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Goldwind

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Goldwind - Energy & Power showcase

Year Founded & Workforce

1998

Industry

Energy & Power

Services

1.5MW PMDD2.5MW PMDD3.0MW PMDD4SMW PMDD
G

Goldwind Employee Contacts

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Goldwind Overview

Company Headquarters: Xinjiang, China

Founded: 1998

Company Working: Goldwind is one of China’s earliest manufacturers in the wind power industry. Its core and technical team has more than 20 years of experience in wind power industry. The four major business segments include WTG (wind turbine generator) manufacturing, wind power services, and wind farm investment and development. Goldwind is also engaged in research and development, manufacturing, and sale of wind power components, construction, development and operation of wind farms and related maintenance services. It also manufactures and sells wind power equipment and accessories and development and operation of water treatment plants and solar power generation projects.

The company offers innovative energy solutions with over 41 GW of installed wind power capacity worldwide and more than 21,000 wind turbine units running in 17 countries and 6 continents. It offers customized energy solutions to meet different requirements and profiles.

The group has 266 subsidiaries, which include 26 directly owned subsidiaries and 240 indirectly owned subsidiaries. These subsidiaries include R&D and manufacturing companies for WTG components, wind farm investment and development companies, wind power service companies, water treatment units, and finance lease companies

Strategy

Goldwind regards technical innovation, as key strategy and strives to meet diverse customer demand through upgrade of products. For instance, Goldwind launched several digital service products in 2017 to help improve annual average power generation of wind power efficiently. At the same time, EFarm a radar intelligent technique promoted the adoption and stability of wind turbines.

Company Snapshot

$3,695.93M

Revenue

1998

Founded

Xinjiang, China

Headquarters

SWOT Analysis

Strengths

  • Diverse product and service offerings
  • High R&D Investment

Weaknesses

  • More dependency on China

Opportunities

  • Technological Advancement
  • Favorable government policies

Threats

  • Intense competition
  • Currency crisis

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Key Developments

DateApproachDevelopment
June, 2017ExpansionGoldwind acquired Stockyard Hill wind power project in Australia. The planned capacity of the project was about 530MW. It would become the largest wind farm in Australia after completion

Product Offering

  • Goldwind
    • 1.5MW PMDD
    • 2.5MW PMDD
    • 3.0MW PMDD
    • 4SMW PMDD

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: SBU breakup-0 rose from USD 3,695.9 Mn in 2015 to USD 4,749.4 Mn in 2017.
Goldwind — By Business Segment
Series (USD Mn)201520162017
SBU breakup-03,695.93,940.84,749.4

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