The Switch welcomes new shareholders

The Switch Engineering Oy, Finland-based special electric machine and high-power converter product supplier, is excited to announce that majority shareholder Japanese marine electrical machinery supplier BEMAC Corporation, in partnership with global trading and investment company Mitsui & Co., Ltd., has acquired 100% of the shares in The Switch. The Switch is well known for its…

What makes an optimal wind turbine?

During 2011, permanent magnet machine manufacturers experienced moments of fear. The prices for rare earth materials were spiraling upwards uncontrollably. Since then, the situation has stabilized to a level slightly higher than before the crisis. But what’s the overall situation right now?

Breezing through production

In 2018, the offshore wind market grew by 0.5% to 4.49 GW of new installations, and the total installed wind capacity saw an increase of 9.6% compared to the end of 2017. So, what kind of effect this had on our ongoing production efforts?

Blossoming in 2019

Our fiscal year is not the calendar year. Instead, it runs from March 1 through the end of February, as is typical for many Japanese companies. The Japanese new year starts with the blossoming of cherry trees. And, similarly, our business has been flourishing, too. Our revenue has grown and our profitability improved during the past fiscal year.

Preparing for the pathway to grid parity

The key message of China Wind Power 2018 was “Preparing for the pathway to grid parity.” Technological innovation and lowering the cost of energy are the two main ways to tackling the challenges of grid parity.