BEIJING, Oct. 16 (Xinhua) -- Vestas, the world's leading wind power equipment manufacturer, would increase its investment in China to more than 3 billion yuan (439 million U.S. dollars) by the end of this year, China Daily reported Friday.
The Danish company officially inaugurated manufacturing facilities for wind turbine control systems and machined parts on Thursday in the Tianjin Economic Development Area.
Manufacturing control systems - the brains of the wind turbine - in China means Vestas has further localized its production and will source control system components from within the country, the newspaper said, citing Vestas' China President Lars Andersen.
The facilities, together with the nearby production lines for nacelles, blades, generators, control systems and machined parts, are the company's largest and most comprehensive wind energy manufacturing complexes globally with a total investment of 2.5 billion yuan.
China now has the fourth largest wind power capacity in the world. The sector has seen more than 100-percent growth year-on-year over the past three years, according to the National Energy Administration (NEA).
The country plans to build seven wind power bases with a minimum capacity of 10 gigawatts each by 2020, in a move to dramatically increase the use of clean energy, according to the newspaper.
