News | Energy Efficiency

http://www.newenergyworldnetwork.com/renewable-energy-news/by-technology/wind/goldwind-usa-gathers-pace-with-new-turbine-sales.html

Global renewable energy part manufacturer Goldwind has sold over 120MW of its permanent magnet direct drive turbines (PMDD) since moving into the Americas market one year ago, having secured five new sales for US projects.

Continuing to build momentum in the US market, Goldwind sold the cluster of 1.5MW wind turbines for projects in Ohio and Rhode Island.
‘Goldwind has enjoyed a great deal of success in the Americas to this point – we’ve developed a local presence, hired local staff and secured projects in Minnesota, Illinois and now Rhode Island and Ohio,’ said Tim Rosenzweig, CEO of Goldwind USA.
‘We have entered into the utility-scale market, completed deals with American manufacturers to provide content in China and we have created opportunity and an undeniable economic impact. We are focused on continuing that momentum, continuing to demonstrate our technology advantages and continuing to build-out our global supply chain.’
Goldwind said the sales demonstrate a rapidly growing adaptation of PMDD technology by the US wind industry. The company has an installed base of over 6GW of PMDD turbines globally.
The group traversed extensive growth in the financial year 2010, as its revenue peaked at RMB17.47bn ($2.67bn), shooting up 64 per cent above the previous year’s results. Its gross profit also rose 45 per cent, while profit attributable to shareholders increased 31 per cent.