Ingeteam To Open US Wind & Solar Plant

Slated for completion in December 2010, the 100,000-square-foot production facility and office complex will be located in Milwaukee’s Menomonee River Valley. The factory will eventually employee 275 workers, who will manufacture Indar wind power generators, which currently represent an 11 percent share of the world market and Ingeteam converters and solar power inverters.

The Milwaukee plant will produce generators and converters for 1.5 to 5 megawatt (MW) wind turbines and solar power inverters that range from 2.5 kW units for residential use, up to 500 kilowatt (kW) units for utility-scale installations.

“We believe the North American market represents a strategic opportunity because of expectations for growth in wind and solar power,” said Aitor Sotes, CEO of Ingeteam Inc. “Ingeteam is strongly committed to renewable energy and having a U.S. facility will better enable us to serve customers in the U.S. who are already using our equipment on wind farms.”

Ingeteam currently holds 12-15 percent of the global market share for wind power components and expects to expand its global market share by opening its new plant, which will start production in January 2011.