Goldwind

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

Key Developments

Date	Approach	Development
June, 2017	Expansion	Goldwind 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

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