Technologically advanced bearings accommodate larger fan sizes and maximize efficiency and durability.
The Timken Company recently announced that the company will design and supply the main shaft bearings for the Haliade-X, the world's strongest offshore wind turbine produced by GE Renewable Energy. Each Haliade-X turbine has a capacity of up to 14 MW and can produce 74 GWh of clean energy per year. The first Haliade-X wind turbines are expected to be installed in 2023.
"This is a milestone for a new phase in wind turbine technology, and we are honored to play an important role in it," said Andreas Roellgen, Timken vice president, Europe, Asia and Africa. We will use our technical problem-solving expertise and long history of engineering innovation to help them overcome their challenges.”
Timken's first wind turbine project with GE was to provide bearings for the 6 MW Haliade 1, the predecessor of the Haliade-X. Later this year, 80 Haliade 1 wind turbines with Timken® bearings will be commissioned at the Parc du Banc de Guérande offshore wind farm in France.
In 2021, The Timken Company achieved double-digit revenue growth in the renewable energy market for the fourth consecutive year. The company recorded record sales in the wind energy sector last year and is expected to continue its success in the years to come. Over the past five years, Timken's wind energy sales have grown at more than double the compound annual growth rate of the global wind energy market over the same period. As the continued growth of the wind energy industry drives the demand for related equipment and services in the global market, Timken is sure to gain more business opportunities.
To support future growth, Timken has made targeted capital investments, including a total of $75 million through 2022 to increase the company's production capacity to serve the renewable energy industry globally. Renewable energy has become Timken's largest single end-use segment in 2021, accounting for 12% of the company's total sales.
