TPI Composites extends and expands supply agreements with Nordex in Türkiye
TPI Composites, Inc. (TPI) (Nasdaq: TPIC), a leading global company in sustainable and innovative solutions, announced today its expanded supply agreements with Nordex in Türkiye. These amended agreements involve adding two new manufacturing lines, increasing the total capacity under contract with Nordex in Türkiye to eight lines. This expansion aims to meet the growing demands of both domestic and export markets and extends the partnership through 2026.
A Decade-Long Collaboration with Nordex Enhanced
TPI’s President and CEO, Bill Siwek, expressed satisfaction over the expanded relationship with Nordex in Türkiye, building upon a decade of successful collaboration. This extension is set to deliver cost-effective solutions to Nordex’s European market, including Türkiye.
TPI’s History of Wind Blade Manufacturing in Türkiye
Since 2013, TPI has been manufacturing wind blades for Nordex in Türkiye, contributing significantly to the renewable energy sector. This extension reinforces TPI’s commitment to providing innovative solutions for decarbonization and electrification.
TPI Composites’ Global Footprint in Renewable Solutions
TPI Composites is dedicated to delivering high-quality, sustainable composite solutions and has established a significant global presence. Headquartered in Scottsdale, Arizona, TPI operates factories in the U.S., Mexico, Türkiye, and India, with additional engineering development centers in Denmark and Germany and service training centers in the U.S. and Spain. This global network underlines TPI’s commitment to driving renewable energy solutions worldwide.
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