TPI Composites and ALKE ÎN?AAT have formed a joint venture company in Izmir, Turkey to manufacture large composite wind turbine blades. TPI will own 75 per cent of the joint venture.
The new joint venture, TPI Kompozit Kanat Sanayi ve Ticaret A.S., will commence operations immediately from a 355,000-square-foot building in Izmir. With convenient access to both land and water transportation, the facility is located to serve the Turkish wind market and to export blades to southern and eastern Europe and northern Africa. TPI Composites will control and operate the Turkish joint venture. TPI Kompozit will provide blades to key customers based on multi-year commitments. The JV will initially employ 350 people with the opportunity to triple the number of employees as the wind energy market in Turkey and eastern Europe expands.
The new joint venture, TPI Kompozit Kanat Sanayi ve Ticaret A.S., will commence operations immediately from a 355,000-square-foot building in Izmir. With convenient access to both land and water transportation, the facility is located to serve the Turkish wind market and to export blades to southern and eastern Europe and northern Africa. TPI Composites will control and operate the Turkish joint venture. TPI Kompozit will provide blades to key customers based on multi-year commitments. The JV will initially employ 350 people with the opportunity to triple the number of employees as the wind energy market in Turkey and eastern Europe expands.