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Bearings Industrial News >>Timken in wind turbines field by far the biggest an investment."

Timken in wind turbines field by far the biggest an investment."

Last year, the world¡¯s third largest bearing manufacturer iron Tim Ken company (Timken) in China was established and a factory opening. Different from before, this with hunan electric shares jointly established a joint venture company has a very special orientation: specialized in the production of large wind bearings.

"This is Timken in wind turbines manufacturers field by far the biggest an investment." Came to attend the opening ceremony Timken executive vice President and bearings and power transmission group President Michael Arnold said "focus on the development of China¡¯s market is our global strategic priority. Therefore, we will pay attention to those of China is especially important industry."

In fact, as early as in May last year, the investment of $39 million factory has delivered the first products: hunan electric wind specially make super large wind generators spindle bearing. Similarly. The world¡¯

s second largest bearing wind generator giant SKF was also recently stepped up its investment in China, announced the investment of 400 million kronor (about producing 6,100 million dollars) in dalian, a new medium bearing company for "renewable energy, engineering processing" etc services.

This is only foreign wind manufacturers an epitome of China fight again. In addition to the above master high-level technology research component manufacturers outside, wind power equipment machine manufacturers move more provoking attention.

2009 wind foreign collective retreat of tide voice has not far away, why again so quickly back?

Global wind power market wind power generation recession perhaps is a very important factor. Only two years kung fu, wind power has by the hottest regression insipid. This year, America¡¯s installed capacity may only half as much as last year slightly more, European new wind field demand will also decline 14 ~ 15%. So gloomy market, will certainly bring performance downward. 2010 in the first quarter, GE energy business income is $72 billion, compared with the same period last year fell 7%, including wind business income fell by 20%, Over the same period, the gross income of tower si Daniel alves is only 7.55 billion euros, 32 percent year-on-year drop.

Seem to only if China market continues to boom. According to the "China released by wind development report windmill generator 2010" shows that 2009 national new wind installed capacity 1380 million kilowatts, ranking first, accumulated the installed capacity ranks second in the world, By 2010, global every three newly installed wind generator, there is one in China. According to industry insiders predict, by 2020, China¡¯s wind installed capacity will be far more than the current preliminary plan of 1.5 million kilowatts, reach 2 ~ 3 million kilowatts.

One branch of the China market apparently became foreign titans in eyes of saivation." Since this year, including GE, wes tower si, foreign wind power equipment giants, everyone started to lower prices seizes the market, some fell even closer to 20%. So, rely on what to support prices fell after the low cost?

Localization becomes an inevitable choice - especially in "70% localization rate" limit make cancelled later. As the world¡¯s biggest wind turbine manufacturers of India crash energy Co., LTD, is Abram said localization make their production costs and China domestic manufacturers gap from 20% to 5% - competitiveness cans be imagined.

The only worry is that, if Chinese wind power market than expected in saturated faster, growth limited to stagnation, these strived to foreign investment, and where to go?

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