Close Menu
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
LinkedIn X (Twitter) YouTube Facebook
Trending
  • Nikola’s Hydrogen Dreams Dissolve as Assets Head to Auction Block
  • EnviaM ‘Green Bridge’ Exit Underscores Challenges for Germany’s Green Hydrogen Plans
  • French Audit Court Warns Hydrogen Strategy Is ‘Ambitious but Unrealistic,’ Flags Funding Misalignment
  • Alleged Climate Lawsuit Funding Sparks Industrial Backlash Amid Hydrogen Policy Tensions
  • China Approves $780M Green Hydrogen Project in Bayannur as Industry Eyes Scale and Storage
  • Fortescue Shifts Focus from Green Hydrogen as Key Executive Departs Amid Strategic Recalibration
  • McPhy Struggles to Attract Buyers Before Liquidation Looms
  • New NEXO Launches Amid Structural Headwinds in South Korea’s Hydrogen Mobility Push
LinkedIn X (Twitter) YouTube Facebook
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
Energy NewsEnergy News
Home Home - Americas
Green Hydrogen H2 News

Timken to invest more than $75M in renewable energy

Anela DoksoBy Anela Dokso08/12/20202 Mins Read
Share
LinkedIn Twitter Facebook Email WhatsApp Telegram

The Timken Company plans more than $75 million in capital investments through early 2022 to increase the company’s renewable energy capabilities across its global footprint.

To serve Timken’s global renewable energy customers, the company has developed an extensive network of engineering and innovation centers and manufacturing facilities located throughout the U.S., Europe and Asia.

“This has been a breakout year for us in renewable energy markets. Through both innovation and acquisitions over the last several years, we’ve become a leading supplier and technology partner in wind and solar energy and it’s resulting in record sales and a robust pipeline of opportunities. This latest round of investments represents our confidence in the future growth of our wind and solar business as the world continues to transition to renewable energy sources.”

Richard G. Kyle, Timken president and chief executive officer.

Timken will use the $75 million investment to:

  • Expand its LEED-certified manufacturing facility in Xiangtan, China, where it makes engineered bearings for wind turbines.
  • Continue to scale-up its production capacity at sites in Wuxi, China, and Ploiesti, Romania, where Timken manufactures engineered bearings for wind turbines.
  • Consolidate multiple sites into a new, larger campus in Jiangyin, China, to increase production capacity, broaden the product range and improve productivity for precision drives used in the solar energy market.
  • All of the above investments will include advanced automation and manufacturing technologies.

Timken’s wind energy product portfolio includes engineered bearings, lubrication systems, couplings and more. Timken has been active in the wind market for more than 10 years and is now a critical design and manufacturing partner to many of the world’s largest turbine and drive manufacturers.

Timken’s 2018 acquisition of Cone Drive launched the company’s position in the solar energy sector. Timken develops and manufactures precision motion control products that provide solar-tracking system positioning for both photovoltaic (PV) and concentrated solar power (CSP) applications.

“Timken is known throughout the world for our ability to solve our customers’ most difficult friction management and power transmission challenges, and that includes deploying our advanced engineering and manufacturing technologies to help produce the world’s most efficient and reliable wind turbines and solar energy systems. By continuing to invest and advance our technology, Timken will help the renewable energy industry improve efficiency, reduce cost and promote the growth of solar and wind energy sources.”

Kyle.
Share. LinkedIn Twitter Facebook Email

Related Posts

Nikola’s Hydrogen Dreams Dissolve as Assets Head to Auction Block

Nikola’s Hydrogen Dreams Dissolve as Assets Head to Auction Block

11/06/2025
hydrogen

EnviaM ‘Green Bridge’ Exit Underscores Challenges for Germany’s Green Hydrogen Plans

11/06/2025
hydrogen

French Audit Court Warns Hydrogen Strategy Is ‘Ambitious but Unrealistic,’ Flags Funding Misalignment

11/06/2025
Green Hydrogen

Alleged Climate Lawsuit Funding Sparks Industrial Backlash Amid Hydrogen Policy Tensions

11/06/2025
hydrogen

China Approves $780M Green Hydrogen Project in Bayannur as Industry Eyes Scale and Storage

11/06/2025
McPhy Struggles to Attract Buyers Before Liquidation Looms

McPhy Struggles to Attract Buyers Before Liquidation Looms

10/06/2025
Nikola’s Hydrogen Dreams Dissolve as Assets Head to Auction Block

Nikola’s Hydrogen Dreams Dissolve as Assets Head to Auction Block

11/06/2025
hydrogen

EnviaM ‘Green Bridge’ Exit Underscores Challenges for Germany’s Green Hydrogen Plans

11/06/2025
hydrogen

French Audit Court Warns Hydrogen Strategy Is ‘Ambitious but Unrealistic,’ Flags Funding Misalignment

11/06/2025
Green Hydrogen

Alleged Climate Lawsuit Funding Sparks Industrial Backlash Amid Hydrogen Policy Tensions

11/06/2025

Subscribe to Updates

Get the latest news from the hydrogen market subscribe to our newsletter.

LinkedIn X (Twitter) Facebook YouTube

News

  • Inteviews
  • Webinars
  • Hydrogen
  • Spotlight
  • Regional

Company

  • Advertising
  • Media Kits
  • Contact Info
  • GDPR Policy

Subscriptions

  • Subscribe
  • Newsletters
  • Sponsored News

Subscribe to Updates

Get the latest news from EnergyNewsBiz about hydrogen.

© 2025 EnergyNews.biz
  • Privacy Policy
  • Terms
  • Accessibility

Type above and press Enter to search. Press Esc to cancel.