Thursday, December 25, 2008

Gamesa receives major turbine order from Longyuan

TIANJIN, CHINA: Spanish wind power company Gamesa Corporación Tecnológica has received orders for 294,95 MW of wind turbines from Longyuan Electric Power Group, a subsidiary of Chinese electric utility group Guodian Corp.

In 2009, Gamesa will supply 347 units of G5x-850 kW platform, manufactured at Gamesa's production facilities in Tianjin, China. The turbines will be installed at wind farms across several Chinese provinces.The scope of the order includes the supply of wind turbine generators without towers, supervision of assembly and start-up and two years of operations and maintenance. The projects are part of framework agreements entered into by the two companies for different wind energy projects. Gamesa was recently granted a EUR 200 million (US$279.5 million) loan from the European Investment Bank to fund the company's Research, Development and Innovation plan between 2008 and 2011. The loan will fund research into wind turbine components aimed at improving performance and cutting down energy costs. The research will be carried out at Gamesa's research centers in Navarre, Vixcaya and Madrid, Spain.
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