Lucintel Newsletter

Business News by Lucintel

Bookmark and Share

Monday, June 6, 2011

Leading Chinese Wind Turbine Maker Signs Deals in U.S. to Explore Overseas Market

Xinjiang Goldwind Science and Technology Co. Ltd. (Goldwind), a leading Chinese wind turbine maker, apprised that it had signed deals with four large international component suppliers, including three in the United States.

The deals were signed at Windpower 2011 in Anaheim, California of the U.S. "This is a forceful measure of ours to cultivate a global supply chain in a bid to explore the overseas market," Wu Gang, chairman and CEO of Goldwind, added.

Goldwind signed a three-year cooperation deal with The Timken Company (Timken), an Ohio-based bearings manufacturer. Timken will provide Goldwind with a range of technical services, products and aftermarket support for the development, supply and maintenance of advanced wind turbine components and systems. In 2010, Timken signed a 26 million U.S. dollar deal to provide bearings for Goldwind's 1.5MW and 2.5MW turbines.

Another partner is North Dakota-based LM Windpower, which will provide blades for Goldwind's projects in the Americas for 2011.

The deal establishes that LM will manufacture blades for Goldwind's 1.5MW and 2.5MW permanent magnetic direct drive platforms. LM is now Goldwind's preferred blade supplier and Goldwind is LM's biggest customer globally.

Goldwind also signed a contract with Broadwind Towers, a tower fabricator with a factory in Texas and another in Wisconsin. Both factories will make tower components for Goldwind's Shady Oaks project in Lee County, Illinois, as well as other projects in the Midwest.

Aside from the U.S. companies, Goldwind signed an agreement with the Switch, a Finland-based provider of megawatt-class permanent magnet generator (PMG) and full-power converter (FPC) packages for wind power, for it to continue delivering its FPCs to Goldwind. The Switch has been a supplier of Goldwind over the past five years.

No comments:

Post a Comment