Sinovel unveils plan for wind turbine plant

31 August 2010 , Be the first to comment

CHINA - Sinovel Wind Group has announced plans to invest 3 billion yuan (£285 million) in a plant to produce turbines for the domestic and international market.

In a statement, the Shanghai municipal government said that construction of the Lingang plant would start in February 2011 and that it would be completed the following July.

The plant will produce 5MW, 5MW and 10MW turbines and have an annual capacity of 1.5GW.

Sinovel said in March it plans to raise 3.5 billion yuan in an initial public offering on the Shanghai Stock Exchange.

blog comments powered by Disqus

Windpower Monthly Events

More events

Latest Jobs

Proposals Manager. The Netherlands Proposals Manager. The Netherlands Viridium Associates Netherlands
Tender Manager. The Netherlands Tender Manager. The Netherlands Viridium Associates Utrecht (stad)
Wind Analyst Wind Analyst ERSG South West England
Electrical Commissioning Engineer - GERMAN SPEAKER REQUIRED! - Germany Electrical Commissioning Engineer - GERMAN SPEAKER REQUIRED! - Germany ERSG Germany
Project Manager - Vessels - Offshore Wind - CONTRACT - UK based Project Manager - Vessels - Offshore Wind - CONTRACT - UK based ERSG North West