Goliath Wind signs 100 million euro deal in India

  • 2016-01-18
  • BNS/TBT Staff
TALLINN – The Estonian wind turbine technology developer Goliath Wind has signed a 100 million euro partnership deal with India's Steelite Engineering Ltd. under which the Indian company will start producing wind turbines based on Estonian technology. The partners also set up a joint venture, Steelite Capella Wind Plc, that will market the India-produced turbines in India and close markets, Goliath Wind CEO Soren Horn Petersen told BNS. In his words, launch of production will take 12-15 months and the agreement whose initial term is 10 years ...
 
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