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China’s Goldwind Expanding in U.S. as Rivals Cut Back

Xinjiang Goldwind Science & Technology Co., China’s second-largest wind-turbine maker, indicated it’s picking up market share in the U.S. as falling prices and expiring subsidies force rivals to pare back.

Goldwind bought two 10-megawatt wind farms in Montana to showcase its equipment and has taken orders in seven other U.S. states since it started sales in the region in June 2010, according to a company statement released yesterday.