China is currently the fifth largest wind market in the world with proven wind energy reserves estimated at 3200 gigawatts. A number of factors are driving the growth in China including strong support from the government and increased lending by China's bank for wind projects. Based on current growth rates, the Chinese Renewable Energy Industry Association (CREIA) forecasts a capacity of around 50,000 megawatt ("MW") by 2015.

Hanwei is well positioned to become a significant equipment manufacturer and supplier in this growing market. The Company's wind power segment produces and sells FRP blades (propellers) and assembles wind turbines and towers for the growing wind power industry in China. Hanwei's products include 34, 37.5, and 40.3-meter turbine blades, 1.5megawatt ("MW") double-fed turbines, 1.5 MW direct drive turbines, and tower assemblies. The Company has annual capacity of approximately 400 MW of wind power products from production facilities in Daqing and Tianjin, China. Hanwei is the primary wind power equipment supplier in a significant, large-scale wind power development in Heilongjiang province, China.


Product Parameters

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37.5m Wind Power Blade
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40.3m Wind Power Blade