The Indian uptick

While European manufacturers exercise caution when discussing Asian market expansion, the uptick in Indian sales continues. Although with India offering a potential wind energy market value of almost $4bn, perhaps it shouldn’t be that surprising.

What is surprising however, is where this market potential resides – in the repower market.

While many Indian wind farms were initially built to take advantage of lucrative local tax incentives and lenient land permits, relatively little consideration was given to their future maintenance and upkeep. As a result, many of the turbines are already nearing the end of their working life – a coup for the European manufacturers who can supply new turbines onto existing, pre approved sites.

Given, the increasingly complex legislation that manufacturers, developers and consultants are facing within Europe, it’s easy to see the Indian incentive.