2010 Deep Research on China Wind Turbine Blade Industry�twas published by QY Research Wind Energy Research Center on Jan 2010. Since 2009, the price of China's wind turbine blade has dropped substantially, Some companies have started down the contract price. Some wind turbine blade manufacturers have begun to appear underemployment problem.On the development trends of current domestic wind power equipment market, supply and demand tension has been greatly eased with the original manufacturers and the new large-scale expansion project inputs. However, we believe that prospects of the whole wind power equipment manufacturing remain favorable, despite the huge profits time has slowly away, but is still a relatively high profit margins in manufacturing industries and the future market scale will be further expanded.

On July 24, 2009, China Development and Reform Commission published the Notice on Wind Power on the Pricing Policy. It stipulates that the whole country will be divided into four categories of wind power resource areas according to the situation of wind power resources and engineering construction conditions, and then the corresponding wind power electricity price benchmark will be fixed. Since August 1st of 2009, the wind power electricity price benchmark in Chinese four resource areas will be 0.51 RMB (0.074 USD) Kw/h, 0.54 RMB (0.079 USD) Kw/h, 0.58 RMB (0.085 USD) Kw/h, and 0.61 RMB (0.089 USD) Kw/h separately. We believe that the new pricing policy will have a favorable impact to enhance the operator's profitability and stimulate the development of China's wind power industry. As for the unreasonable redundant construction in wind power industry, the government also has introduced some relevant control measures, which is undoubtedly good news to the existing industries and enterprises. The original "long-term renewable energy development plan" for wind powers by 2020 the total installed capacity is determined by 30 million kilowatts, and now that goal may be adjusted to from 100 to 150 million kilowatts, 30 million kilowatts and the goals may be able to achieve in 2011. We believe that the policy of this series will make wind turbine blade industry maintain a continued healthy growth.

In the report, the following information will be included:

China Wind Turbine Blade Production Supply Sales Demand marketing and technology (equipment) information;

China Wind Turbine Blade production and demand from 2009-2014;

China Wind Turbine Blade manufacturers Wind Turbine Blade Capacity Production Cost Average selling price Production Value Revenue Profit etc information;

China Wind Turbine Blade manufacturers Product Information (included 750KW, 800KW,850KW,1.5MW,2.0MW wind turbine blade etc information and technology information);

Upstream raw materials analysis (included: glass fiber, resin etc raw materials sources and supply chain relationship; Equipment source and supply relationship);

Downstream client or demand analysis, (included: sales contracts customers etc);

China Wind Turbine Blade industry development trend analysis by technology (Hand Lay-up VARTM) price etc;

China Wind Turbine Blade industry development trend and related conclusions;

In a word, it was a depth research report on china Wind Turbine Blade industry chain. And thanks to the China Wind Turbine Blade marketing or technology experts help and support during QYResearch Wind Energy team survey and interview.

Chapter One Wind Turbine Blade Industry Overview   1

1.1 Definition of Wind Turbine Blade        1

1.2 Classification and Application 2

1.3 Wind Turbine Blade Structure 2

1.4 Industry Chain Structure       3

1.5 Wind Turbine Blade Industry Outlook  3

Chapter Two Manufacture Technology and Processes of Wind Turbine Blade    8

2.1 Wind Turbine Blade Manufacturing Technology Overview         8

2.2 Wind Turbine Blade Manufacture        11

2.2.1 Raw materials and Equipment          11

2.2.2 Wind Turbine Blade Cost structure   12

2.3 Raw materials and equipment suppliers            14

2.3.1 Wind Turbine Blade Mould  14

2.3.2 Resin        17

2.3.3 Glass fiber products           22

2.3.4 Sandwich material  25

2.3.5 Supplementary material       27

2.4 China Wind Turbine Blade enterprises Manufacturing Technology          29

2.5 Prospect of Wind Turbine Blade Manufacturing Technology      30

Chapter Three China Wind Turbine Blade Productions Supply Sales Demand Market Status and Forecast       31

3.1 Wind Turbine Blade Productions Overview      31

3.2 Wind Turbine Blade Demand  36

3.3 Supply and Demand of China Wind Turbine Blade        93

3.4 Cost Price Value Profit Margin of China Wind Turbine Blade      93

3.5 Wind Turbine Blade Customer relationship List 97

3.6 2009-2014 Different Wind Turbine Blades New Installed Capacity�iMW�jand Market share List   98

