Electrical Transformers

Transformers are used to reduce or increase the voltage of electricity traveling through a wire. They are a critical component to the operation of any electrical transmission and distribution (“T&D”) system. Transformers are used by:

• utilities for construction and maintenance of their power networks,
• industrial companies to supply electric power to factories and machinery, and
• the construction industry to connect new homes and buildings to the electricity grid, as well as to step-down voltage for use by specific equipment types.

Growth in our business has historically been driven by expansion project spending in the public utility grid, as well as by investment in commercial and residential construction. In future years, demand for our products should also benefit from:

• the need to replace and upgrade a significant portion of the aging equipment that comprises the North American power grid,
• regulatory initiatives intended to improve system stability, efficiency and reduce emissions,
• new policies promoting power generation by independent producers and from renewable energy sources.

Wind Turbines

The wind turbine industry is an outgrowth of worldwide imperatives to harness alternative energy sources in light of increasingly volatile oil, gas and coal prices, increasing awareness of the effects of climate change, and rising energy demand from developing countries.

We supply utility-scale wind turbines, provide operations and maintenance services and financing options for our high capacity wind turbines, as well as for models made by other manufacturers. Pioneer Wind’s focus is on North American energy projects typically requiring one to three wind turbines in the following market segments:

• Community Wind – municipalities, universities and governmental organizations,
• Industrial – energy and manufacturing customers.