Executive launched and commercialized Goldwind technology in Americas markets

CHICAGO (January 25, 2018)Goldwind Americas, a wholly-owned subsidiary of Xinjiang Goldwind Science & Technology Co., Ltd., (Goldwind) (SZSE: 002202) (HK: 2208), announced today that David Halligan, executive that helped launch Goldwind in the Americas, will be leaving as its chief executive officer. Mr. Halligan announced he is leaving the company to launch a new renewable energy venture focused on distributed and digital energy solutions. The venture will look to deploy Goldwind’s Permanent Magnet Direct-Drive (PMDD) wind turbine technology, with industry-leading availability, as part of its complement of energy solutions.

Mr. Halligan joined Goldwind in 2010 as chief financial officer and member of the executive team charged with launching Goldwind in the Americas. Serving as CEO for the last four years, Mr. Halligan successfully commercialized Goldwind’s PMDD technology in the Americas wind markets, achieved bankable status for the technology through the closing of milestone financings such as the tax equity financing of the 160-megawatt (MW) Rattlesnake project in McCulloch County, Texas, and expanded Goldwind’s base of installed turbines to approximately 685MW from Minnesota to Chile.

“I am honored to have had the opportunity to launch and lead the commercialization in the Americas of one of the world’s largest and most innovative wind technology companies,” said Mr. Halligan. “I would like to thank Goldwind Chairman Mr. Wu Gang for the opportunity to work with his company for nearly eight years and for fulfilling his vision of expanding Goldwind globally as an innovative energy technology leader. I look forward to continuing my relationship with Goldwind and value the PMDD technology as an industry-leading wind product.”

“I would like to thank David for leading Goldwind’s global expansion in the Americas markets,” said Chairman Wu. “Goldwind is very well-positioned for continued international growth through the strong efforts of our global teams, products and solutions that meet the needs of an evolving energy landscape, and our enhanced data-driven service capabilities. I look forward to continuing to work with David and am excited that Goldwind’s PMDD technology will be a key component of his company’s business model.”

Mr. Halligan will assist Goldwind in the transition of leadership, serving in an advisory capacity to the company upon the start of employment of his successor. Mr. Halligan will continue to support the Goldwind brand as it expands into other areas of technology and capital innovation.

About Goldwind Americas
Goldwind Americas, headquartered in Chicago, is a world leading wind turbine technology and energy solutions provider. A wholly-owned subsidiary of Xinjiang Goldwind Science & Technology Co., Ltd (SZSE: 002202) (HK: 2208), Goldwind’s revolutionary Permanent Magnet Direct Drive (PMDD) technology is shaping a new standard in wind energy. Goldwind Americas offers a full suite of innovative renewable energy solutions, including equipment sales, service, and capital. Goldwind Americas is a trade name of Goldwind USA, Inc. To learn more, visit www.goldwindamericas.com.

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Lauren La Marche
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