Goldwind
also
announced
it
will
take
a
minority
stake
in
the
acquiring
company
Sinomatech,
China’s
leading
blade
manufacturer.
Jiangsu-based
Tianhe
Wind
Power
Blade
was
set
up
in
2007
and
acquired
by
Goldwind
at
the
end
of
2010.
At
the
time,
many
Chinese
turbine
makers
were
looking
to
bring
component
production
in-house
to
lower
costs.
However
with
profits
in
freefall
at
China’s
top
turbine
manufacturers,
Goldwind
says
it
will
be
in
a
stronger
position
buying
blades
from
outside.
“In
order
to
strengthen
our
competitive
advantage
in
the
industry...we
shall
focus
on
areas
such…
