Goldwind nabs order on critical growth market

A new wind turbine order for 82 MW has been secured by Goldwind, continuing the Chinese climb into South America's energy sector.

Photo: Goldwind

Chinese wind turbine manufacturer Goldwind has won an order for 82 MW for the Punta Sierra project in Chile. This is according to project developer Pacific Hydro, in a press release according to several Chilean media. The factory will deliver 32 of its 2.5 MW wind turbines for the USD 150 million project in Coquimpo. 

That the project will be built with Chinese turbines is no huge suprise. Although Pacific Hydro is technically Australian, the company was acquired by state owned Chinese company State Power Investment Corporation (SPIC). Over the last few years, China has lead a declared strategy to help Chinese companies expand beyond the country's own borders. This applies to the wind turbine industry as well.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Siemens Gamesa's deep financial woes are halfway self-inflicted

Despite successfully forwarding the external costs to customers, onshore wind projects valued at EUR 2bn are being delivered at zero-profit margins in the years to come, according to the turbine maker’s CEO. Here and there, things might have moved a bit too fast.

Further reading

Related articles

Latest News

See all jobs