uncategorized | Tags: Africa, wind turbines
The machine was originally designed by Vestas, the world’s biggest wind-turbine maker
RRB Energy Ltd., Vestas Wind Systems A/S (VWS)’s former joint-venture partner in India, expects as much as 25 percent of sales next year to come from exports of smaller turbines toemerging markets led by Africa, according to Natalie Obiko Pearson of Bloomberg.
“The New Delhi-registered manufacturer, one of the earliest to enter India’s wind power market in 1987, says it’s bucking an industry trend toward larger turbines and has restarted production of a 225-kilowatt machine discontinued in 2005.
“’There’s a lot of potential in emerging markets where so far there’s been no development of wind power like Africa,’ Deputy Managing Director Sarvesh Kumar said in a phone interview yesterday. They can’t simply start with megawatt-class machines,’” the article said.
“Wind-turbine makers are seeking to diversify as they struggle with overcapacity and declining demand in traditional markets. Growth is set to slow in China, the world’s biggest wind market, for the first time this year, while governments in the U.S. and Europe are rolling back clean-energy subsidies.
“Closely-held RRB, which sells more than 95 percent of its turbines in India and has annual sales of about $200 million, plans to approach power utilities in Ghana and Nigeria. It has also already exported two 225-kilowatt turbines to farmers in the U.K. and expects to sell nine more.”