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| Parker strengthens focus on renewable sector |
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As a result, we feel that the time is right to bring together the skills, experiences and resources from our operating Divisions in different countries, forming a dedicated team to help our customers capture, convert and control the power of global renewable energy resources.” Parker’s hydraulic, filtration and instrumentation equipment is already widely used in wind turbines, for blade pitch and yaw control, and for shaft braking, where it provides a long operating life, with low maintenance and high levels of overall performance.
“Increasingly, we are being asked by customers to develop complete sub-assemblies or systems that we test and quality control off-site and which can then be easily and quickly installed on-site, almost on a plug and play basis”, points out Kevin Rowe. “This saves our customers time and cost, and ultimately produces a far more efficient and reliable energy generation system, as all of the component parts have been engineered from the outset as integrated units”.
More recently, Parker has become involved in developing solutions for use in offshore wave power systems, using a combination of its variable speed drive and hydraulic technologies, specially modified for underwater use. Kevin Rowe explains, “By integrating the latest drive technology with conventional hydraulic accumulator and cylinder systems, we have been able to help our customer create an extremely efficient wave generator capable of operating for long periods in particularly challenging environments without the need for maintenance.
This is typical of the approach that our new Renewable Energy Team will be taking, as we work with customers to deliver the best possible solutions in this exciting and rapidly growing sector”.
Note for Editors: With annual sales exceeding $10 billion, Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of mobile, industrial and aerospace markets. The company employs approximately 52,000 people in 48 countries around the world. Parker has increased its annual dividends paid to shareholders for 53 consecutive years, among the top five longest-running dividend-increase records in the S&P 500 index. For more information, visit the company's web site at http://www.parker.com, or its investor information site at http://www.phstock.com.
Please send all sales enquiries to: Parker Hannifin Ltd, Sales Company UK, Tachbrook Park Drive, Warwick CV34 6TU |
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