The
company
signed
an
agreement
this
month
with
local
power
group
Reliance
to
co-develop
up
to
2.5GW
of
clean-energy
projects
in
India.
Ming
Yang
will
also
take
a
55%
stake
in
Mumbai
turbine
maker
Global
Wind
Power
(GWP),
in
which
Reliance
is
the
major
shareholder.
The
move
—
the
first
Indian-Chinese
collaboration
in
the
wind
sector
—
may
see
Ming
Yang
become
the
first
of
the
Chinese
players
to
gain
a
foothold
in
the
rapidly
growing
market.
Chinese
companies
are
looking
for
attractive
new
regions,
and
prices
for…
