Xinjiang Goldwind Science & Technology Co., Ltd. (“Goldwind” or the “Company”, Shenzhen stock code 002202, Hong Kong stock code 2208), announced, after its wholly owned subsidiary Goldwind International Limited signed a 50MW turbine supply contract with the Romanian company -Mireasa Energies S.R.L. last year, recently the first turbine had been successfully installed, which is also the first Chinese wind turbine installed in Romania as well as Eastern European Market.
The Mireasa project is located in Constanta, Romania’s second largest harbor city. The city is on the west coast of the Black Sea and is 170 kilometers east of Bucharest, Romania’s capital. The Constanta region is one of the country’s most prosperous areas.
Constanta has several benefits, including a temperate climate with an average annual temperature of about 10 degrees centigrade, annual rainfall of 600 to 800 millimeters, and the main attraction for electric generation is its abundant wind.
As it does for all its installations, Goldwind customized its permanent-magnet direct-drive wind turbine to optimize its operating performance for the local conditions, this time for Constanta. The objectives are to make the best use of the wind resources and to provide the most durable long-life performance for each installation, given the location’s environment.
20 units of Goldwind’s 2.5 megawatt wind turbines are expected to be shipped to Romania by the end of 2013. The turbine installations and connections to the local electric grid are to be completed in June 2014. Monsson Alma, a local wind power developer in Romania, will operate the wind farm.
Goldwind’s expansion into Romania’s wind power market marks the next important achievement in the Goldwind’s strategy for international expansion and product localization. As one of the earliest wind power equipment manufacturers in China to expand overseas, Goldwind has been accomplishing good results in its major international markets, including the U.S.A. and Australia, and has been competing and improving its market positions in emerging markets that include Latin America, Africa, and Asia.
To date, Goldwind has ongoing international business in 20 countries on 6 continents. Its high quality wind turbines and services are increasingly recognized and chosen by clients around the world.
Monsson Alma is the largest Monsson Group company, which has developed and constructed wind projects in Romania since 2004. Based on 8 years of experience, with 500 MW projects already in operation and 200 MW projects under construction, Monsson Alma offers a unique opportunity to invest and operate wind farms on the Romanian wind energy market, one of the most attractive markets worldwide. Most of the projects are located in Dobrogea area. Monsson Alma has also developed projects in other regions with good wind conditions, such as Banat and Moldova.
Xinjiang Goldwind Science & Technology Co., Ltd., is the largest manufacturer of wind turbines in China, and among the largest in the world. With strong R&D capabilities, Goldwind is the world’s largest manufacturer of permanent-magnet direct-drive wind turbines, representing the industry’s next generation technology. Goldwind is listed on the Shenzhen Stock Exchange (stock code 002202) and The Stock Exchange of Hong Kong (stock code 2208).
As of December 31, 2012, Goldwind’s accumulated wind power installations exceeded 15 gigawatts, and it has installed more than 12,000 wind turbine units around the world. That wind power generation capacity is equivalent to 12 million tons of coal saved per year or 29.91 million tons of carbon emissions reduced per year or 16.4 million cubic meters of newly planted forest.
