Ming Yang Wind Power International has shipped the first batch of turbine generators for a 4.5MW pilot project in Somovit, Bulgaria, which is expected to be commissioned by July this year.
In December, the firm entered into an engineering, procurement and construction (EPC) contract with W. Power EOOD and A1 Development EOOD for two 125MW wind projects in Bulgaria.
Ming Yang chairman and CEO Chuanwei Zhang said: "This represents a significant milestone of Ming Yang's overseas market development, marking an important step in extending our footprint in mainstream European markets.
"Our strategic partnership with W. Power is a strong endorsement of our capabilities and innovative business models for overseas markets, which are designed to provide total EPC solutions by combining equipment, technology, capital and financing support," added Zhang.
Under the EPC contracts, Ming Yang will provide W. Power with a total EPC solution including design, commissioning and all other services required to complete the projects. W. Power, in addition to providing local market support for Ming Yang International, is expected to help facilitate future business opportunities
The 120MW project in Milkovitsa, Bulgaria is scheduled to commence in the second half of 2012.
