Ming Yang Secures Tender for 87MW of Offshore Wind in Zhuhai, China

China Ming Yang Wind Power (“Ming Yang” or the “Company”), announced that it has secured a total of 87MW in the first tranche of tender for off-shore wind power near Zhuhai Guishan Island, Guangdong Province, China.

The winning bid comprises of 29 units of 3MW super compact drive (“SCD”) wind turbine generators (“WTGs”) , which is in excess of 85% of the aggregate 100MW available for this tender in the first tranche of this project. The wind project is to be developed by Southern Off-shore Wind Power Joint Development Company, controlled by China Southern Power Grid Ltd. Ming Yang will be providing a complete technology and construction solution including WTGs, turbine towers and foundation structures as well as project management. Construction is anticipated to begin in October 2013 and be completed by the end of 2014. The bid is subject to the execution of the relevant definitive agreements.

 “This bid marks an important milestone in the practical commercial off-shore tender in Guangdong Province and in China, I am very excited that Ming Yang has managed to secure a substantial part of the first tranche of this tender available using our SCD technology,” said Mr. Chuanwei Zhang, Chairman and Chief Executive Officer of Ming Yang. “This is a clear endorsement of Ming Yang’s SCD technology, and heralds a new phase of off-shore wind power generation in China.”

[mappress]

Press release, September 30, 2013; Image: mywind