Goldwind recently announced that it has reached an agreement with the European wind power developer Volkswind USA on the wholly-owned acquisition of Musselshell wind farm project in Montana with a total capacity of 20 MW. The project is expected to be completed before the end of 2012. So far, Goldwind has acquired 14 projects in the Americas market, the total project capacity in overseas markets reaches more than 300 MW.
About Goldwind
Xinjiang Goldwind Science & Technology Co., Ltd. ("Goldwind") is the second largest manufacturer of wind turbine in China, and the 4th largest globally. With strong R&D capabilities, The Company is the world's largest manufacturer of Permanent Magnet Direct Drive ("PMDD") wind turbines, representing the industry's next generation technology. Goldwind is listed on both the Shenzhen Stock Exchange (stock code: 002202) and Hong Kong Stock Exchange (stock code: 2208). In 2010, The Company generated RMB 17.5mm of revenue and RMB 2.3 mm of net profit.
As of December 31, 2010, Goldwind's accumulated installed capacity reached 9,095.05 MW, equivalent to 7.28 million tons of coal saved per year, 18.14 million tons of carbon emissions reduced per year, and 9.94 million cubic meters of woods newly planted.
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