Chapter Four China Wind Turbine Blade Key Manufacturers   100

4.1 Zhong Hang Huiteng Wind Power Equipment Co., Ltd�iBaoding Jiuquan Qinhuangdao�j  100

4.2 Zhongfu Lianzhong Composites Group Co. Ltd�iLianyungang Jiuquan Baotou Shenyang�j           110

4.3 Vestas�iDenmark Tianjin 2.0MW 850KW Wind turbine�j          118

4.4 Dongqi�iTianjin 1.5MW�j      126

4.5 LM Glasfiber�iDenmark Tianjin�j       131

4.6 Zhong Neng Windpower�iBaoding VARTM Hand Lay-up�j        139

4.7 Sinoma�iBeijing Jiuquan�j      147

4.8 Guo Dian United Power�iBaoding Lianyungang�j         152

4.9 GCL Wind Energy�iJiangsu�j 155

4.10 Gamesa�iSpain Tianjin 850KW 2.0MW Wind turbine�j           160

4.11 Suzlon�iIndia Tianjin 1.25MW 1.5MW Wind turbine�j            167

4.12 Shanghai FRP Research Institute�iLengGuang Industrial 600629 Shanghai Guosheng Corporation�j        174

4.13 Nordex�iGermany Dongying 1.5MW Wind turbine�j  180

4.14 Xinfeng Energy�iTianjin 000836�j    185

4.15 Miracle Logistics�i002009 Wuxi 800KW 1.25MW�j   191

4.16 Sino-wind�iHY Wind Baiying Baoding �j        196

4.17 SANY�iBeijing Jilin Tongyu�j           203

4.18 Tianwei Wind Power�iBaoding 1.5MW�j       207

4.19 Other wind turbine blade manufacturers        212

4.19.1 Henan Mingdu Wind-power Co. Ltd�iHenan 1.5MW�j         212

4.19.2 Luoyang Sunrui wind turbine blade Co. Ltd�iHenan 2MW�j  212

4.19.3 Granville century Wind Power Equipment Co., Ltd.�iShandong 1.5MW�j      213

4.19.4 Siemens Wind Power company�iShanghai Building project�j 214

4.19.5 Jiangsu Jiuding Group�iJiangsu 1.5MW�j   214

4.19.6 Hangtian yijiu Technology Development Co., Ltd�iInner Mongolia 1.5MW�j   214

4.19.7 Zhuzhou Times New Materials Technology Co., Ltd�iHunan�j          215

4.19.8 Suzhou Li Cang Wind Power Equipment Co., Ltd.�iJiangsu�j           216

4.19.9 SQ Wind�iHarbin 1.5MW�j           216

4.19.10 Lintex Composites Co.,Ltd�iZhejiang�j     217

4.19.11 Zhangjiakou Kunyuan wind power�iHebei�j           218

4.19.12 Skaugen Company�iDenmark  Proposed Project�j 218

4.19.13 Nanfang Ventilator Co., Ltd.�i300004 �j    218

4.19.14 Canada Hanwei Energy Services Corp�iHeilongjiang Baotou�j         219

4.19.15 Aeolon Wind Energy Technology Development Co., Ltd. �iShanghai�j          219

4.19.16 TPI Composites Co., Ltd.�iUSA Taicang�j            221

Chapter Five Downstream Co-operation Wind Turbine Manufacturers 222

5.1 Sinovel�iBeijing 1.5MW 3.0MW�j      222

5.2 Goldwind�iXinjiang 750KW 1.5MW 2.5MW�j 232

5.3 DEC�i600875 1.5MW�j        245

5.4 Mingyang�iGuangdong 1.5MW 3.0MW�j       252

5.5 Windey�iZhejiang 750KW 800KW 1.5MW�j    256

Chapter Six Feasibility Analysis of China New Wind Turbine Blade Projects     263

6.1 Opportunity and Risk of China Wind Turbine Blade Projects      263

6.2 Feasibility Analysis of Wind Turbine Blade project         265

Chapter Seven Wind Turbine Blade Industry Research Conclusions     269

Tables and Figures:

Figure Wind Turbine Blade Structure        2

Figure Wind Turbine Blade Industry Chain Structure          3

Table China Wind power policies and measures List           5

Table China Million KW Wind Farm program List   6

Figure 2009-2014 China Annual Newwind power  Installed Capacity�iMW�jand growth rate 7

