Alternative Energy - Windpower: Chinese XEMC takeover Netherlands Darwind Wind Power Generating Business
Darwind which was on the verge of closing the business will now continue its operations through an asset transaction with XEMC Windpower Co., Ltd, from Xiangtan, Hunan Province in China. Previously, Darwind, an innovative Dutch developer of direct drive offshore wind turbines, was part of the former Econcern group. Following the Chinese takeover of the business CEO of Darwind, Mr. Vincent van den Brekel said: “We have been looking for a strong partner for a while, and as a company we are very happy to be able to continue our operations after the acquisition of Darwind by XEMC”.
With this acquisition, XEMC enters the European market, and acquires innovative and advanced 5 MW direct drive turbine technology, in addition to their successful 2 MW product line, which is based on the same technology. The newly incorporated company XEMC Darwind B.V. will develop two 5MW direct drive wind turbine prototypes and install these in 2010, upon which they will be certified. XEMC Windpower Vice-President Mr. Long Xin noted: “XEMC aims to continue the Darwind operations in the Netherlands in addition to our Chinese operations. We are confident about the innovative turbine concept and are looking forward to a bright future for XEMC Darwind”.
The Chinese XEMC Group is one of the largest manufacturing complexes in China, which enjoys a history of more than 70 years and possesses more than 1000 patents and intellectual property rights. XEMC employs more than 10,000 people and operates in businesses in manufacturing of electric machines, heavy trucks, ship propulsion systems, electric locomotives for mining industry, light rail vehicles for urban transportation, water pump, equipment for national defense and wind turbines.
As one of the fastest growing business sectors in XEMC Group, the wind group is one of the two leading suppliers of direct drive turbines on Chinese market. XEMC has produced and installed more than 150 units of 2MW turbines, and just in June, delivered 31 units. XEMC 2MW series turbines are, in China, the largest turbines in mass production.
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