Glasfiber has signed a strategic cooperation agreement with a new customer, Envision, a Chinese wind turbine manufacturer. The agreement comprises a blade supply contract of minimum 2,000MW for Envision's wind turbines, starting with their 1.5MW turbine.
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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 rotor blade concept called GloBlade. GloBlade offers an 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.