Figure Wind Turbine Blade VARTM Schematic      8

Figure Wind turbine blade production flow chart    9

Figure Molding Process Flow      9

Figure Wind Mold Manufacturing Flow Chart        9

Table Wind turbine blades manufacture raw materials and equipment list       11

Figure Wind turbine blade production costs (including glass fiber, resin, sandwich etc) structure        12

Figure Wind turbine cost structure           13

Table China Top 16 wind power enterprise Manufacturing Technology         29

Table 2009-2014 China Top 18 Wind Turbine Blade Manufacturer Capacity (MW) and Total Capacity List       31

Table 2009-2014 China Top 18 Wind Turbine Blade Manufacturer Capacity (MW) Market Share List  32

Table 2009-2014 China Top 18 Wind Turbine Blade Manufacturer Production (MW) and China Total Production List   33

Table 2009-2014 China Top 18 Wind Turbine Blade Manufacturer Production (MW) Market Share List           34

Figure 2009-2014 China Wind Turbine Blade Capacity Production (MW) and Growth Rate    34

Table China all Wind turbine blade production base and capacity List            35

Table China 1st 2nd 3rd 4th 5th Round Wind Power Concession Projects Bidding Result List 36

Table 2005 China 26 Wind Farm Wind Turbine Partner and Installed Capacity (KW) List        37

Table 2006 China 52 Wind Farm Wind Turbine Partner and Installed Capacity (KW) List        38

Table 2007 China 104 Wind Farm Operator Wind Turbine Partner and Installed Capacity (KW) List    40

Table 2008 China 201 Wind Farm Operator Wind Turbine Partner and Installed Capacity (KW) List    43

Table 2009 China New Wind Farm Operator Wind Turbine Partner and Installed Capacity (KW) List   74

Table 2010 China all wind farm projects under construction List      78

Table The Seven Reasons of China High Speed Wind Power Development    87

Table China Wind Solar Waterpower Firepower Nuclear power etc Power Cost and Grid-Connected Power Price (RMB/KWH) List            88

Table China Government Wind Energy Support Policies List            88

Table National Development and Reform Commission �es new benchmark on-grid wind power price List         90

Figure Analysis of new on-grid wind power price mechanism impacts on wind power equipment manufacturers and wind farm operators           91

Figure 2009-2014 China Wind power Annual New Installed Capacity (MW) and growth rate  92

Figure 2009-2014 China Wind Turbine Blade Demand (MW) and Growth Rate         92

Table 2009-2014 China Wind Turbine Blade Production.Demand. Shortage (MW) List           93

Table 2009-2014 Huiteng Zhong Neng Xinfeng Energy etc Wind Turbine Blade Manufacturers 750KW Wind Turbine Blade Price�i10K RMB/set�j    93

Table 2009-2014 Huiteng Zhongfu LM Sinoma etc Manufacturers 1.5MW Wind Turbine Blade Price�i10K RMB/set�j  94

Table 2009-2014 Huiteng Zhongfu LM Sinoma etc Manufacturers 2.0MW Wind Turbine Blade Price�i10K RMB/set�j  94

Table 2009-2014 China 750KW Wind Turbine Blade Cost Price Profit�i10K RMB/set�jProfit Margin List        94

Table 2009-2014 China 1.5MW Wind Turbine Blade Cost Price Profit�i10K RMB/set�jProfit Margin List        95

Table 2009-2014 China 2.0MW Wind Turbine Blade Cost Price Profit�i10K RMB/set�jProfit Margin List        95

Figure 2009-2014 China Wind Turbine Blade Production Value�iBilllion RMB�jand growth rate           96

Figure 2009 China Partnership between wind turbine blade companies and wind turbine companies     97

Table 2009 China Partnership (contracts Order models) between wind turbine blade companies and wind turbine companies List            97

Table 2009-2014 China 750KW 850KW 1.25MW 1.5MW 2.0MW etc Wind Turbine Blade New Installed Capacity �iMW�j      98

Table 2009-2014 China 750KW 850KW 1.25MW 1.5MW 2.0MW etc Wind Turbine Blade New Installed Capacity Market share            98

Figure 2009 China 750KW 850KW 1.25MW 1.5MW 2.0MW etc Wind Turbine Blade New Installed Capacity Market share      99

Figure 2009 China Market share of domestic and foreign wind turbine blade manufacturers   100

