Broadwind Energy, Inc. recently announced $87 million in tower orders from a U.S. wind turbine manufacturer. Broadwind will produce these towers in its Manitowoc, Wisc. and Abilene, Tex. facilities, with delivery scheduled primarily in 2014. Since the start of 2013, Broadwind has recorded $200 million in new tower orders. Additionally, a $34 million order which was placed in late 2010 has been canceled by mutual agreement with a longstanding customer, due to a reduction in their U.S. requirements.
“Broadwind’s tower business continues to benefit from the rebound of the U.S. wind energy industry as a result of the Production Tax Credit extension and the continuing decline in the cost of electricity from wind energy,” says Peter C. Duprey, president and CEO of Broadwind Energy. “As we continue to meet the demand for domestically produced wind towers, we have now extended our market visibility well into 2014.”
Filed Under: Construction, Towers