By Greentech
Lead Team: China Ming Yang Wind Power Group, a wind turbine manufacturer in
China, announced that its subsidiary, Ming Yang Wind Power has entered into an
EPC contracts with W. Power EOOD and A1 Development EOOD for two wind power
projects with a total capacity of 125MW in Bulgaria.
“This
represents a significant milestone of Ming Yang’s overseas market development,
marking an important step in extending our footprint in mainstream European
markets,” said Chuanwei Zhang, chairman and chief executive officer of
Ming Yang.
Under the
EPC contracts, Ming Yang
will provide W. Power with a total EPC solution including design, engineering,
procurement, construction, commissioning and all other services that are
required to complete these wind power projects.
As per the
agreement, the first batch of wind turbine generators with three units of
MY1.5MW WTGs for the 4.5MW pilot project in Somovit was shipped on February 6,
2012.
The 4.5MW
pilot project in Somovit is expected to be completed and commissioned by July
2012. The 120MW project in Milkovitsa is scheduled to commence in the second
half of 2012. MY 1.5S MW wind turbine generators have successfully obtained the
CE verification, which was issued by Intertek Testing Services Shenzhen.
With a
strong position in Europe, W. Power is expected to help facilitate future
business opportunities in addition to providing local market support for Ming
Yang.
“Our
strategic partnership with W. Power is a strong endorsement of our capabilities
and innovative business models for overseas markets, which are designed to
provide total EPC solutions by combining equipment, technology, capital and
financing support,” Zhang added.