Good News from Mon, 01 February, 2010:

Moventas expands its expertise to China

Moventas Ltd Wind power is growing rapidly in China.
Finnish manufacturer of wind turbine gears, Moventas has signed a R&D cooperation contract with the Chinese Dong Fang New Energy Equipment (DNEE). The two companies will work together in developing a three megawatt wind turbine, which will meet all international quality requirements, for the Chinese market. The responsibility of Moventas is to provide reliable gear solution for the turbine. The first prototype gears will be delivered in December 2010.  

Concentrating on wind power, DNEE is a recently established unit in Dong Fang Electric Corporation, one of the biggest manufacturers of generating equipments in China. Dong Fang is the third largest wind turbine manufacturer in China.

For Moventas co-operation with a significant local actor such as DNEE is an opening in Chinese markets.  

– We have clear plans to expand our operations in Asia, especially in China. This collaboration is an excellent milestone on our path and also a strong indication of the trust that the market has on Moventas' expertise, says Jukka Jäämaa, the CEO of Moventas.  

Headquartered in Finland, Moventas is one of the biggest wind turbine gear manufacturers in the world. The company employs over 1300 professionals in eight countries.

www.moventas.fi

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Comments (4)

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