Chinese wind turbine maker Windey targets Honduras with government pact

Chinese wind turbine maker Windey has signed a pact with two Honduran government ministries, vowing to promote wind farm development in the Central American country.

Representatives from the company met with counterparts from Honduras’ natural resource and environment and energy ministries in the capital city of Tegucigalpa recently.

They signed a memorandum of understanding (MoU), promising to jointly promote the rapid development of microgrid projects and wind farms in Honduras.

Chinese manufacturers rely heavily on their home market, with 98% of all of their capacity additions in 2023 coming from China itself, according to BloombergNEF. But they are increasingly looking beyond, the analysis firm noted.

Windey was the world’s fourth largest turbine supplier last year, with 10.4GW of its machines installed in 2023, according to BNEF.

Wind power accounted for 7% of electricity generation in Honduras in 2021, according to the International Energy Agency. 

European suppliers Siemens Gamesa, Vestas and Nordtank – prior to its merger with Micon and later Vestas – provided turbines for the country’s 239MW operational wind power capacity, according to “uåX˜äŠÊ˜·³Ç Intelligence, the research and data division of “uåX˜äŠÊ˜·³Ç.