Broadwind announces $12 million in new tower orders

CICERO - Broadwind said it has received more than $12 million in new tower orders from multiple wind turbine customers.

Including these new orders, Broadwind has sold about 25% of its full-year 2022 optimal tower production capacity. Broadwind expects to receive additional orders next year's production over the coming months.

"These new tower orders provide increased visibility as we look ahead to 2022, while expanding our relationships with key wind turbine partners," said Eric Blashford, president and CEO of Broadwind. "Given ongoing progress around customer diversification, improved order activity and the potential passage of a production tax credit extension, we expect tower demand will begin to accelerate during 2022."

Broadwind is a precision manufacturer of structures, equipment and components for clean tech and other specialized applications.