Xinjiang Goldwind Science & Technology, China’s biggest maker of wind turbines, will ship equipment with a capacity of 100 megawatts to the first wind farm in Serbia.
Goldwind will supply 40 sets of 2.5-megawatts each to the wind power project in northeast Serbia and provide engineering and construction services, the Urumqi, Xinjiang-based company said in an e-mailed statement. China-CEE, a fund that backs investment in central and eastern Europe, is among investors in the wind farm.
Construction of the project is expected to be completed by the end of next year, Goldwind said. Financial terms weren’t disclosed.
Goldwind is seeking growth in emerging markets. The company last week secured $300 million from the International Finance Corp. for a 215-megawatt Panama project, which represents Goldwind’s largest international order.