Huayi Electric signs $36 mln turbine supply contract
Shanghai. November 10. INTERFAX-CHINA - Huayi Electric Co. Ltd., a Chinese wind turbine maker based in Zhejiang Province, has signed a RMB 252.45 million ($36.96 million) contract to supply wind turbines to a wind farm in Shanxi Province, the company announced on Nov. 10.
Under the contract, Huayi Electric will supply 33 1.5-megawatt (MW) wind turbines to the Yunwuyu Wind Power Farm in Fanshi County, Shanxi.
Huayi Electric's traditional business is manufacturing of high-voltage apparatus products. But in 2002, the company entered the wind power business when it founded its subsidiary, Huayi Wind Energy Development Co. Ltd., a representative from HeWind told Interfax.
HeWind specializes in manufacturing 600 kilowatt (kW), 780 kW and 1.5 MW wind turbines. Its turbines have been installed at several wind power farms in Hebei, Shandong, Zhejiang, Guangdong, Gansu, Liaoning provinces, as well as the Inner Mongolia and Xinjiang Uyghur autonomous regions, the representative said.
The company has also exported its 780 kW wind turbines to Chile, the representative said.