28 May 2013
28 May 2013
The report says that consumption of composite materials in the Indian wind energy industry is forecasted to grow 12.8% per year between 2013 and 2018.
Composite Insights believes there is an enormous opportunity for raw materials used in the fabrication of fibre-reinforced plastics (FRP) products in Indian Wind Energy Industry as the demand for composite materials in the Indian wind energy industry has continued its growth momentum till 2011. However, in 2012, the industry was affected by the withdrawal of two key incentives by the government-accelerated depreciation and generation-based incentive.
Between 2007 and 2012 around 11,931 MW of new wind capacity was installed. Composite Insights forecast that during the next six years period around 22,053 MW of new wind capacity will be installed, representing a 85% growth. It is estimated that around US$805 million worth of composite materials were used between 2007 and 2012. Followed by growth of new capacity, during the next six years the consumption of composite materials is expected to grow 96% to US$1,576.
The company say that the research report “Indian Wind Energy Composites Industry 2013-2018: Trend, Forecast and Opportunity Analysis” highlights the opportunities for composite materials in Indian Wind Energy Industry; provides current and future demand for various raw materials.
Sharp & Tappin has installed and commissioned a Compcut 200 composite plate saw at Renault Sport Racing in Enstone, Oxfordshire, UK.
Electric GT Holdings and SPV Racing recently unveiled the race-ready version of the EPCS V2.3 Tesla P100DL at Circuit de Barcelona-Catalunya. The car features lightweight body parts made using Bcomp's ampliTex and powerRibs natural fibre composite reinforcement products, contributing to a 500 kg weight reduction over the road edition.
UK company Codem Composites has provided key bodywork components to support the F1 team Sahara Force India.