Doosan Korean Localization, Turbine Manufacturing in Vietnam

Doosan is localizing production of 10 MW wind turbines in Korea, aiming to increase the localization rate of components to 70 percent by next year. IPS has acquired the assets of ABB Industrial Services Business Unit. And Dongtam Group invests 200 million in a wind power equipment factory in Vietnam. Sign up now for Uptime Tech News, our weekly email update on all things wind technology. This episode is sponsored by Weather Guard Lightning Tech. Learn more about Weather Guard's StrikeTape Wind Turbine LPS retrofit. Follow the show on Facebook, YouTube, Twitter, Linkedin and visit Weather Guard on the web. And subscribe to Rosemary Barnes' YouTube channel here. Have a question we can answer on the show? Email us! Pardalote Consulting - https://www.pardaloteconsulting.comWeather Guard Lightning Tech - www.weatherguardwind.comIntelstor - https://www.intelstor.com Allen Hall: I'm Allen Hall, president of Weather Guard Lightning Tech. And I'm here with the founder and CEO of IntelStor, Phil Tutaro. And this is your Newsflash. Newsflash is brought to you by our friends at IntelStor. If you want market intelligence that generates revenue, then book a demonstration of IntelStor at IntelStor. com. Doosan Enerbility has announced plans to localize 10 megawatt class wind turbines as part of a national project. The company is collaborating with four public power companies. and five small and medium sized enterprises. The project aims to increase the localization rate of components to 70 percent by next year with demonstrations planned after 2027. Phil, a 10 megawatt turbine is a big enterprise to try to complete. Is Doosan ready for that? Philip Totaro: Yeah, this is a great question because obviously Doosan as an industrial conglomerate in Korea, they've got a significant amount of experience with, building, and, and system integration. And for those that aren't familiar, Doosan also has in the past licensed wind turbine technology. And designs from different Western companies, including American Superconductor where, they've got I forget precisely the number of turbines, but it's, maybe a couple hundred in, in and around Korea that, that they operate. They're spending, what they're saying, is gonna be about 50 billion Korean won on this, which is a substantial chunk of, of money to, to put behind an R& D project to get a, a 10 megawatt turbine built. And really why they're doing it is because they want to, if, if people haven't been paying attention, there was a recent announcement between another Korean company, Unison where they're going to increase their collaboration and bring, Chinese developed technology into the Korean market. So, Doosan being I guess, patriotic national company wants to wants to be able to counter that, that move and develop their own, kind of homegrown or at least somewhat home developed technology, even if it, if it comes from a,