Table Zhong Hang Huiteng Wind turbine blade Company Information Table�iProducts, Revenue, Raw Materials�CClients and orders, Production plants, Expansion Plan, Contacts etc 14 items�j            100

Table Zhong Hang Huiteng 750KW 1.25MW 1.5MW 2.0MW 2.5MW Wind Turbine Blade items Production Schedule   102

Table Zhong Hang Huiteng main production equipment and parameters List  103

Table 2009-2014 Zhong Hang Huiteng Wind turbine blade Capacity Production�iMW�jList    104

Figure 2009-2014 Zhong Hang Huiteng Wind turbine blade Capacity Production�iMW�jand growth rate          104

Table 2009-2014 Zhong Hang Huiteng Capacity Utilization ratio Sales�iMW�jList      104

Table 2009-2014 Zhong Hang Huiteng 750KW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List            105

Figure 2009-2014 Zhong Hang Huiteng 750KW Wind turbine blade Sale(set) and growth rate List       105

Table 2009-2014 Zhong Hang Huiteng 1.25MW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List            105

Figure 2009-2014 Zhong Hang Huiteng 1.25MW Wind turbine blade Sale(set) and growth rate List     106

Table 2009-2014 Zhong Hang Huiteng 1.3MW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List            106

Figure 2009-2014 Zhong Hang Huiteng 1.3MW Wind turbine blade Sale(set) and growth rate List       107

Table 2009-2014 Zhong Hang Huiteng 1.5MW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List            107

Figure 2009-2014 Zhong Hang Huiteng 1.5MW Wind turbine blade Sale(set) and growth rate List       108

Table 2009-2014 Zhong Hang Huiteng 2.0MW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List            108

Figure 2009-2014 Zhong Hang Huiteng 2.0MW Wind turbine blade Sale(set) and growth rate List       109

Figure 2009-2014 Zhong Hang Huiteng other Wind turbine blade�i1.0MW 2.5MW etc�jSale(set) and growth rate List  109

Table Zhongfu LianzhongWind turbine blade Company Information Table�iProducts, Revenue, Raw Materials�CClients and orders, Production plants, Expansion Plan, Contacts etc 14 items�j            111

Table Zhongfu Lianzhong 1.5MW 2.0MW 3.0MW Wind Turbine Blade Wind Turbine Blade items put into operation Schedule   113

Table 2009-2014 Zhongfu Lianzhong Wind turbine blade Capacity Production�iMW�jList      113

Figure 2009-2014 Zhongfu Lianzhong Wind turbine blade Capacity Production�iMW�jand growth rate           114

Table 2009-2014 Zhongfu Lianzhong Capacity Utilization ratio Sales�iMW�jList       114

Table 2009-2014 Zhongfu Lianzhong LZ77/70-1.5MW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List            114

Figure 2009-2014 Zhongfu Lianzhong LZ77/70-1.5MW Wind turbine blade Sale(set) and growth rate List       115

Table 2009-2014 Zhongfu Lianzhong LZ70-2.0MW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List            115

Figure 2009-2014 Zhongfu Lianzhong LZ70-2.0MW Wind turbine blade Sale(set) and growth rate List            116

Table 2009-2014 Zhongfu Lianzhong LZ64-1.25MW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List            116

Figure 2009-2014 Zhongfu Lianzhong LZ64-1.25MW Sale(set) and growth rate List 117

Table Vestas Company Information Table�iProducts, Revenue, Raw Materials�CClients and orders, Production plants, Expansion Plan, Contacts etc 14 items�j       118

Table 2009-2014 Vestas China Wind turbine blade Capacity Production�iMW�jList    122

Figure 2009-2014 Vestas China Wind turbine blade Capacity Production�iMW�jand growth rate         123

Table 2009-2014 Vestas China Capacity Utilization ratio Sales�iMW�jList     123

Table 2009-2014 Vestas China V80-2.0 MW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List            123

Figure 2009-2014 Vestas China V80-2.0 MW Wind turbine blade Sale(set) and growth rate List          124

Table 2009-2014 Vestas China V52/60-850KW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List            124

Figure 2009-2014 Vestas China V52/60-850KW Wind turbine blade Sales(set) and growth rate List     125

Table Dongqi Wind turbine blade Company Information Table�iProducts, Revenue, Raw Materials�CClients and orders, Production plants, Expansion Plan, Contacts etc 14 items�j     126

