LM Wind Power

Last updated
LM Wind Power
Company typeSubsidiary
IndustryWind
Founded1940;84 years ago (1940)
FoundersEjner Lorentzen
Aage Skouboe
Headquarters Kolding, Denmark
Key people
Hanif Mashal (CEO)
ProductsWind turbine blades
Owner GE Vernova (2017-present)
Number of employees
~14,000
Parent GE Wind
Website www.lmwindpower.com

LM Wind Power (formerly LM Glasfiber [1] ) is a Danish manufacturer of wind turbine blades, and a subsidiary of GE Vernova. [2]

Contents

History

LM Wind Power was founded in 1940, as Lunderskov Møbelfabrik (Lunderskov furniture factory) in the small town Lunderskov, Denmark. [3] In 1952, they investigated the possibilities of commercial exploitation of glass fiber technology, which made them change their name to LM Glasfiber and abandon their original plan of manufacturing wooden furniture. It was not until 1978 they started making wind turbine blades. [4]

On 11 June 2010, LM Wind Power took part in setting an aviation record. They commissioned the An-225 to carry the world's longest piece of air cargo, as it flew two new 42-meter wind turbine blades from their factory in Tianjin, China, to their test facility in Lunderskov, Denmark. [5]

Organization

LM Wind Power employed approximately 4,505 employees worldwide at the end of 2014. [6] The company is headquartered in Kolding, Denmark and has a global business office in Amsterdam, the Netherlands. LM Wind Power has built production facilities in the major wind energy markets – 13 locations in 8 countries (Denmark, Spain, United States, Canada, India, China, Poland and Brazil). In addition to this, the company has a global network of R&D Centres in Denmark, the Netherlands, and India.

Ownership

From 2001 to 2017, the main stakeholders of LM Wind Power were investment partnerships organized by Doughty Hanson & Co. Ltd., presenting LM as the largest independent blade provider globally. [7] In April 2017, GE Renewable Energy purchased LM Wind Power for a total cost of €1.5 billion. [8] This acquisition facilitated GE's ability to distribute wind energy to customers around the world.

Related Research Articles

<span class="mw-page-title-main">Wind power</span> Electrical power generation from wind

Wind power is the use of wind energy to generate useful work. Historically, wind power was used by sails, windmills and windpumps, but today it is mostly used to generate electricity. This article deals only with wind power for electricity generation. Today, wind power is generated almost completely with wind turbines, generally grouped into wind farms and connected to the electrical grid.

<span class="mw-page-title-main">Wind farm</span> Group of wind turbines

A wind farm or wind park, also called a wind power station or wind power plant, is a group of wind turbines in the same location used to produce electricity. Wind farms vary in size from a small number of turbines to several hundred wind turbines covering an extensive area. Wind farms can be either onshore or offshore.

<span class="mw-page-title-main">Vestas</span> Danish wind turbine company

Vestas Wind Systems A/S is a Danish manufacturer, seller, installer, and servicer of wind turbines that was founded in 1945. The company operates manufacturing plants in Denmark, Germany, the Netherlands, Taiwan, India, Italy, Romania, the United Kingdom, Spain, Sweden, Norway, Australia, China, Brazil, Poland and the United States, and employs 29,000 people globally.

<span class="mw-page-title-main">History of wind power</span>

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<span class="mw-page-title-main">Wind power in Denmark</span>

Denmark was a pioneer in developing commercial wind power during the 1970s, and today a substantial share of the wind turbines around the world are produced by Danish manufacturers such as Vestas—the world's largest wind-turbine manufacturer—along with many component suppliers. Furthermore, Denmark has—as of 2022—the 2nd highest amount in the world of wind power generation capacity installed per capita, behind only neighboring Sweden.

<span class="mw-page-title-main">Tehachapi Pass wind farm</span> Wind farm in the United States

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<span class="mw-page-title-main">Wind power in the United States</span>

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Siemens Gamesa Renewable Energy, S.A. was formed in 2017 in a merger of Siemens' Wind Power division with Gamesa Corporación Tecnológica, S.A.; it is a Spanish-German wind engineering company based in Zamudio, Biscay, Spain. The company has two other main sites in Spain: one in Madrid and the other in Sarriguren. Other than its headquarters, its onshore business is primarily based in Spain, while the offshore business is based in Germany and Denmark. It is the world's second largest wind turbine manufacturer behind Vestas.

<span class="mw-page-title-main">Wind power in China</span> Overview of wind power in China

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<span class="mw-page-title-main">Wind turbine</span> Machine that converts wind energy into electrical energy

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<span class="mw-page-title-main">Wind power in the Netherlands</span>

As of May 2024, wind power in the Netherlands has an installed capacity of 11,611 MW, 40.9% of which is based offshore. In 2022, the wind turbines provided the country with 18.37% of its electricity demand during the year. Windmills have historically played a major part in the Netherlands by providing an alternative to water driven mills.

GE Offshore Wind is a joint venture with Alstom and a subsidiary of GE Vernova, created in 2015 when most of Alstom's electrical power and generation assets were acquired by General Electric. GE's stake in the joint venture is 50% plus 1 share.

<span class="mw-page-title-main">GE Wind</span> American wind turbine manufacturer

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<span class="mw-page-title-main">Renewable energy in the Netherlands</span>

Despite the historic usage of wind power to drain water and grind grain, the Netherlands today lags 21 of the 26 other member states of the European Union in the consumption of energy from renewable sources. In 2022, the Netherlands consumed just 15% of its total energy from renewables. According to statistics published by Eurostat, it was the last among the EU countries in the shift away from global warming-inducing energy sources. The leading renewable sources in the country are biomass, wind, solar and both geothermal and aerothermal power. In 2018 decisions were made to replace natural gas as the main energy source in the Netherlands with increased electrification being a major part of this process.

<span class="mw-page-title-main">Vestas V164</span> Three-bladed offshore wind turbine

The Vestas V164 is a three-bladed offshore wind turbine, produced by Vestas, with a nameplate capacity of up to 10 megawatts, a world record. Vestas revealed the V164's design in 2011 with the first prototype unit operated at Østerild in northern Denmark in January 2014. The first industrial units were installed in 2016 at Burbo Bank, off the west coast of the United Kingdom. By 2021, Vestas had produced 500 of the series.

<span class="mw-page-title-main">Henrik Stiesdal</span> Danish inventor and businessman

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<span class="mw-page-title-main">GE Renewable Energy</span> French subsidiary of General Electric

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References

  1. "LM Glasfiber changes name to LM Wind Power", www.renewableenergyfocus.com, 21 April 2010
  2. "LM Wind Power - Corporate Profile". Archived from the original on 2015-11-13. Retrieved 2015-03-27.
  3. Larson, Aaron (2016-10-12). "GE Is Acquiring World's Largest Wind Turbine Blade Manufacturer". POWER Magazine. Retrieved 2022-09-15.
  4. "About Us – LM Wind Power History". Archived from the original on 2014-03-30. Retrieved 2017-04-24.
  5. Record breaking journey Archived 2010-06-14 at the Wayback Machine Renewable Energy Sources, 11 June 2010. Pictures: Archived 2016-11-09 at the Wayback Machine Archived 2013-06-13 at the Wayback Machine Retrieved: 13 June 2010.
  6. LM Wind Power 2014 annual report
  7. "Home". www.dhpep.com. Retrieved 2023-07-08.
  8. "Latest Power Generation News and Insights". Power Engineering. Retrieved 2023-07-08.