Hanwei Energy Services Corp. has announced that it has signed a letter of intent (LOI) with the Baotou Development and Reform Commission (BDRC) and Beijing Kunding Xunlei New Energy Technology Ltd. (Beijing Kunding) to provide wind power turbines and blades for a 400MW wind farm located approximately 100 kilometres from Baotou, Inner Mongolia Autonomous Region, China.
Under the non-binding LOI, it is expected that the parties will
cooperate to develop a 400MW wind farm under certain terms and
conditions. Hanwei, the BDRC and Beijing Kunding are engaged in ongoing
discussions to define the terms for binding agreements, and set out
timelines for construction of the wind power facility and delivery of
the turbines and blades.
