Samsung Heavy Industries has advanced into the wind power generation facility market, and aggressively operated businesses based on its world-leading shipbuilding technology.
SHI is applying the expertise it built during its decades of work in the shipbuilding sector to blades, the core part of wind power generators, as well as to the control systems that determine the performance of wind power generators. It has also created synergies in the facility installation area by utilizing the technological capability of its construction business unit, which has completed large-scale civil engineering and plant construction projects.
SHI's power generators are gaining the attention of US and Canadian power business operators that want to increase their market share, as they deliver more than 10% higher power generation efficiency and five years longer lifecycle than comparable US-made products. In November 2009, SHI delivered its 2.5MW-class wind power generator, which was the first wind power generator manufactured in Geoje Shipyard, to Cielo, a US-based firm, marking Korea's first export of wind power generators. In addition, SHI is already working to develop a wind power generator carrier, a first in the industry, and has reviewed plans such as the development of wind-powered ships and floating-type wind power generation complexes.
Following the establishment in May 2009 of its wind power generator sales office in Houston (US), SHI plans to establish offices in Portland (US) and Germany in 2010 and 2011, respectively, and also to launch logistics and A/S centers in 2011, in order to fully advance into the US and European markets, the world's largest wind power generation markets.
SHI has set the mid-term target of achieving the world's seventh largest market share of 10% by 2015, by achieving annual production of 2.5 MW-class in-land and marine wind power generators of KRW 3 trillion. To achieve this target, SHI will build an assembly plant with an annual production capacity of 1,600 units.