Table 2009-2014 Tianjin Wind turbine blade Capacity Production�iMW�jList            128

Figure 2009-2014 Tianjin Dongqi Wind turbine blade Capacity Production�iMW�jand growth rate      129

Table 2009-2014 Tianjin Dongqi Capacity Utilization ratio Sales�iMW�jList  129

Table 2009-2014 Tianjin Dongqi 1.5MW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List 129

Figure 2009-2014 Tianjin Dongqi 1.5MW Wind turbine blade Sale(set) and growth rate List   130

Table LMWind turbine blade Company Information Table�iProducts, Revenue, Raw Materials�CClients and orders, Production plants, Expansion Plan, Contacts etc 14 items�j     132

Table 2009-2014 LM China Wind turbine blade Capacity Production�iMW�jList       134

Figure 2009-2014 LM China Wind turbine blade Capacity Production�iMW�jand growth rate 135

Table 2009-2014 LM China Wind turbine blade Capacity Utilization ratio Sales�iMW�jList      135

Table 2009-2014 LM China 1.5MW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List 136

Figure 2009-2014 LM China 1.5MW Wind turbine blade Sale(set) and growth rate List          136

Table 2009-2014 LM China 2.0MW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List 136

Figure 2009-2014 LM China 2.0MW Wind turbine blade Sale(set) and growth rate List          137

Table Zhong Neng Wind turbine blade Company Information Table�iProducts, Revenue, Raw Materials�CClients and orders, Production plants, Expansion Plan, Contacts etc 14 items�j            139

Table 2009-2014 Zhong Neng Wind turbine blade Capacity Production�iMW�jList    142

Figure 2009-2014 Zhong Neng Wind turbine blade Capacity Production�iMW�jand growth rate         142

Table 2009-2014 Zhong Neng Capacity Utilization ratio Sales�iMW�jList     142

Table 2009-2014 Zhong Neng ZN23.5 750KW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List            143

Figure 2009-2014 Zhong Neng ZN23.5 750KW Wind turbine blade Sale(set) and growth rate List       143

Table 2009-2014 Zhong Neng ZN25.0 800KW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List            143

Figure 2009-2014 Zhong Neng ZN25.0 800KW Wind turbine blade Sale(set) and growth rate List       144

Table 2009-2014 Zhong Neng 1.0MW (ZN27.0/31.0) Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List            144

Figure 2009-2014 Zhong Neng 1.0MW (ZN27.0/31.0) Wind turbine blade Sale(set) and growth rate List         145

Table 2009-2014 Zhong Neng 1.5MW(ZN37.5/40.3) Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List            145

Figure 2009-2014 Zhong Neng Wind turbine blade1.5MW(ZN37.5/40.3) Wind turbine blade Sale(set) and growth rate List        146

Table Sinoma Wind turbine blade Company Information Table�iProducts, Revenue, Raw Materials�CClients and orders, Production plants, Expansion Plan, Contacts etc 14 items�j     147

Table 2009-2014 Sinoma Wind turbine blade Capacity Production�iMW�jList           149

Figure 2009-2014 Sinoma Wind turbine blade Capacity Production�iMW�jand growth rate    150

Table 2009-2014 Sinoma Capacity Utilization ratio Sales�iMW�jList            150

Table 2009-2014 Sinoma 1.5MW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List 150

Figure 2009-2014 Sinoma 1.5MW Wind turbine blade Sale(set) and growth rate List 151

Table Guo Dian United Power Wind turbine blade Company Information Table�iProducts, Revenue, Raw Materials�CClients and orders, Production plants, Expansion Plan, Contacts etc 14 items�j 152

Table 2009-2014 Guo Dian United Power Wind turbine blade Capacity Production�iMW�jList            153

Figure 2009-2014 Guo Dian United Power Wind turbine blade Capacity Production�iMW�jand growth rate     154

Table 2009-2014 Guo Dian United Power Capacity Utilization ratio Sales�iMW�jList 154

Table 2009-2014 Guo Dian United Power 1.5MW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List            154

Figure 2009-2014 Guo Dian United Power 1.5MW Wind turbine blade Sale(set) and growth rate List  155

Table GCL Wind Energy Wind turbine blade Company Information Table�iProducts, Revenue, Raw Materials�CClients and orders, Production plants, Expansion Plan, Contacts etc 14 items�j            156

