At the top of the Nordic wind turbine foundation market
Even though the foundation may seem like a minor detail in a wind power development project with a EUR 50–200 million price tag, slow progress in foundation design, production and assembly will postpone the day when the investment starts to generate profits. With that in mind, Peikko has created a holistic solution consisting of the design, manufacturing and installation of both gravity and rock foundations.
Since 2014, Peikko has been the technology distributor for more than 1,200 foundations for Nordic wind power projects. Success has come with a simple insight that is easy to relate to, whether you are an investor or a contractor.
‘Any delay in the building process will postpone the day when the investment starts to generate proﬁt,’ Kari Tuominen, Business Director of Peikko’s wind turbine foundation business, noted. ‘It’s not a small detail we are talking about, as the overall price tag of these projects may well reach 1 billion euros.’
In 2012, Peikko started the quest for faster wind power projects by ﬁne-tuning its design, manufacturing and installation process with gravity foundations. The result was quickly noticed and the market share rose quickly. Currently, around 600 wind turbines are built annually in the Nordic countries. One third of these will have Peikko foundations.
‘We have ﬁne-tuned our processes and organisation to be able the meet the needs of demanding large-scale wind park projects. Peikko foundations have been used by many leading manufacturers, such as Vestas, Siemens and Senvion,’ Tuominen added.