The Timken Company, a global industrial leader in engineered bearings and power transmission products, has been selected as the exclusive provider of advanced precision drives for the Redstone Solar Thermal Power project in Northern Cape, South Africa. BrightSource Energy chose Timken’s solar-tracking technology, developed by its Cone Drive business, to properly position Redstone’s heliostat mirrors to reflect the sun’s rays. The facility will store the thermal energy it collects in molten salt and convert it to electricity for delivery to South African consumers day and night. Timken’s contributions to Redstone demonstrate its commitment to advancing environmental sustainability through product innovation, operational excellence, and technology. The company has invested heavily in research and development for the solar energy market sector, building strong manufacturing, engineering, and testing capabilities in both the United States and China.
Renewable energy, which consists of both solar and wind, is Timken’s single-largest end-market sector, representing approximately 12 percent of total company sales in 2021. The Timken Company (NYSE: TKR; www.timken.com) designs a growing portfolio of engineered bearings and power transmission products. With more than a century of knowledge and innovation, we continuously improve the reliability and efficiency of global machinery and equipment to move the world forward. Timken posted $4.1 billion in sales in 2021 and employs more than 18,000 people globally, operating from 42 countries.