Enercon, the world’s number-three wind turbine producer, last year posted revenues of about €3.9bn ($5.4bn) and is upbeat that turbine installations will rise further as the company continues its international expansion, managing director Hans-Dieter Kettwig told Recharge.
Kettwig gave a rare insight into the company’s finances
after a presentation at the Hanover industrial fair this week. Yet he declined
to give profit figures for the company, which is owned by a family foundation and
customarily doesn’t disclose detailed financial data.
Last year, 3.67GW of wind turbines from the Aurich,
northwestern Germany-based manufacturer were installed across the globe,
Kettwig said, of which 41% were built in Germany and 59% outside.
Installed capacity during the first quarter of this year
rose to more than 700MW, from slightly less than 500MW last year, Kettwig said,
prompting the company to be optimistic about its future expansion.
“You can see that also for 2014 we are very optimistic, and
even a bit more optimistic for 2015,” Kettwig said during his presentation to
hundreds of clients and visitors at the Hanover fair.
In a slide, Kettwig pointed to expected installations of
more than 4GW each for 2015 and 2016, with a slightly higher volume for 2016.
For installations in the German home market, Enercon gave a
rough estimate of 2GW for 2015 and 2016 combined. For Northern Europe, the
company estimates 670MW in installations in the period, another 400MW in the
rest of central Europe, 300MW in Portugal and Spain, 500MW in Greece and Turkey,
650MW in Austria and Eastern Europe, and 50MW in the Baltic states.
In Asia, Enercon sees only 200MW in installations in the
two-year period, but another 650MW in Canada, where the company has been
expanding rapidly in recent years. Another 265MW are expected in Latin America.
Kettwig stressed that Enercon doesn’t need to enter the
offshore wind business as it sees a continued strong onshore expansion during
the next five to ten years. Also, starting in 2016/2017, he expects a wave of
repowering to take place in the German market.