TPI signs long-term agreement with Acciona

Acciona intends to export these blades for projects around the world including North America. TPI will also manufacture high-precision moulds and assembly systems to produce Acciona’s blades at TPI’s recently announced advanced composite tooling facility in Taicang.

“TPI is excited to continue to support new customers on a global basis, and this agreement with Acciona validates the strength and value of TPI’s dedicated supplier model,” said Steve Lockard, president and chief executive officer of TPI Composites. “The Acciona Group is one of the largest developers and owners of wind power projects in the world, and we are looking forward to supporting its expanding wind turbine business globally. Acciona’s strength and success is demonstrated in its recent 300MW order in the US.”

TPI has been operating in China (Taicang, Jiangsu) since 2008 and is expanding its facilities with the addition of its Dafeng, Jiangsu facility. The location allows TPI to serve multiple customers and cost-effectively deliver products to the Chinese and export markets. TPI has manufactured tens of thousands of high-quality wind blades over a decade in Asia, Europe, and North America.