LM Glasfiber signs large blade supply agreement with Goldwind and establishes third Chinese blade factory

The agreement is an extension of the strategic collaboration initiated by LM Glasfiber and Goldwind at the beginning of 2007 and involves a significant increase in shipments of blades of more than 1,100 MW for Goldwind’s 1.5 MW wind turbines from 2009 to 2012.

“Quality and superior technology are the key parameters to us and to our customers, and since we started our alliance with LM Glasfiber in 2007, they have demonstrated that they possess both. We enjoy a fruitful and close collaboration with LM Glasfiber and are pleased to see this partnership being extended further with this agreement that ensures a supply of blades for our strong pipeline of projects,” says Wu Gang, CEO of Goldwind.

In order to supply the many new blades to Goldwind, LM Glasfiber will establish a new blade factory in Qin Huang Dao in North East China. The Qin Huang Dao blade factory is designed to become LM Glasfiber’s largest facility in China. The first phase is expected to be commissioned already in Q4 2009.

“We are very pleased to have extended our cooperation with Goldwind with this new agreement. It gives recognition to the value LM Glasfiber creates for our customers in China. A value proposition that will be significantly strengthened when we open our new large state-of-the-art blade factory in Qin Huang Dao.

Thanks to the excellent cooperation with the authorities in Qin Huang Dao we have been able to locate the factory ideally to serve our customers’ demand and with excellent in and outbound logistics at the same time,” says Roland M. Sundén, CEO of LM Glasfiber.