LM Glasfiber Establishes Fourth Blade Manufacturing Facility in China and Launches Innovative Blade Concept

LM Glasfiber has signed a strategic cooperation agreement with a new customer, Envision, a leading Chinese wind turbine manufacturer. The agreement comprises a firm blade supply contract of minimum 2,000 MW for Envision's wind turbines, starting with their 1.5 MW turbine. As a result of the agreement, LM Glasfiber will establish its fourth manufacturing facility in China, in Jiangyin, close to Shanghai. Production in the new factory is on track to begin in Q2 this year.

This agreement also marks one of LM Glasfiber's first large scale contract based on the new innovative rotor blade concept called GloBlade. The LM 42.1 GloBlade1 offers a step change to the industry standard for the 1.5 MW wind turbines currently available in the market. GloBlade1 offers an innovative aerodynamic design developed in LM Glasfiber's wind tunnel which allows for an additional annual energy production increase of 4-5% over 40.3 blades. This enables LM Glasfiber's customers to open new markets for wind class III all around the world.

Lei Zhang, CEO of Envision says: "I am pleased to have signed this agreement with LM Glasfiber ensuring the delivery of high performing, high quality blades for our high quality wind turbines. LM Glasfiber's know-how, global footprint and long track record in the wind business will be a great asset to us as we expand our business in China and internationally."