Senvion shuts Canadian plant

PowerBlades, a subsidiary of Senvion, is closing its Welland blade factory in Canada with the loss of 136 jobs.

Senvion said that the reason for the closure was a lack of future projects, the local Welland Tribune reported.

The paper quoted Helmut Herold, managing director North America of Senvion as saying the company had completed work on all of its orders and there weren’t any indications of new contracts in the future.

Senvion said PowerBlades had completed all of its blade production associated with Senvion’s Ontario Feed-In-Tarriff (FIT), adding that closing down the blade facility was a last option.

However, unacceptably high financial risks made the move a necessary one due to the reduction in near-term demand from regional markets that Senvion was planning to serve from its Ontario facility, the local paper reported.

Image: Senvion