Xinjiang Goldwind Science & Technology Co. , China’s largest wind-turbine maker, is studying new projects to take advantage of Australia’s 2020 renewable energy target.
Australia is set to install as much as 8,000 megawatts of wind power by the end of the decade, and Goldwind is “looking to be a serious participant,” John Titchen, managing director of its local unit, said in a Dec. 14 interview in Sydney. “We see a range of project opportunities,” he said.
Goldwind is among wind-power companies seeking to expand in Australia, which intends to generate at least 20 percent of its power from renewable energy by 2020. Australia requires electricity retailers to buy renewable energy certificates from producers of wind and solar power, providing an incentive to developers of the projects.
Goldwind (2208), which entered Australia in 2009, started construction last month on the 165.5-megawatt Gullen Range wind farm in New South Wales state, the second project in the country to use the Chinese company’s turbines. Gullen Range is scheduled to start operating in early 2014, Titchen said.
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