Goldwind was founded by Wu Gang as part of China government's 863 Program and was funded by the state.
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Goldwind was founded by Wu Gang as part of China government's 863 Program and was funded by the state.
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In 2008, Goldwind purchased its permanent magnet direct-drive technology from Vensys.
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In 2010, Goldwind acquired a $6bn low-interest loan from the government-owned China Development Bank as part of its expansion plan.
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In 2015, Goldwind became the largest turbine manufacturer in the world but in 2019 Vestas took over.
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Goldwind is principally engaged in research, development, manufacturing and marketing of large-sized wind turbine generator sets.
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Goldwind provides wind power technology services, investment and sale of wind power projects and technology transfer service.
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In 2016 and 2017, Goldwind acquired two Texas projects totaling a combined capacity of 300 MW.
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In 2017, Goldwind obtained $140m in tax equity financing commitments from a unit of Berkshire Hathaway Energy and Citi for its 160MW Rattlesnake wind project in central Texas – easily the most financing of US origin yet secured by a Chinese turbine OEM in the US market.
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Goldwind Americas manages and operates the company's Panamanian team, which oversees the Penonome I and Penonome II wind farms totaling 270 MW, and the Chilean service operations team.
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