Mainstream Renewable Power Ltd. has finalized plans to build a $140 million wind farm in northern Chile utilizing machines made by Xinjang Goldwind Science & Technology Co.
Goldwind is China’s second largest turbine-maker, and the deal highlights the company's desire to increase overseas orders.
The Mainstream project will use 47 turbines manufactured by Goldwind USA Inc., an American satellite of the Chinese based company, in the Ckani wind park located in the Chilean region of Antofagasta.
In an e-statement released to the press executive vice president of Goldwind, Wang Haibo, said:
"While we have much work ahead of us in the Americas, our efforts in western markets are a testament to how our localized approach to globalization has helped foster the ongoing health and growth of the global wind industry.”
The 70 Megawatt Ckani Park has a potential capacity of 240 megawatts which will sell for $480 million. The company plans to have the park fully operational by 2015.
Goldwinds’s GW87 1.5 megawatt models will be used to power the first 70 megawatts, and construction on the park is scheduled to begin by the end of this year.
With a 4,000 mile coastline and continuous sea breezes, Chile is an ideal location for the wind energy industry.
The South American Country is currently deliberating over a law that would require it to get 20 percent of its electricity from renewable sources by 2020.
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