It is XEMC’s first European wind-turbine deal. However, it is not the first Chinese company to do business in Ireland. Last month, Irish developer Mainstream signed a deal with Sinovel that could see 1GW of wind projects built over the next five years.
Speaking about the deal, XEMC Group Chairman Mr. Zhou Jianxiong said: "Gaelectric's pipeline of wind-farm projects in key locations, combined with our shared focus on innovation in renewable-energy technologies, makes us ideal allies in co-developing Gaelectric's portfolio of renewable-power projects.
"We are particularly pleased that the sites that we intend to co-develop with Gaelectric are very suited to establishing our direct-drive permanent-magnet generator turbine technology as the leading global wind-generation technology delivering low service and maintenance costs, competitive pricing and high availability and annual yield."
Gaelectric CEO Brendan McGrath said: "Our alliance with XEMC is a significant strategic step for Gaelectric. With the backing of XEMC's industrial strength and technological capacity, and their track record and commitment to long-term relationships, we are confident that Gaelectric's portfolio of wind-farm sites will be realised to the highest commercial and technical standards.
"Our visit to China in March of this year confirmed to us XEMC's commitment to research and development, which combines Dutch engineering design and pedigree, with Chinese industrial power. We also share a vision for the significant opportunities from offshore wind-energy generation, on which we are already working closely together."
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