Broadwind Energy Announces $50 Million in New Tower Orders

CICERO, Ill., June 25, 2015 -- Broadwind Energy, Inc. (Nasdaq:BWEN) today announced $50 million in new tower orders from a U.S. wind turbine manufacturer. Broadwind will produce these towers in both its Manitowoc, Wisconsin and Abilene, Texas facilities for 2016 delivery.


Broadwind President and CEO Peter Duprey stated, "With the extension of the production tax credit at the end of 2014, demand for wind towers in 2016 is strong. This is a good start to filling out our capacity for 2016 and we are currently in active discussions on additional orders for 2016 and 2017 production volume."

About Broadwind Energy, Inc.
Broadwind Energy (Nasdaq:BWEN) applies decades of deep industrial expertise to innovate integrated solutions for customers in the energy and infrastructure markets. From gears and gearing systems for wind, oil and gas and mining applications, to wind towers and specialty weldments, to comprehensive remanufacturing of gearboxes and blades, to operations and maintenance services, we have solutions for the energy needs of the future. With facilities throughout the U.S., Broadwind Energy's talented team of nearly 800 employees is committed to helping customers maximize performance of their investments—quicker, easier and smarter. Find out more at www.bwen.com

Featured Product

Parker Wind Power Solutions - Core technologies to help you harness the wind… onshore and offshore

Parker Wind Power Solutions - Core technologies to help you harness the wind… onshore and offshore

Visit Booth #2886 at AWEA Windpower, May 22-25 in Anaheim, CA to see how Parker products, systems and services help you raise performance while reducing risk in wind energy environments. Parker has been on the forefront of windpower for over two decades, with solutions that touch virtually every critical function in the turbine. From integrated lube oil filtration systems and sealing technologies that make drive trains more reliable and bearings operate like new to compact blade pitch actuation systems that maximize rotor efficiency and minimize vibrations in the turbine. Parker has the solutions that make today's advanced and sophisticated wind power plants better and smarter. Case in point? Our high efficiency power conversion systems that deliver optimum power to the grid. While our scalable evaporative cooling system lowers overall system cost with up to 40% higher power throughput.