This document provides a summary of a 58-page report on the cost and price of wind power equipment in China in 2011. It analyzes the costs and profit margins of key components including wind turbines ranging from 0.75MW to 3MW from manufacturers like Sinovel, Goldwind, and DEC. It also examines the costs of blades, gearboxes, generators, and other components. The report finds that while manufacturers earn profits, certain component markets like blades and gearboxes may have investment opportunities. It concludes with an analysis of the feasibility and profitability of wind farms in different wind resource areas.

1. 2011 Deep Research Report on Cost and Price of China Wind Power Equipment
2011 Deep Research Report on Cost and Price of China Wind Power Equipment
Hard copy :2000 USD
Electronic copy(PDF) :2000USD
Hard and Electronic copy :2500USD
Pages:58
Tables and figures : 88
Published date : Jan 28, 2011
Publisher: QY Research Group
Contact: Mr Zhang Dong 86-10-82945717 86-13811796901 sales@qyresearch.com
Summary:
《 2011 Deep Research Report on Cost and Price of China Wind Power Equipment 》 is a specific
wind power equipment Cost and price Profit deep research report.The report firest introduced
wind turbine (include Dual feed and Direct-drive Wind turbine and key turbine Models with
different power such as 0.75MW 1.5MW 2.0MW 2.5MW 3.0MW etc) cost and price ， then
introduced Blade （ 1.5MW 2.0MW 2.5MW 3.0MW ） ， Gearbox （ 1.5MW 3.0MW ）
Bearings （ 1.5MW 2.0MW 2.5MW 3.0MW ） Generator （ 1.5MW 3.0MW Doubly fed 1.5MW
2.0MW 2.5MW Direct Drive ） Yaw systems （ 1.5MW 2.0MW 2.5MW 3.0MW ） Pitch
Systems （ 1.5MW 2.0MW 2.5MW 3.0MW ） Control Systems （ 1.5MW 2.0MW 3.0MW ） wind
power Converter （ 1.5MW 2.0MW 3.0MW ） etc wind turbine key components Cost price profit
and profit margin etc information ， at the same time,we also made a detailed statistics on some
components manufacturers’ cost and price information ， In addition to the statistics of the
equipment Cost and price, the report also conduct a feasibility analysis on 49.5MW wind farm in I
II III IV type Wind Resource Area and some key components project.At last we made a summary
analysis on the development trend of wind power equipment Cost&Price. In a word, it was a depth
research report on china Wind power equipment cost and price industry. And thanks to the China
Wind power equipments marketing or technology experts’ help and support during QYResearch
Wind Energy team survey and interviews.
QYResearch Mr. Zhangdong sales@qyresearch.com 13811796901 8610-82945717 1(7 Total)

2. 2011 Deep Research Report on Cost and Price of China Wind Power Equipment
Table of Contents:
Chapter One China Wind Power Equipment Industry Overview 1
1.1 Wind power equipment industry Chain 1
1.2 Wind Turbine blade industry Chain 5
1.3 China Wind turbine Gear Box Industry Chain 7
1.4 Wind bearings industry Chain 7
Chapter Two Wind Turbine Cost and Price Profit Margin Analysis 9
2.1 Sinovel（601558） 9
2.1.1 SL1500 Series Wind turbine Cost and price 9
2.1.2 SL3000 Series Wind turbine Cost and price 10
2.2 Goldwind (002202) 11
2.2.1 750KW Series Wind turbine Cost and price 11
2.2.2 1500KW Series Direct Drive Wind turbine Cost and price 13
2.2.3 2500KW Series Direct Drive Wind turbine Cost and price 15
2.3 DEC (600875) 16
2.3.1 1.5MW Doubly-fed induction wind turbine Cost and price 16
2.4 Mingyang 18
2.4.1 1.5MW Doubly-fed induction wind turbine Cost and price 18
2.5 Guodian United Power 19
2.5.1 1.5MW Series Doubly-fed induction wind turbine Cost and price 19
2.6 XEMC Windpower Co., Ltd（600416） 21
2.6.1 2.0MW Series Direct Drive Wind turbine Cost and price 21
Chapter Three Wind Turbine Blade Cost and Price Profit Margin Analysis 22
3.1 1.5MW Wind turbine blade Cost and price 22
3.2 2.0MW Wind turbine blade Cost and price 22
3.3 2.5MW Wind turbine blade Cost and price 23
3.4 3.0MW Wind turbine blade Cost and price 23
Chapter Four Wind Turbine Gearbox Cost and price Profit Margin Analysis 23
