Moventas North America has introduced a financial solution with their Condition Monitoring Lease Program that converts the upfront installation costs for condition monitoring into a monthly payment for wind farm owners.
Additionally, this program translates condition monitoring from a hardware only business to a complete life-cycle service. A strong majority of all new wind turbines are sold with advance condition monitoring on the drivetrain, but unfortunately, a large majority of the existing fleet of forty thousand wind turbines were built without this valuable technology. The lease payment removes barriers to the deployment of condition monitoring hardware, 24/7 analysis by technicians, nationwide multi-brand boroscoping and a complete suite of multi-brand up-tower repairs for the North American fleet.