Table 2009-2014 GCL Wind Energy Wind turbine blade Capacity Production�iMW�jList        158

Figure 2009-2014 GCL Wind Energy Wind turbine blade Capacity Production�iMW�jand growth rate 159

Table 2009-2014 GCL Wind Energy Capacity Utilization ratio Sales�iMW�jList         159

Table 2009-2014 GCL Wind Energy 1.5MW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List            159

Figure 2009-2014 GCL Wind Energy 1.5MW Wind turbine blade Sale(set) and growth rate List          160

Table Gamesa Company Information Table�iProducts, Revenue, Raw Materials�CClients and orders, Production plants, Expansion Plan, Contacts etc 14 items�j       160

Table 2009-2014 Gamesa China Wind turbine blade Capacity Production�iMW�jList 163

Figure 2009-2014 Gamesa China Wind turbine blade Capacity Production�iMW�jand growth rate      164

Table 2009-2014 Gamesa China Capacity Utilization ratio Sales�iMW�jList   164

Table 2009-2014 Gamesa G52/58-850 KW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List            165

Figure 2009-2014 Gamesa G52/58-850 KW Wind turbine blade Sales(set) and growth rate List          165

Table 2009-2014 Gamesa G80/87-2.0 MW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List            165

Figure 2009-2014 Gamesa G80/87-2.0 MW Wind turbine blade Sales(set) and growth rate List          166

Table Suzlon Company Information Table�iProducts, Revenue, Raw Materials�CClients and orders, Production plants, Expansion Plan, Contacts etc 14 items�j       167

Table 2009-2014 Suzlon China Wind turbine blade Capacity Production�iMW�jList   170

Figure 2009-2014 Suzlon China Wind turbine blade Capacity Production�iMW�jand growth rate        171

Table 2009-2014 Suzlon China Capacity Utilization ratio Sales�iMW�jList    171

Table 2009-2014 Suzlon China S64-1.25 MW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List            171

Figure 2009-2014 Suzlon China S64-1.25 MW Wind turbine blade Sale(set) and growth rate List        172

Table 2009-2014 Suzlon China S82-1.5 MW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List            172

Figure 2009-2014 Suzlon China S82-1.5 MW Wind turbine blade Sale(set) and growth rate List          173

Table Shanghai FRP Research Institute Wind turbine blade Company Information Table�iProducts, Revenue, Raw Materials�CClients and orders, Production plants, Expansion Plan, Contacts etc 14 items    174

Table Shanghai FRP Research Institute 1.0MW 1.5MW 2.0MW Wind turbine blade put into operation Schedule           176

Table 2009-2014 Shanghai FRP Research Institute Wind turbine blade Capacity Production�iMW�jList           176

Figure 2009-2014 Shanghai FRP Research Institute Wind turbine blade Capacity Production�iMW�jand growth rate    177

Table 2009-2014 Shanghai FRP Research Institute Capacity Utilization ratio Sales�iMW�jList 177

Table 2009-2014 Shanghai FRP Research Institute 1.5MW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List            178

Figure 2009-2014 Shanghai FRP Research Institute 1.5MW Wind turbine blade Sale(set) and growth rate List  178

Table 2009-2014 Shanghai FRP Research Institute 1.0MW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List            178

Figure 2009-2014 Shanghai FRP Research Institute 1.0MW Wind turbine blade Sale(set) and growth rate List  179

Table Nordex Company Information Table�iProducts, Revenue, Raw Materials�CClients and orders, Production plants, Expansion Plan, Contacts etc 14 items�j       180

Table 2009-2014 Nordex China Wind turbine blade Capacity Production�iMW�jList  183

Figure 2009-2014 Nordex China Wind turbine blade Capacity Production�iMW�jand growth rate       184

Table 2009-2014 Nordex China Capacity Utilization ratio Sales�iMW�jList   184

Table 2009-2014 Nordex S70/S77/S82 1.5MW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List            184

Figure 2009-2014 Nordex S70/S77/S82 1.5MW Wind turbine blade Sale(set) and growth rate List      185

Table Xinfeng Energy Wind turbine blade Company Information Table�iProducts, Revenue, Raw Materials�CClients and orders, Production plants, Expansion Plan, Contacts etc 14 items�j            185

Table 2009-2014 Xinfeng Energy Wind turbine blade Capacity Production�iMW�jList           187

