Gamesa To Co-Develop 600MW of China Wind Power

Gamesa (GAM.MC) has signed two new agreements with Guangdong Nuclear Wind Power and China Huadian New Energy Development to develop a total of 600 megawatts (MW) of wind projects in Jilin province and Inner Mongolia Autonomous Region.

The agreements will see Gamesa deliver several batches of 2 MW wind turbines during the next five years.

Cooperation between Gamesa and China Guangdong Nuclear started in 2009. Since then, both sides have jointly developed wind projects in Shandong, Liaoning and Heilongjiang provinces. The new agreement is a unique milestone because it uses wind turbines produced in Gamesa’s Jilin factory, for wind projects in Jilin.

Joint cooperation between Gamesa and Huadian New Energy builds upon their first partnership in Inner Mongolia in 2009. That partnership led to a new 300 MW contract. The project will use wind turbines produced in Gamesa’s Inner Mongolia factory, which is currently under development.

Gamesa operates as a wind farm developer in China, a competitive advantage which it us developing in conjunction with the country’s global and provincial power companies. With the latest agreements, the company said it now has cooperation agreements of 2,726 MW in China.

The company currently has four manufacturing plants (for blades, generators, and nacelle and gearbox assembly) in the province of Tianjin, and two more under construction, in Jilin and Inner Mongolia.

Gamesa broke ground on the Jilin plant in May 2010. The plant is scheduled to open in March 2011. The new facility, with an anticipated annual output of approximately 250 machines, will manufacture Gamesa’s 2.0 MW wind turbines for its partners in that province.

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