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Goldwind affirms commitment to US market

CHINA: Goldwind chairman Wu Gang has affirmed the company's commitment to the US market despite the oncoming expiry of the production tax credit.

Speaking to Windpower Monthly at the Husum Windenergy show, Wu said the company remained committed to the US and was in it "for the long haul". He also believed the US would return some form of support for renewables.

Goldwind was the first Chinese company to make a major investment in the US with the acquisition of the 100MW+ Shady Oaks project in Illinois in late 2010. The project is now up and running.

Wu's comment comes as major manufacturers Vestas and Siemens have begun making job cuts in the US ahead of the PTC's expiry at the end of the year.

In addition, Wu denied previous reports that Goldwind would enter the European market. Last year, the Portuguese press agency Lusa said the company was preparing to open a plant capable of producing 800 units a year.

Wu said Goldwind had no ambitions in Europe and was comfortable leaving this to technology partner Vensys.

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