Figure 2009-2014 Xinfeng Energy Wind turbine blade Capacity Production�iMW�jand growth rate    187

Table 2009-2014 Xinfeng Energy Capacity Utilization ratio Sales�iMW�jList 188

Table 2009-2014 Xinfeng Energy 750KW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List 188

Figure 2009-2014 Xinfeng Energy 750KW Wind turbine blade Sale(set) and growth rate List  189

Table 2009-2014 Xinfeng Energy 1.5MW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List 189

Figure 2009-2014 Xinfeng Energy 1.5MW Wind turbine blade Sale(set) and growth rate List  190

Table Miracle Logistics Wind turbine blade Company Information Table�iProducts, Revenue, Raw Materials�CClients and orders, Production plants, Expansion Plan, Contacts etc 14 items�j            191

Table 2009-2014 Miracle Logistics Wind turbine blade Capacity Production�iMW�jList         193

Figure 2009-2014 Miracle Logistics Wind turbine blade Capacity Production�iMW�jand growth rate  193

Table 2009-2014 Miracle Logistics Capacity Utilization ratio Sales�iMW�jList           193

Table 2009-2014 Miracle Logistics 800KW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List            194

Figure 2009-2014 Miracle Logistics 800KW Wind turbine blade Sale(set) and growth rate List            195

Table 2009-2014 Miracle Logistics 1.25MW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List            195

Figure 2009-2014 Miracle Logistics 1.25MW Wind turbine blade Sale(set) and growth rate List          196

Table Sino-windWind turbine blade Company Information Table�iProducts, Revenue, Raw Materials�CClients and orders, Production plants, Expansion Plan, Contacts etc 14 items�j            197

Table 2009-2014 Sino-wind Wind turbine blade Capacity Production�iMW�jList       200

Figure 2009-2014 Sino-wind Wind turbine blade Capacity Production�iMW�jand growth rate            201

Table 2009-2014 Sino-wind Capacity Utilization ratio Sales�iMW�jList        201

Table 2009-2014 Sino-wind 1.5MW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List 201

Figure 2009-2014 Sino-wind 1.5MW Wind turbine blade Sale(set) and growth rate List         202

Table 2009-2014 Sino-wind 1.0MW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List 202

Figure 2009-2014 Sino-wind Wind turbine blade1.0MW Wind turbine blade Sale(set) and growth rate List       203

Table SANY Wind turbine blade Company Information Table�iProducts, Revenue, Raw Materials�CClients and orders, Production plants, Expansion Plan, Contacts etc 14 items�j     203

Table 2009-2014 SANY Wind turbine blade Capacity Production�iMW�jList 205

Figure 2009-2014 SANY Wind turbine blade Capacity Production�iMW�jand growth rate      206

Table 2009-2014 SANY Capacity Utilization ratio Sales�iMW�jList  206

Table 2009-2014 SANY 1.5MW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List 206

Figure 2009-2014 SANY 1.5MW Wind turbine blade Sale(set) and growth rate List   207

Table Tianwei Wind turbine blade Company Information Table�iProducts, Revenue, Raw Materials�CClients and orders, Production plants, Expansion Plan, Contacts etc 14 items�j     207

Table 2009-2014 Tianwei Wind turbine blade Capacity Production�iMW�jList          209

Figure 2009-2014 Tianwei Wind turbine blade Capacity Production�iMW�jand growth rate   210

Table 2009-2014 Tianwei Capacity Utilization ratio Sales�iMW�jList            210

Table 2009-2014 Tianwei 1.5MW Wind turbine blade Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List 210

Figure 2009-2014 Tianwei 1.5MW Wind turbine blade Sale(set) and growth rate List 211

Table Sinovel Company Information Table�iProducts, Revenue, Suppliers�CClients and orders,Contract, Production plants, Expansion Plan, Contacts etc 15 items�j   222

Table 2009-2014 Sinovel Wind turbine Capacity Production�iMW�jList       224

Figure 2009-2014 Sinovel Wind turbine Capacity Production�iMW�jand growth rate 225

Table 2009-2014 Sinovel wind turbine Capacity Utilization ratio Sales�iMW�jList      225

Table 2009-2014 Sinovel SL1500 1.5MW Wind turbine Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List 225

Figure 2009-2014 Sinovel SL1500 1.5MW Wind turbine sales(set) and growth rate List         226

Table 2009-2014 Sinovel SL3000 3.0MW Wind turbine Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List 226

