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Another big order to Nordex Balcke-Dürr
1 January 1999
Guangdong Wind Power Co, a utility subsidiary, has ordered 22 wind turbines rated at 600 kW each from Nordex Balcke-Dürr of Germany. The machines will comprise a wind plant at Huilai, on the coast of eastern Guangdong province near Shantou. Finance for the project is coming from a so-called mixed credit loan: half from German overseas aid and the remainder from Chinese commercial sources as local equity and a bank loan, says Nordex Balcke-Dürr's Asia Pacific manager, Karl-Eugen Feifel, from Beijing. A total of 33 Nordex 600 kW units have now been ordered for installation in China. The most recent order, the largest, follows one for nine turbines placed in August and another for two turbines for Inner Mongolia, says Feifel. He has high hopes for the Chinese market. "We're not going to be too far from the government's goal of 1000 MW by 2000. I expect to see 600-800 MW by then, though the implementation time can be difficult to estimate," he says. With relations between China and the West now back on a better footing, soft loans are again available. "The atmosphere is better," says Feifel.
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