November 5, 2014
Spain

Eozen goes into liquidation

3 November 2014 by Michael McGovern, windpowermonthly.com

Eozen, a Spanish licensee of turbine technology controlled by Goldwind, has become the latest casualty of the government’s anti wind power reforms.

In 2008, at the height of Spain’s wind boom, Eozen became Spain’s new turbine industry hope as the only domestic producer of permanent magnet gearless turbines. The 1.5 MW technology was licensed by German designer – and Goldwind subsidiary – Vensys.

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Eozen comprised local public and private stakeholders and aimed at creating 500 jobs in the depressed Marqueseda del Zinete area of Granada, where it operated a 400MW blade and nacelle facility.

But large projects aiming to use Eozen turbines arrived too late to enter the Spanish government’s wind power quota, enforced 2009. Turbine sales were mainly limited to small export projects, the largest being a 12MW plant in Madeira.

Plans to produce 300 blades for other Vensys licensees were scuppered by Spanish bank Bankia’s broken promise to provide finance, claims a provincial spokesman of trade union UGT. Remaining assets are now up for liquidation.

URL to article:  https://www.wind-watch.org/news/2014/11/05/eozen-goes-into-liquidation/