Focusing on Offshore Wind Turbine Research and Development
March 13, 2012
RALEIGH, N.C.– China Ming Yang Wind Power Group Limited (NYSE:MY), a leading wind turbine manufacturer in China, opened its North American research and development center on the Centennial Campus of N.C. State University in Raleigh, North Carolina.
The new center will focus on state of the art research on offshore wind turbines to further enhance energy output and lower the cost of electricity. This research will be demonstrated in Ming Yang’s newly developed wind turbine generator (WTG). Dr. Shu Ching Quek, President of Ming Yang Wind Power USA Inc., will lead the center.
We welcome Ming Yang Wind Power to North Carolina. As the first industrial large-scale wind turbine R&D facility in the state, we look forward to a successful partnership in harnessing North Carolina’s wind power potential,” said Gov. Bev Perdue.
This announcement is in line with the recently released report from the Scientific Panel on Offshore Energy that recommended engaging wind-energy companies to promote opportunities for offshore wind development and making the state an east coast hub for the industry.
“We are very excited to set up a new R&D center on NCSU Centennial Campus in Raleigh to focus on cutting-edge technology research for our new wind turbines,” said Chuanwei Zhang, Chairman and Chief Executive Officer of Ming Yang. “The R&D center is Ming Yang’s first step into the United States. North Carolina is a proven natural ground for a new wind turbine since the state has the best offshore wind resources on the east coast. The concept of modular technology that is being developed will likely be applicable to the rest of Ming Yang’s product line, which will help to lower the cost of energy and increase reliability to make our wind turbines internationally competitive. We hope that this will strengthen our ability to provide innovative and customizable wind power solutions to our customers in the United States and around the world”, said Ming.
“We chose Centennial Campus as the location of our new R&D center to leverage the multi-disciplinary talent pool and provide a conducive environment for more innovations in this field,” said Dr. Shu Ching Quek, President of Ming Yang USA. “Our focus is to reduce Cost of Energy (“COE”) for offshore WTG. This can be achieved through advanced manufacturing methods and increase of efficiency from turbine to farm level system optimization. Another goal for the R&D center, also a challenge to the wind power industry, is to improve WTG reliability. Increased reliability further lowers the COE by reducing Operations & Maintenance (“O&M”) cost.”
During his career, Dr. Quek has developed 22 patents related to wind turbine blades and clean energy technologies. Prior to joining Ming Yang, Dr. Quek was a research associate professor for wind turbine design at Tufts University and previously headed multi-million dollar rotor development programs at General Electric.
Dr. Quek added, “We are very thankful for the warm welcome and logistical support we’ve received from N.C. State University, the N.C. Solar Center, and the N.C. Department of Commerce. We look forward to a great partnership in the years ahead.”
About China Ming Yang Wind Power Group Limited
China Ming Yang Wind Power Group Limited (NYSE: MY) is a leading and fast-growing wind turbine manufacturer in China, focusing on designing, manufacturing, selling and servicing megawatt-class wind turbines. Ming Yang produces advanced, highly adaptable wind turbines with high energy output and low energy production costs and provides customers with comprehensive post-sales services. Ming Yang cooperates with aerodyn Energiesysteme, one of the world’s leading wind turbine design firms based in Germany, to develop wind turbines and share intellectual property rights. For further information, please visit the Company’s website: http://ir.mywind.com.cn .
About the North Carolina Solar Center
Created in 1988, the North Carolina Solar Center, at N.C. State University, advances a sustainable energy economy by educating, demonstrating and providing support for clean energy technologies, practices, and policies. The Solar Center serves as a resource for innovative, clean energy technologies through demonstration, technical assistance, outreach and training. It also administers the Database of Incentives for Renewables & Efficiency (DSIRE), a resource providing financial incentives and policies. For more information about the N.C. Solar Center, visit: http://www.ncsc.ncsu.edu.
Calvin Lau, China Ming Yang Wind Power Group Limited, + 86-760-2813-8898, email@example.com
Pamela Leung, +852-2530-0228, firstname.lastname@example.org
Shannon Helm, N.C. Solar Center, 919-423-8340, email@example.com
Betsy McCorkle, N.C. Solar Center, 919-515-4382 , firstname.lastname@example.org