Goldwind Americas to buy 160MW Rattlesnake wind project from RES

18 May 2016 (Last Updated May 18th, 2016 18:30)

Xinjiang Goldwind Science and Technology subsidiary Goldwind Americas has entered an agreement with Renewable Energy Systems Americas (RES) to purchase the 160MW Rattlesnake Wind Project in McCulloch County, Texas, US.

Xinjiang Goldwind Science and Technology subsidiary Goldwind Americas has entered an agreement with Renewable Energy Systems Americas (RES) to purchase the 160MW Rattlesnake Wind Project in McCulloch County, Texas, US.

Located 125 miles north-west of Austin, it will become Goldwind's largest US wind project once it becomes fully operational.

It will use 64 Goldwind 2.5MW Permanent Magnet Direct-Drive (PMDD) wind turbines.

Goldwind Americas chief executive officer David Halligan said: "This investment in the Rattlesnake Wind Project highlights our long-term commitment to the US wind market and represents our first step of a five-year growth strategy to capitalise on the extension of the production tax credit.

"It is the first phase of a 300MW wind project to be built under a balance of plant agreement."

"We are proud to partner with RES, a leading renewable energy developer and constructor, on our first project together."

It is the first phase of a 300MW wind project to be built under a balance of plant agreement by RES.

RES Americas president and chief executive officer Glen Davis said: "The Rattlesnake Wind Project will be a valuable asset benefitting Texas' electricity consumers, further evidence that the state's encouragement of diverse generation resources is succeeding.

"RES looks forward to working alongside Goldwind Americas and contributing additional renewable electricity to the ERCOT grid."

For the procurement of this project, Xinjiang Goldwind Science and Technology's another subsidiary Goldwind Capital was responsible for providing bridge financing.