4.1 1.5MW Gearbox Cost and price 23
4.2 3.0MW Gearbox Cost and price 24
Chapter Five Wind Bearings Cost and price Profit Margin Analysis 24
5.1 1.5MW Wind Bearings Cost and price 24
5.2 2.0MW Wind Bearings Cost and price 25
5.3 2.5MW Wind Bearings Cost and price 25
5.4 3.0MW Wind Bearings Cost and price 25
QYResearch Mr. Zhangdong sales@qyresearch.com 13811796901 8610-82945717 2(7 Total)

3. 2011 Deep Research Report on Cost and Price of China Wind Power Equipment
Chapter Six Generator Cost and price Profit Margin Analysis 26
6.1 1.5MW Generator Cost and price 26
6.2 2.0MW Generator Cost and price 26
6.3 2.5MW Generator Cost and price 27
6.4 3.0MW Generator Cost and price 27
Chapter Seven Wind Turbine Yaw system cost and price margin 27
7.1 1.5MW Yaw system Cost and price 27
7.2 2.0MW Yaw system Cost and price 28
7.3 2.5MW Yaw system Cost and price 28
7.4 3.0MW Yaw system Cost and price 28
Chapter Eight Wind Turbine Pitch system Cost and price Profit Margin Analysis 29
8.1 1.5MW Pitch System Cost and price 29
8.2 2.0MW Pitch System Cost and price 29
8.3 2.5MW Pitch System Cost and price 29
8.4 3.0MW Pitch System Cost and price 30
Chapter Nine Wind Turbine Control system Cost and price Profit Margin Analysis 30
9.1 1.5MW Control Systems Cost and price 30
9.2 2.0MW Control Systems Cost and price 31
9.3 3.0MW Control Systems Cost and price 31
Chapter Ten Wind Power Converter Cost and price Profit Margin Analysis 32
10.1 1.5MW Converter Cost and price 32
10.2 2.0MW Converter Cost and price 36
10.3 3.0MW Converter Cost and price 36
Chapter Eleven Wind Power Blade Gearbox Converter Cost and price Investment Opportunities
Profitability Analysis 37
11.1 Wind turbine blade Feasibility 38
11.2 Wind power Gearbox Feasibility 41
11.3 Wind Power Converter Feasibility 44
Chapter Twelve Feasibility Analysis of Wind Farm Operation 48
12.1 Class 1 Wind Resource Area 48
12.2 Class 2 Wind Resource Area 49
12.3 Class 3 Wind Resource Area 50
12.4 Class 4 Wind Resource Area 52
Chapter Thirteen Research Summary 54
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4. 2011 Deep Research Report on Cost and Price of China Wind Power Equipment
Tables and Figures:
Figure Stucture of Wind power equipment industry chain 1
Figure Structure of Wind Turbine 2
Table Wind turbine industry chain (Blade Bearing gearbox Electronic Control System Generators
Wind farm operators, etc.) Companies List 2
Figure Wind Turbine Blade Industry Chain Structure 5
Figure Wind Turbine Blade Structure 6
Figure Wind Gear Box Industry chain 7
Figure Wind bearing Industry Chain Structure 7
Figure Wind Power bearing distribution in the wind turbine 8
Table 2009-2014 Sinovel SL1500 Wind Turbine Cost and price(10K RMB/Set) Profit Margin List
9
Table 2009-2014 Sinovel SL1500 Wind turbine （ Blade Control Systems Bearings Main Frame
Gearbox Generator etc.）detailed cost(10K RMB/Set) List 9
Figure Sinovel SL1500 Wind turbine Cost structure 10
Table 2009-2014 Sinovel SL3000 Wind turbine Cost and price(10K RMB/Set) Profit Margin List
10
Table 2009-2014 Sinovel SL3000 Wind turbine （ Blade Control Systems Bearings Main Frame
Gearbox Generator etc.）detailed cost(10K RMB/Set) List 10
Figure 2010 Sinovel SL3000 Wind turbine Cost structure 11
Table 2009-2014 Goldwind GW750KW Wind turbine Cost and price(10K RMB/Set) Profit
Margin List 11
Table 2009-2014 Goldwind GW 750KW Wind turbine （ Blade Control Systems Yaw system
Generator Gearboxetc）detailed cost(10K RMB/Set) List 12
Figure 2010 Goldwind GW 750KW Direct Drive Wind turbine Cost structure 13
Table 2009-2014 Goldwind GW1500KW Wind turbine Cost and price(10K RMB/Set) Profit
Margin List 13
Table 2009-2014 Goldwind GW1500KW Wind turbine （ Blade Converter Control Systems Pitch
System Generator etc.）detailed cost(10K RMB/Set) List 13
Figure 2010 Goldwind GW1500KW Direct Drive Wind turbine Cost structure 14
Table 2010-2014 Goldwind GW2500KW Permanent magnet Direct-drive wind turbine Cost and
