Spanish power control systems supplier Ingeteam commissioned over 4000MW of wind energy converters globally in 2018.
The company closed the year with a 15% increase in turnover compared to 2017.
Ingeteam wind energy director Ana Goyen said: “The wind industry as a whole has weathered a challenging period in India and Brazil last year.
“That impacted our sales a little, but the slowdown has leveled off and we expect orders to rebound strongly this year.”
Ingeteam has supplied 45GW of installed global wind capacity and maintains 8.6GW.
Going forward, the company said it will benefit from the global wind market’s positive growth outlook, which is becoming competitive with other energy sources in an increasing range of market conditions.
In 2019, the group said it expects to experience steady sales growth, with major gains in all key markets.
Ingeteam’s recent investment in a production factory in India will contribute to solid sales momentum, according to the company.
Goyen said: “This highly efficient production centre is based on a modular design, and boasts agile production lines, so we can swiftly embrace our client needs.
“Our customer-centric approach is really paying off there. We are happy to report that we have delivered our first units in 2018 and that our orderbook is very healthy going forward.”
According to Ingeteam the Chennai factory will supply a quarter of the capacity the company expects to deliver in 2019.
“We can supply equipment from any of our production facilities in Europe, Asia, North and South America, applying the same standards and know-how.
“We can also deliver the most efficient and specialised support and service to clients from our sales and service centres strategically located all over the world,” said Goyen.