The Switch, a supplier of megawatt-class permanent magnet generator and full-power converter packages for wind power and other renewable energy applications, received orders for key wind power components from PROKON of Germany. Together with repeat agreements from China, the total order value The Switch received during June is over € 100 million, resulting in the largest order backlog in the company’s history.
On June 17, 2013, The Switch and Germany-based PROKON signed an agreement for the delivery of 100 direct-drive 3 MW permanent-magnet generator (PMG) and full-power converter (FPC) drive trains. This order follows previous orders of the same class, and strengthens PROKON’s position as a single-source power park provider.
PROKON’s unique business model is based on selling its shares, giving people the opportunity to invest in renewable energy. To date, PROKON has 65,670 shareholders with over € 1.13 billion invested in the company. As of January 2013, the company also provides electricity directly to consumers.
PROKON has installed 296 wind turbines at 49 wind parks in Germany and Poland. It is now planning its first wind parks in Finland, where 100 new turbines shall be installed within the coming years.
Also in June, The Switch received significant orders from its Chinese customers. In total, these orders are worth well over € 100 million. This helps The Switch increase its presence in the market and indicates a strong technology shift to PMG as the choice for the future. Currently, PMG has a share of over 15% of all new installed wind power drive trains.
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