Master Investment Company orders another 49 MW from wind power Vestas China

Chairman of Master Investment Company Ltd., Mr Ma Fuqiang said at the signing ceremony: “Vestas has demonstrated strong technical capabilities and high level of expertise at the initial stages of the wind farm project. We are very pleased to have chosen Vestas as the strategic partner for our wind energy business.”

“The previous order from Master Investment was recognition of our technical strengths,” says Jens Tommerup, President of Vestas China. “This second order underlines the confidence Master Investment has in our people, our products and our capabilities. We have built up a very good working relationship with the customer, and we are very pleased to being able to share our knowledge and insights with them.”

The order consists of 25 wind turbines of the popular V90-1.8/2.0 MW turbine. This megawatt class model is one of the best performing wind turbines for medium- and low-wind farm sites with a long track record, and it is built on mature technology and reliable design.

The contract includes towers, delivery, transportation, installation and commissioning of the wind turbines, a VestasOnline® Business SCADA solution and a two-year service and maintenance agreement.

The site of the project is located in Huianbao, Ningxia Hui Autonomous Region, and the turbines are scheduled to be delivered in the second quarter of 2011.

Vestas is the world leader in wind power technology, with a history of technological innovation and over 30 years of experience in developing, manufacturing, installing and maintaining intelligent, high performing and high quality wind power plant solutions. Vestas was a pioneer in the wind industry and started to manufacture wind turbines in 1979.

Vestas installed China’s first wind turbines in Shandong in 1986, and has as of 30 June 2010, installed more than 2,100 MW of clean energy across thirteen provinces in China. This makes Vestas one of the biggest accumulated suppliers of wind power plants.

Over the past few years, Vestas has established a firmly rooted presence in China with more than RMB 3.5 billion worth of investments and more than 3,000 employees, committed to deliver high quality wind energy solutions for a sustainable energy future.

Vestas has its largest integrated manufacturing complex globally situated in Tianjin, its China headquarters in Beijing, a factory in Hohhot, a global procurement office in Shanghai, and a state-of-the-art foundry in Xuzhou.

On 12 October 2010, Vestas opened its China Technology R&D Center in Beijing, which is an important part of Vestas’ global innovation network and represents Vestas’ intention to bring the best of its knowledge to China. Furthermore, the R&D Center is significantly increasing Vestas’ responsiveness to market demands and development trends in terms of new technology.

As the global leader in wind energy, Vestas is committed to helping develop China’s wind energy sector into a world-class modern renewable energy sector. Vestas is actively sharing its 30 years of industry experience and expertise with partners and stakeholders in the Chinese wind energy industry.

www.vestas.com