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China's Goldwind opens office in Cape Town

China's Xinjiang Goldwind has opened an office in Cape Town with the aim of supplying equipment and project finance in Africa.
Goldwind Africa will not only be looking for projects to supply turbines, but will also be looking at projects to offer equity and debt financing as the company has strong relations with Chinese financial institutions, and had secured significant credit lines.

Goldwind, which would initially import turbines, is in discussions with several South African wind developers to partner wind projects in the country. At the moment Goldwind does not have production facilities in South Africa, but as local markets evolve, does expect the local; content of wind turbines increase from sourcing parts, doing assembly and/or tower production.

Additional information: Press release
News date: 14/03/2011

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Comments and remarks to Wim Jonker Klunne

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