China’s Top Wind Power Player Looking at Solar in Australia

Xinjiang Goldwind Science & Technology Co., China’s largest wind-turbine maker, is looking at expanding into another renewable energy source in Australia -- solar.

Goldwind is studying a solar project in the country as it evaluates more wind farms, John Titchen, its local unit’s managing director, said in a phone interview Thursday.

“There’s potential for co-location of solar and wind farms and sharing infrastructure,” he said. “That’s an interesting hybrid opportunity going forward.”

Goldwind and General Electric Co. are among wind and solar power companies going ahead with projects in Australia after the nation’s parliament last month passed a revised renewable energy target for 2020. The legislation ends a period of uncertainty that crippled investment in the industry.

Goldwind, which entered Australia in 2009, plans to start construction of the A$400 million ($305 million) White Rock wind farm in New South Wales in late 2015, Titchen said. It still needs to sign a power-supply agreement, he said.

White Rock is expected to start operating by mid-2017 at a time when new supply is needed due to increased demand under the renewable energy target, Goldwind said in a statement. TransGrid agreed to connect the project with 70 turbines to the New South Wales transmission system, according to the statement.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE