Goldwind to build Mainstream Chilean wind energy project

Wind energy in Chile: Goldwind supply 23 wind turbines. Goldwind has signed contracts to supply wind turbines to Ecuador, Chile and Cuba. Chinese companies are consolidating their presence renewable energy in wind power and solar energy photovoltaics.

Xinjiang Goldwind Science and Technology, the second largest wind turbine manufacturer in China, won a contract to supply 23 wind turbines in a wind farm in Chile. The wind power contract represents the second wind Goldwind agreement in South America and have a combined capacity of 34.5 megawatts.

This year the Chinese company won a wind energy contract to supply wind turbines to a wind farm in the country led by the Electricity Corporation of Ecuador.

Xinjiang Goldwind Science & Technology Co., Ltd. ("Goldwind"; SZ Stock Code: 002202, HK Stock Code: 2208), announced that it has entered into an agreement with international new energy developer Mainstream Renewable Power ("Mainstream") to provide Mainstream’s Negrete project (phase one) in Chile with 23 low wind-speed Permanent Magnet Direct Drive (PMDD) wind turbines.

This is Goldwind’s second order from South America. Earlier this year, Goldwind agreed to supply wind turbines and lead construction and commissioning activities as a "one-stop shop" service portfolio for a high-altitude wind farm project in Ecuador, which marks another achievement in Goldwind’s global expansion.

The project will be located in central Chile, about 12 km from Los Angeles city. Goldwind will provide the project with its GW87/1500 low wind-speed PMDD turbines. Goldwind’s GW87/1500 turbines, which have an 87 m rotor diameter and 1500kW rated capacity, were designed and developed to target low wind speed conditions with an average wind speed of 6m/s to 8m/s. The turbine generates 5% more electricity than those with an 82 m rotor diameter.

To date, more than 600 GW87/1500 low wind-speed turbines have been installed. The availability of the turbines connected to the grid exceeds 99%. The turbines are recognized for their high power generation efficiency and low-voltage ride-through capability. As the first low wind-speed megawatt-level turbines in China, Goldwind’s initial installation of three GW87/1500 turbines in Rongcheng, Shandong province, have generated over 14 million kwh of electricity with an average wind speed of 6.1m/s.

Wang Haibo, Vice President of Goldwind and General Manager of Goldwind International, said, "As one of the earliest Chinese wind turbine manufactures going abroad, Goldwind has not only expanded into major overseas markets including Europe, North America, and Australia, but also established its presence in emerging markets such as South America, Asia and Africa. We strive to provide comprehensive wind power solutions including high quality products and services for our global customers, creating exceptional value for them"

Goldwind adheres to its global strategy to build up an international presence through localization. To date, Goldwind has set up more than 10 branches in North and South America, Australia, Europe and Africa, expanding our global footprint.

Earlier this year, Goldwind announced the commencement of the Shady Oaks project in Illinois, the Adama project in Ethiopia, the Mortons Lane project in Australia, and the Villonaco project in Ecuador.

Goldwind is the world’s largest PMDD wind turbine manufacturer striving to become a leading comprehensive wind power solutions provider. Goldwind was among the first in China to provide one-stop wind power services and wind farm investment and operation management. As Goldwind has expanded globally, it has extended its comprehensive wind power solutions to overseas markets.

Xinjiang Goldwind Science & Technology Co., Ltd. (Goldwind) is the second largest manufacturer of wind turbines in China, and the 4th largest globally. With strong R&D capabilities, the company is the world’s largest manufacturer of Permanent Magnet Direct Drive (PMDD) wind turbines, the industry’s next generation technology. Goldwind is listed on both the Shenzhen Stock Exchange (stock code: 002202) and the Hong Kong Stock Exchange (stock code: 2208).

As of September 30, 2011, Goldwind’s accumulated sales capacity of wind turbine reached over 10 GW, equivalent to 8 million tons of coal saved per year, 19.95 million tons of carbon emissions reduced per year, or 10.93 million cubic meters of newly planted forest.

By José Santamarta,