United States

United States

US tower uplift as Broadwind wins $27 million deal

UNITED STATES: Tower manufacturer Broadwind Energy has won a $27 million deal from a US manufacturer for delivery this year.

Broadwind was unable to give the manufacturer or the number of towers ordered. However, it marks a potential upturn for tower suppliers in the US after issues with over-supply and cheap imports from Asia.

Speaking about the deal, Broadwind CEO Peter Duprey said: "It is nice to see orders begin to flow as a result of the extension of the production tax credit (PTC). With the PTC renewal modified to include projects that commence construction by the end of the year, we expect better order visibility. We continue to be optimistic about the tower business."

A number of US tower factories closed last year. Over the last year a number of US tower manufacturers have closed plants, including Trinity Industries and Katana Summit.

In January, the US government imposed sanctions of up to 73% on imports from the Far East leading to concerns the US could be facing a supply bottleneck this year, following the renewal of the PTC.

"There is the distinct possibility of a strong rush to secure wind towers," said analyst Dan Shreve, Make Consulting’s US-based partner.

In January, Vestas signed a deal with an unnamed contractor to supply towers in North America from its factory at Pueblo, Colorado.

The manufacturer was unable to state the name of the customer or how many towers would be going to either Canada or the US. The agreement means Vestas will be able to create 100 jobs by the end of Q1.

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