China is working to develop one of the world’s largest renewable energy markets, and its top wind companies are getting geared to enter the US for a larger chunk of the sector. A-Power Energy Generation Systems Ltd. is supplying wind turbines to a JV that has plans to build a $1.5-billion wind farm in Texas.
China Longyuan Power Group Corp, the Hong Kong-listed new energy arm of China Guodian Group and the largest wind farm operator in Asia, is buying wind turbines in the United States, General Manager Xie Changjun told China Daily without disclosing further details. "Lots of domestic players are competing for wind power assets in the US," Xie said.
Chinese wind turbine manufacturers are aiming for overseas investments with more state-owned wind power companies becoming internationally competitive, according to RBS Asia head of technology and RE Michael Niederberger. For instance, China Longyuan Power Group Corp. anticipates spending about $13 billion to install nearly 16,000 MW of wind turbines in China and around the world by 2015, the company’s CEO Xie Changjun said after a climate conference in Beijing. The company ranks fifth in the global wind power division with plans to move up the ladder to third place in two years.
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