LM Wind starts work at 500-MW blade plant in Turkey
Image by LM Wind Power (www.lmwindpower.com)
Danish wind turbine blades maker LM Wind Power today announced the start of production at a new factory in Turkey with an annual capacity of 500 MW.
The company, acquired by General Electric (NYSE:GE) in April, can later expand the facility in Bergama Organized Industrial Zone (BOSBI) to 1.5 GW.
The plant, an investment of USD 50 million (EUR 44m), is to address the needs of the Turkish wind market, where annual wind capacity additions keep growing. According to figures by the Global Wind Energy Council (GWEC), Turkey installed nearly 1.4 GW of wind in 2016 to reach a cumulative capacity of 6.1 GW. LM Wind noted that the local market is seen to reach 20 GW in 2023.
LM Wind also has blade factories in Denmark, the US, Spain, Brazil, Canada, China, India and Poland. The plant in Turkey will employ up to 450 people. Earlier in 2017 the Danish firm opened a Center of Excellence training facility in Bergama.