Wind power Sinovel Project Settling in Shanghai LINGANG Industrial District

The Signing Ceremony in respect of the Project: Shanghai LINGANG Wind Turbines Industry Base of Sinovel Wind (Group) Co., Ltd, was hold in Dongjiao State Guest Hotel, Shanghai. Ai Baojun, Vice Mayor of Shanghai Municipal Government, attended the ceremony, where Xiao Guiyu, Deputy Secretary General of Shanghai Municipal Government, delivered a speech, and both Han Junliang, Board Chairman & CEO of Sinovel Wind (Group) Co., Ltd, and Xue Hong, Board Chairman of Shanghai Minlian Lingang United Development Company, made orations.

Shang Yuying, Deputy Director of Shanghai Municipal Commission of Economy & Informatization, Shi Qianghua, Associate Inspector of Science and Technology Commission of Shanghai Municipality, and Guo Yikan & Nai Shengjin, Deputy Directors of Administrative Committee of Shanghai LINGANG Industrial District, were present at the ceremony, which was presided by Zhu Jiajun, Deputy Director of Administrative Committee of Shanghai LINGANG Industrial District.

Sinovel Wind (Group) Co., Ltd was incorporated in February, 2006. Growth in 4 years built Sinovel up as the leader in wind power equipment manufacturing industry, in China.

It is reported that its newly-installed capacity reached 3,510,000 KW in 2009, ranked as No. 1 in China and No. 3 in the world. On June 8, 2010, 34 3MW offshore wind turbines, the very 1st national level offshore wind farm demo project, with the most advanced technologies, which are among the mainstream products in the world and independently developed by Sinovel Wind Co., Ltd, were installed successfully at the 10 MW offshore wind farm of Shanghai Donghai Bridge and moreover, all completed commissioning and were put into operation.

Besides, the 5MW wind turbines researched & developed by Sinovel will be produced in the 4th quarter of 2010 and meanwhile, 6MW wind turbines will retire in the 2nd quarter of 2011.

Phase I for the Project of Shanghai LINGANG Wind Turbine Industry Base of Sinovel Wind (Group) Co., Ltd located in Shanghai Minhang Economic & Technological Development Zone (Lingang Park) covers 225 acres; total investment amounted to RMB3 billion Yuan.

Upon the completion of Phase I, this Base would be a high power venue with core competitiveness, integrating large-scale final assembly, testing, and training, with respect to high power series of offshore wind turbines, e.g. 5MW, 6MW, 10MW, and above.

LINGANG Industrial District always sticks to development of “equipment manufacturing and strategic emerging industries”; on the basis of this principle, Shanghai Wind Turbine Industry Base is in embryonic form. By virtue of comprehensive advantages hold by LINGANG Industry District, the Project of Shanghai LINGANG Wind Turbine Industry Base of Sinovel Wind (Group) Co., Ltd will swiftly escalate synthetic competition force of China in regards to independent research & development, production, installation, and maintenance of large-scale offshore series of wind turbines; hence, it is significant to quick growth of China’s wind energy industry.

Sinovel Wind Group Co., Ltd. is the first high-tech enterprise in China engaged in independently developing, designing, manufacturing and marketing large-scale onshore/offshore series wind turbines which could adapt to different wind zones and environment.

With robust growth, Sinovel manufactured and erected 1,403 MW wind turbines in 2008, which made it rank No. 1 in China and No.7 in the world. In 2009 the newly installed capacity of Sinovel was 3,510 MW, remaining No.1 in China and ranking No.3 in the world.

With the belief of “Challenge, Innovate, Transcend” as core corporate culture, Sinovel is dedicated to providing clean energy for the world, and focuses on technological innovation, localization, scale production, and internationalization as key development strategies.

Sinovel has always been a leading innovator in China’s wind power equipment manufacturing industry —first to introduce the international advanced MW-level wind turbine technology, first to complete a localized supply chain for MW-level wind turbines, first to achieve the localization and scale production of MW-level wind turbines, first to develop a full range of 1.5 MW turbines adaptable to a global variety of wind resources and environmental conditions, first to develop and market the global-mainstream 3 MW onshore/offshore series wind turbines with the latest technology and independent intellectual property, and first to successfully finish the R&D of 5 MW wind turbines with independent intellectual property.

Sinovel provided all the 34 sets of 3MW wind turbines for the Shanghai Donghai Bridge offshore wind farm, the first offshore wind farm outside Europe and the first one in China, and all the turbines have been connected to the grid and put into operation.

In addition, Sinovel is building the "National Offshore Wind Power Technology and Equipment R&D Center" which has cutting-edge technologies, state-of-the-art equipment, and leading R&D and laboratory capabilities.

Looking forward, Sinovel will continue to meet challenges, pursue excellence in a pioneering and creative spirit, and strive to build itself the most competitive wind power equipment manufacturer in the world.

www.sinovel.com