Chinese energy sector group seeks partners in Brazil and Argentina

18 May 2011

Sao Paulo, Brazil, 18 May – The China Guodian Corporation (Guodian) plans to find partners in Brazil and Argentina for construction of wind turbines and solar panels whilst it grows in the power production sector in Latin America, said a senior group official.

Speaking to the Reuters news agency, Zhang Binquan, vice president of the Guodian Technology and Environment Group, said that the group was carrying out some economic feasibility studies with a view to finding partners, “that can provide information that will help us to save time.”

Zhang did not say how many solar panels of wind turbines might be produced or give a potential value for an agreement.

“For the turbines it depends on the quality of the local wind, but we are talking about 50 megawatt units. Something big, that is over 60 metres high,” said Zhang, speaking at a Latin American energy conference.

State group Guodian is one of China’s top five energy producers and is involved in development, investment, construction and management of power plants in Sichuan, Chongqing, Shandong, Yunnan, Guizhou, Guangxi and Xinjiang as well as in Myanmar. (macauhub)