Bevel-helical speed reduction gearboxes B4 eating element heating elements heating element B4-FH15A

Flender/Flender Gear Units/Bevel-helical speed reduction gearboxes B4

wholly owned com-pany. 1Last year, contract was agreed for thedelivery of 2 NM 7/4 turbines to India in2 and 2. The Chinese market is still biding its time. However, this market holds appreciablepotential, and NEG Micon has built up astrong position via the establishment of anassembly factory in China, which was openedtowards the end of 2.Turnover in Japan in 2 matched the rela- tively modest expectations, and favourabledevelopment is expected to continue in themedium to long term. NEG Micon is strongly positioned in Japan, with its own subsidiary and good networkof partners. At the end of the year, the Groupreceived an order for 2 NM 1C/6 tur-bines for delivery in 2 and 2. Project development The Groups project development activities arecarried out in close collaboration with &NWind Power, and these activities have gene-rally run satisfactorily. However, viewed in iso-lation, the financial result for & WindPower did not match expectations for 2.The reasons for this are principally delays inthe development of projects outside Europe -in the United States in particular. The Groups profile with regard to project development has proved to be an advantagein relation to increasing international collabo-ration with project developers. Against thisbackground, the Group anticipates being ableto continue and extend its activities in thefield of project development. These will natu-rally be balanced against existing needs andopportunities on the individual markets. The value of commanding project develop- ment skills was highlighted when, shortlyafter the close of the financial year, &NWind Power entered into an agreementconcerning the development of project atNevada Test Site. NEG Micon has an increasing international collaboration with project developers. 1[Products and product development] areas. In addition, the turbine will be up- graded to high-wind model, wind class 1. Before serial production was initiated, the NM 9/5 was thoroughly tested. Thetesting involved t