New Chinese Expansion From Gamesa

Gamesa Corporation has entered into a new agreement with China Longyuan Electric Power Group Corporation for the supply of 405 Gamesa G5X-850 kW wind turbines totalling 344 megawatts (MW) of power.

Longyuan, part of the largest Chinese electricity group, Guordian Corporation, will be sending the turbines to seven wind farms located in different Chinese provinces. The contract includes the supply of wind turbine generators (without towers), the supervision of their assembly and start-up along with two years of operation and maintenance. The equipment will be delivered throughout 2009 and the agreement’s value amounts to approximately €200 million [US $316 million].

The news came as Gamesa announced the start-up of its production facilities in Tianjin, China. The production and assembly of its main wind turbine generator components are concentrated at this site, including generators, gearboxes, blades and nacelle assembly at an annual production of 700 MW.

The wind machines destined for the Longyuan contract will be manufactured in Gamesa’s new production facilities in Tianjin.

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