Sinovel Wind to supply equipment to $1 billion Turkish wind farm developed by Agaoglu Group

Sinovel Wind to supply equipment to $1 billion Turkish wind farm developed by Agaoglu Group

Greentech Lead Asia: Sinovel Wind Group will supply
equipment to a $1 billion Turkish wind farm developed by Agaoglu Group.

According to media reports, Sinovel will supply parts
including wind-turbine towers and generators for the 600-megawatt project.

Chinese companies including Xinjiang Goldwind Science
& Technology plan to expand abroad. Goldwind bought two wind farms in
Montana this year and will supply projects in Chile. Sinovel signed a pact to
work with Greece’s Public Power Corp. on wind last year.

Turkey, which seeks to generate 30 percent of its power
from renewable sources by 2023, needs to develop clean energy at a faster pace,
said Agaoglu Chairman Ali Agaoglu.

Turkey is seeking to curb emissions while reducing
dependence on energy imports. It installed 470 MW of wind power last year,
according to European Wind Energy Association data. It had 1,799 MW of wind in
total at the end of 2011.

Agaoglu Group targets power capacity of at least 1,000
megawatts by 2015 and holds licenses for as much as 700 megawatts of wind.

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