China

China

Goldwind unveils 4MW+ turbines for local and international markets

Goldwind launched its new GW155-4.5MW turbine at the recent China Wind Power 2019 exhibition, making the product available to the global market for the first time.

Goldwind released two new turbine models to the market at the China Wind Power conference and exhibition in Beijing
Goldwind released two new turbine models to the market at the China Wind Power conference and exhibition in Beijing

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The leading Chinese manufacturer also launched a new GW136-4.8MW turbine to be sold initially in just China.

The GW155 permanent magnet direct-drive (PMDD) turbine fits into the company’s 4MW "smart wind turbine" product platform.

Goldwind first launched a 4MW+ turbine in November 2017 with a medium wind speed variant rated at 4-4.2MW with a 136-meter rotor. This model was awarded type certification by DNV GL at the conference.

Its new G155 model is designed for low wind speed sites and will be offered with hub heights of 90, 110, and 140 metres.

Elsewhere at China Wind Power, Goldwind launched eight training courses in association with the Global Wind Organisation.

Results

In its first half 2019 results, Goldwind reported a 52% increase in turbine sales, growing from 2GW in the first six months of 2018 to 3.2GW this year. Its 2MW platform remains the most popular, securing two-thirds of the order total.

Revenue for the six-month period also grew 43% from CNY 10.96 billion to CNY 15.7 billion thanks to a growing servicing business.

However, as with its western counterparts experiencing rising sales and revenue, Goldwind’s net profit also fell 22.6% to CNY 1.18 billion.

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