Can foreign-funded enterprises enter China’s wind power industry?

Introduction Can foreign-funded enterprises enter China's wind power industry? Foreign-funded enterprises can enter China's wind power industry. In July 2006, Denmark’s Vestas Group finally had a taste of its first wind power plant in China.

Can foreign-funded enterprises enter China’s wind power industry?

Foreign-funded enterprises can enter China’s wind power industry.

In July 2006, the Danish Vestas Group finally got what it wanted for its first wind power plant in China: one month ahead of its biggest rival in China, the Spanish wind power group Gamesa. put into production. Vestas Wind Power Equipment (China) Co., Ltd. located in Tianjin held an opening ceremony. Vestas also revealed on the same day that it plans to build a generator plant and a nacelle and hub assembly plant in China. However, Gamesa's first factory in China will also be put into production in July, and its investment is greater than Vestas' factory in China.

How is Tianjin Vestas Company?

The three largest manufacturers of wind blades in the world are Denmark's LM Company, Vestas Wind Systems and Germany's Enercon.

In 2001, Denmark's LM Company invested in and established a wholly-owned enterprise in Tianjin that specializes in the production of wind turbine blades - Elm Glass Fiber Products (Tianjin) Co., Ltd., as China's first multinational blade manufacturing factory . With the intensive development and actual demand of China's wind energy market in the past two years, LM has made additional investment in the Tianjin factory. With an initial investment of US$7 million and an additional investment of US$18 million, the blade specification has been adjusted from the original maximum length of 34 meters to 37 meters, which will be mainly used for the assembly of China's future mainstream 1.5-megawatt wind turbines.

The Danish Vestas Group, the world's number one in the field of wind power equipment, officially established a wind turbine blade production plant in Tianjin TEDA Development Zone after investigating several candidate locations. The plant has an investment of approximately US$30 million and produces V80 2-MW wind turbine blades with a length of 39 meters.

Enercon is a German complete wind turbine manufacturer. It manufactures a large wind turbine E-112 with a capacity of 4.5 MW, a blade length of 54 meters and a weight of 20 tons. Currently, the company also intends to enter the Chinese wind turbine and blade market. In addition, the Spanish company GAMESA is also an internationally renowned manufacturer of wind power equipment and blades. It has also decided to set up a factory in China, including blade manufacturing.

What about Tianjin Hongbo Wind Power Technology

Denmark’s Vestas Group is a world-famous wind power equipment manufacturer, accounting for more than one-third of the global market share. In June 2005, Vestas Group invested US$30 million in Tianjin Development Zone to produce 2-MW wind turbine blades. In September 2006, the company increased its capital to US$66 million, which was mainly used for the construction of the second phase of the blade project, nacelle and wind turbine generator projects.

Okay. Learned from the official website of Tianyancha.

1. Tianjin Hongbo Wind Power Technology is located in Tianjin, an area with rich wind energy resources. The company can use local wind energy resources to develop wind power generation business.

2. Tianjin Hongbo Wind Power Technology Co., Ltd.The business scope includes wind power technical services, offshore wind turbine sales, onshore wind turbine sales, wind turbine and parts sales, etc. This shows that the company has a comprehensive business scope in the wind power field and can provide customers with a variety of products and services, so Tianjin Hongbo Wind Power Technology has great advantages in business.

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