Goldwind Science & Technology
Industry sector: Wind power
Ever since it was established in 1998, Goldwind has focused unswervingly on the importance of developing its own technology. In a little over a decade, the company has moved from importing technology from other companies to undertaking joint R&D efforts, to finally having its own independent R&D function and IP pipeline. The company acquired a 70% stake in German wind turbine designer Vensys in 2008 – a deal that not only allowed Goldwind to expand overseas and consolidate its production line, but also helped to enhance and expand the Goldwind IP portfolio.