Spanish engineering firm Ingeteam has surpassed a 40 GW milestone of installed wind power capacity.
The firm is a supplier of electrical conversion equipment and has now posted record sales of its products.
Earlier this year, the company landed the world’s top spot among independent suppliers of wind power converters, after setting a new record year for its converter deliveries in 2016.
To date, a total of 40,175 MW of wind turbines have been equipped with Ingeteam’s technology.
This performance is largely due to Ingeteam’s establishment of a 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 1,878 MW in India and 1,240 MW in Brazil.
“We owe our success to our consistent ability to meet customers’ expectation for high-quality, reliable and field-proven equipment at affordable prices,” said 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.”