After more than two years of studies, due diligence on local industrial facilities and negotiations with partners, China’s Goldwind has announced a R$1bn ($270m) deal to replace or repair 242 turbines of the failed Argentine OEM Impsa in Brazil, with a total capacity of just over 363MW.

The deal represents the official start of Goldwind’s commercial operations in the South American nation, where it will compete with six other OEMs already active there.