Semikron and Goldwind partnership capitalises on strong growth in Chinese wind energy market

"It is an honor to now be the direct supplier for Goldwind" says Lixin Ren, managing director of Semikron Greater China
(PresseBox) ( Nuremberg, )
Xinjiang Goldwind Science & Technology Co., Ltd. ("Goldwind"; Shenzhen Stock Exchange: 002202) recently signed a sales contract directly with Semikron China thereby ensuring the continued supply of SKiiP intelligent power modules and complete Semistack power electronic assemblies for the Goldwind wind power generators. This order further seals the business partnership of Goldwind and Semikron which provides solutions for the growing Chinese wind energy market.

"It is an honor to now be the direct supplier for Goldwind" says Lixin Ren, managing director of Semikron Greater China. "Semikron technology powers nearly half of the globally installed wind power capacity and Goldwind is one of the top five wind turbine manufacturers in the world. This is a perfect business combination. Our goal is to establish a longterm business relationship providing the most efficient technology and best service beneficial to both companies." The power electronics are optimized for wind power applications: SKiiP are the most powerful intelligent power modules on the market with a long service life. The SEMISTACK power assemblies boast a high power density of 12 kW/ litre and a flexible modular design.

"A high quality supplier plays a vital role in the development of Goldwind and helps us grow and stay one of the leading wind turbine manufacturers in China," says Mr. Kai Wu, Supply Chain Management General Manager of Goldwind. "The stateoftheart technology, reliable product quality and professional technical support of Semikron met our high standard of requirement. Semikron's experience in stack design and production gave us confidence that we can work together and achieve longterm success."

In 2009, Semikron expanded its global network of Solution Centers to Zhuhai, China. The new solution center specializes in the design and manufacture of SEMISTACK power assemblies based on SKiiP for wind generators and solar power inverters. Customers can benefit from "made in China with German quality" power assemblies with flexible and customized designs, local technical support, fast deliveries and competitive pricing.

Goldwind is one of the first enterprises in China focusing on innovative research and manufacturing solutions for wind turbines. Since 2000, Goldwind has had an average annual growth of hundred percent for the last ten consecutive years. Goldwind was one of the top five global suppliers of wind power generators with a market share of 7.2 percent of the newly installed wind power capacity in 2009.

China has the world's second largest wind power capacity after the US and just ahead of Germany. In 2009, 13,7 GW wind power was installed thereby more than doubling the cumulative installed capacity in a single year, which has now reached 25.8GW (Source: BTM Consult APS, March 2010).

About Goldwind

Xinjiang Goldwind Science & Technology Co., Ltd. is one of the first wind turbine researching and manufacturing enterprises in China with strongest self innovation capabilities. The Permanent Magnet Direct Drive technology with the company's own Independent Intellectual Property Rights represents the most advanced technology route in the wind power industry worldwide. The products are integrated in major national power generators, but also in international markets such as Europe and America. Goldwind was listed in the Shenzhen Stock Exchange (Stock Code: 002202) in 2007. The company's revenue and net profit exceeded 10.7 billion RMB and 1.7 billion RMB respectively for the financial year 2009.

Since its foundation, Goldwind has been committed to its mission of " Preserving White Clouds and Blue sky for Human Beings and Reserving More Resources for Future." Up to June 30, 2010, Goldwind has accumulated sales of more than 8,000 turbine units, which equals annual savings of 7 million tons of coal, reduced carbon dioxide emission of 17 million tons and preserving 9.5 million cubic meter of forest.
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