Visit windpowermonthlyevents.com for the latest on our upcoming conferences and webcasts

China

China

Goldwind to develop 6MW direct drive turbine

CHINA: Goldwind has expanded on its aim to develop a 5MW turbine and is developing a 6MW permanent magnetic direct-drive product.

Goldwind looks to move beyond its 1.5MW turbines
Goldwind looks to move beyond its 1.5MW turbines

The 6MW turbines will be developed on the design of the existing 1.5MW and 2.5MW turbines, said Wu Gang, board chairman and CEO of Goldwind, on August 17 in Beijing.

WU said Goldwind will have the first 6MW prototype installed before the end of June 2012.

Goldwind originally planned to finish the design of the 5MW turbines by 2011. So far, it has finished the basic concept design and initiatory load calculation and analysis.

Wu said on June 30, that Goldwind, listed in December 2007 in South China’s Shenzhen Stock Exchange, had raised CHY50million to develop 5MW turbines.

"We have used CHY4.12million to develop 5MW turbines. The remaining CHY45.88million will be applied to develop the 6MW turbines," said Wu.

Also on August 17, Goldwind released its semi-annual report for the first half of the year. Goldwind had about CHY6.3billion operating revenues, up 65.57% over the same period of last year. Its net profit was CHY770 million for the period, up 44.35% year on year. The earnings per share was CHY0.345.

Mr. Wu said that by June 30, 2010, Goldwind had a gross order book of 3,790MW, including 3,652.5MW for 1.5MW turbines. It also has 1,502MW that was won through public tenders but not yet signed official contracts.

The two parts, adding up to 5,292.25MW, could ensure the company to produce and sell turbines for 1.5 years.

Goldwind is flexing its muscles to participate in public tenders for offshore wind power projects, an emerging business kicked off in June in the country.

At present, Goldwind has the annual capacity to produce 3,000 units of 1.5MW/2.5MW turbines in its seven production bases across China and in Germany.

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
Only [DAYS_LEFT] days Subscribe Now

Left of your Windpower Monthly free trial

Your free trial Subscribe Now

to Windpower Monthly has expired

Windpower Monthly Events

Search more than 4,500 companies in the Windpower Directory

Latest Jobs