Into the Future with Acquisitions
Senvion aims to grow further, across even more markets worldwide and with ever better facilities. The purchase of plants and technologies complements the ambitious product strategy and market entry strategy.
When Senvion was acquired by Centerbridge Partners, the group announced a growth and innovation campaign. Proving that this was more than just empty rhetoric, in mid-August Senvion signed agreements regarding the purchase of production facilities in Baramati, India. These cover nacelles and infrastructure, as well as wind turbine equipment and the service business of Kenersys India Private Limited.
The Kenersys product portfolio ranges from 2-megawatt to 2.6-megawatt turbines with rotor diameters of between 82 meters and 120 meters. All turbines are registered with the National Institute of Wind Energy in India and thus are immediately available to Senvion. As Amit Kansal, managing director of Senvion India, explained, "With the facility in Baramati, not only do we have access to a ready-to-use production site, but we are also expanding our product portfolio with technology developed in Germany that is ideally suited to the Indian market."
Milestones in India and Poland
In mid-December, Senvion signed its first framework agreement in India, for 220 wind turbines with an installed capacity of more than 500 megawatts for a major Indian energy provider. The turbines are scheduled to be complete in three years and should produce electricity for more than 700,000 Indian households. A Senvion service center will be responsible for maintaining the turbines for at least ten years. "We are delighted to have signed this framework agreement, which represents the beginning of a strong partnership," commented Jürgen Geissinger, CEO of Senvion. "Not only that, but this agreement demonstrates that the story of our growth is progressing systematically in India."
The company is pursuing its international growth plan in Europe as well. At the end of November, Senvion acquired the EUROS group. The company, with locations in Berlin and southern Poland, covers all areas from rotor blade design and manufacture to master model and mold construction. The production facilities at Warszowice, near Żory, and at Ustroń in Poland were part of the transaction, and Senvion has also taken over responsibility for the manufacturing personnel on site.
To date, Senvion has built its rotor blades in Bremerhaven, Germany, and Vagos, Portugal. Thanks to the additional EUROS sites in Poland, Senvion can control and accelerate the entire production cycle and has expanded its capacity for rotor blades by 25%.
RodPack for more efficient rotor blades
To make sure that Senvion wind turbines are always state of the art, the company has acquired RodPack technology from the Chase Corporation. It is based on cured, pultruded rods on a non-woven fabric, and makes it possible to produce rotor blades that enable better energy yields, longer service lives and use in higher wind classes. The material replaces the standard glass fiber fabrics in the main girders. It is already in use in the Senvion 6.2M152 and is planned for future installation in both onshore and offshore turbines. RodPack technology is used exclusively in Senvion turbines.
"The constant improvement of our turbines and their efficiency is extremely important to us," explained CEO Jürgen Geissinger. "We always do our utmost to use the best and highest-quality materials and products on the market. For us, acquiring RodPack was a logical step on the way to achieving this objective."