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CGNWE acquired Australian wind power project equity

News International-French

17 Aug 2012

China Guangdong Nuclear Wind Energy, a subsidiary of China Guangdong Nuclear Power Group acquisition of Australia Morton’s Lane wind power project equity signing ceremony was held in Sydney recently.

The chairman of China Guangdong Nuclear Power Group (CGNPG) Chen Shui and Goldwind Science and Technology chairman, Wu Gang signed the agreement at the ceremoney.


The Australia Morton’s Lane project stock purchase agreement marked the major breakthrough CGNPG "going out" strategy to achieve.


The Australia Morton’s project is located in Western Vitoria Australia; the average elevation of the wind electric field is 230 meters. This project uses 13 stand-alone 1500 kilowatts capacity of wind turbines with a planning and construction scale of 19500 KW. The project conforms to the Australian local renewable energy policy; all the power generated will be connecting to the grid through the power purchase agreement. The designed annual electric energy production is expected to exceed 600 million kilowatt hour, which has good social benefit and environmental benefit.


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