Figure 2009-2014 Sinovel SL3000 3.0MW Wind turbine sales(set) and growth rate List         227

Table Sinovel all wind turbine installed Wind farm Owners Number Models Lifting time List   227

Table Goldwind Company Information Table�iProducts, Revenue, Suppliers�CClients and orders,Contract, Production plants, Expansion Plan, Contacts etc 15 items�j   232

Table 2009-2014 Goldwind Wind turbine Capacity Production�iMW�jList    236

Figure 2009-2014 Goldwind Wind turbine Capacity Production�iMW�jand growth rate         236

Table 2009-2014 Goldwind Capacity Utilization ratio Sales�iMW�jList         236

Table 2009-2014 Goldwind 750KW Wind turbine Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List 237

Figure 2009-2014 Goldwind 750KW Wind turbine sales(set) and growth rate List     237

Table 2009-2014 Goldwind 1.5MW Wind turbine Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List 237

Figure 2009-2014 Goldwind 1.5MW Wind turbine sales(set) and growth rate List     238

Table Goldwind all wind turbine installed Wind farm Owners Number Models Lifting time List           238

Table DEC Company Information Table�iProducts, Revenue, Suppliers�CClients and orders,Contract, Production plants, Expansion Plan, Contacts etc 15 items�j       245

Table 2009-2014 DEC Wind turbine Capacity Production�iMW�jList           248

Figure 2009-2014 DEC Wind turbine Capacity Production�iMW�jand growth rate    248

Table 2009-2014 DEC Capacity Utilization ratio Sales�iMW�jList    248

Table 2009-2014 DEC FD70/77 1.5MW Wind turbine Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List 249

Figure 2009-2014 DEC FD70/77 1.5MW Wind turbine sales(set) and growth rate List           249

Table DEC all wind turbine installed Wind farm Owners Number Models Lifting time List      249

Table Guangdong Mingyang Company Information Table�iProducts, Revenue, Suppliers�CClients and orders,Contract, Production plants, Expansion Plan, Contacts etc 15 items�j     252

Table 2009-2014 Mingyang Wind turbine Capacity Production�iMW�jList    254

Figure 2009-2014 Mingyang Wind turbine Capacity Production�iMW�jand growth rate         255

Table 2009-2014 Mingyang Capacity Utilization ratio Sales�iMW�jList         255

Table 2009-2014 Mingyang MY1.5S/SE Wind turbine Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List 255

Figure 2009-2014 Mingyang MY1.5S/SE Wind turbine sales(set) and growth rate List           256

Table Zhejiang Windey Company Information Table�iProducts, Revenue, Suppliers�CClients and orders,Contract, Production plants, Expansion Plan, Contacts etc 15 items�j   256

Table 2009-2014 Windey Wind turbine Capacity Production�iMW�jList       259

Figure 2009-2014 Windey Wind turbine Capacity Production�iMW�jand growth rate            260

Table 2009-2014 Windey Capacity Utilization ratio Sales�iMW�jList            260

Table 2009-2014 Windey WD49/50-750 Wind turbine Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List 260

Figure 2009-2014 Windey WD49/50-750 Wind turbine sales(set) and growth rate List           261

Table 2009-2014 Windey WD52-800 Wind turbine Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List 261

Figure 2009-2014 Windey WD52-800 Wind turbine sales(set) and growth rate List    262

Table 2009-2014 Windey WD70/77/82-1500 Wind turbine Sales�iset�jPrice�i10K RMB/set�jCost�i10K RMB/set�jRevenue�i10K RMB�jProfit Margin List 262

Figure 2009-2014 Windey WD70/77/82-1500 Wind turbine sales(set) and growth rate List     263

Table 2009 China Wind Turbine Blade Opportunity and Risk List     263

Table Feasibility Analysis of 500 sets/year 1.5MW Wind Turbine Blade (VARTM)      265

Table 500 sets/year 1.5MW Wind Turbine Blade (VARTM) Project Raw materials (glass fiber resin, etc.) amount and cost analysis            266

Table 500 sets/year 1.5MW Wind Turbine Blade (VARTM) Project Costs expenditure analysis            267

Table 500 sets/year 1.5MW Wind Turbine Blade (VARTM) Project Output income analysis     267

Table 500 sets/year 1.5MW Wind Turbine Blade (VARTM) Project Profitability payback period analysis           268