price(10K RMB/Set) Profit Margin List15
Table 2010-2014 Goldwind GW2500KW Permanent magnet direct-drive wind turbine （ Blade
Full Power Converter Control Systems Pitch System Generator etc. ） detailed cost(10K
RMB/Set) List15
Figure 2010 Goldwind GW2500KW Permanent Magnet Direct-drive wind turbine Cost structure
16
Table 2009-2014 DEC FD70/771.5MW Wind turbine Cost and price(10K RMB/Set) Profit
Margin List 16
Table 2009-2014 DEC FD70/771.5MW Wind turbine （ Blade Control Systems Bearings Main
Frame Gearbox Generator etc.）detailed cost(10K RMB/Set) List 16
Figure 2010 DEC FD70/771.5MW Wind turbine Cost structure 17
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5. 2011 Deep Research Report on Cost and Price of China Wind Power Equipment
Table 2009-2014 Mingyang MY1.5MW Wind turbine Cost and price(10K RMB/Set) Profit
Margin List 18
+Table 2009-2014 Mingyang MY1.5MW Wind turbine （ Blade Control Systems Bearings Main
Frame Gearbox Generator etc.）detailed cost(10K RMB/Set) List 18
Figure 2010 Mingyang MY1.5MW Wind turbine Cost structure 19
Table 2009-2014 Guodian United Power UP1500 Wind turbine Cost and price(10K RMB/Set)
Profit Margin List 19
Table 2009-2014 Guodian United Power UP1500 Wind turbine （Blade Control Systems Bearings
Main Frame Gearbox Generator etc.）detailed cost(10K RMB/Set) List 19
Figure 2010 Guodian United Power UP1500 Wind turbine Cost structure 20
Table 2009-2014 XEMC Windpower 2000 Direct Drive Wind turbine Cost and price(10K
RMB/Set) Profit Margin List 21
Table 2009-2014 XEMC Windpower 2000 Direct Drive Wind turbine （ Blade Converter Control
Systems Pitch System Spindle Generator etc.）detailed cost(10K RMB/Set) List 21
Figure 2010 XEMC Windpower 2000 Direct Drive Wind turbine Cost structure 22
Table 2009-2014 1.5MW Wind turbine blade Cost and price (10K RMB/Set) Profit Margin List
22
Table 2009-2014 2.0MW Wind turbine blade Cost and price(10K RMB/Set) Profit Margin List22
Table 2009-2014 2.5MW Wind turbine blade Cost and price(10K RMB/Set) Profit Margin List23
Table 2009-2014 3.0MW Wind turbine blade Cost and price(10K RMB/Set) Profit Margin List23
Table 2009-2014 1.5MW Wind Turbine Gearbox Cost and price(10K RMB/Set) Profit Margin List
23
Table 2009-2014 3.0MW Wind Turbine Gearbox Cost and price(10K RMB/Set) Profit Margin List
24
Table 2010 China 1.5MW Wind turbine Bearings Cost (10K RMB/Set) List 24
Table 2009-2014 1.5MW Wind Spindle Bearings Cost and price(10K RMB/Set) Profit Margin
List 24
Table 2009-2014 2.0MW Wind Spindle Bearings Cost and price(10K RMB/Set) Profit Margin
List 25
Table 2009-2014 2.5MW Wind Spindle Bearings Cost and price(10K RMB/Set) Profit Margin
List 25
Table 2009-2014 3.0MW Wind Spindle Bearings Cost and price(10K RMB/Set) Profit Margin
List 25
Table 2009-2014 1.5MW doubly fed induction wind generator Cost and Price (10K RMB/Set)
Profit Margin List 26
Table 2009-2014 1.5MW Permanent magnet direct drive wind generator Cost and price(10K
RMB/Set) Profit Margin List 26
Table 2009-2014 2.0MW Permanent magnet direct drive wind generator Cost and price(10K
RMB/Set) Profit Margin List 26
Table 2009-2014 2.5MW Permanent magnet direct drive wind generator Cost and price(10K
RMB/Set) Profit Margin List 27
Table 2009-2014 3.0MW Doubly fed induction wind generator Cost and Price(10K RMB/Set)
Profit Margin List 27
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6. 2011 Deep Research Report on Cost and Price of China Wind Power Equipment
Table 2009-2014 1.5MW Wind turbine Yaw system Cost and price(10K RMB/Set) Profit Margin
List 27
Table 2009-2014 2.0MW Wind turbine Yaw system Cost and price(10K RMB/Set) Profit Margin
List 28
Table 2010-2014 2.5 MW Wind turbine Yaw system Cost and price(10K RMB/Set) Profit Margin
List 28
Table 2009-2014 3.0MW Wind turbine Yaw system Cost and price(10K RMB/Set) Profit Margin
List 28
Table 2009-2014 1.5MW Wind turbine Pitch System Cost and price(10K RMB/Set) Profit Margin
List 29
Table 2009-2014 2.0MW Wind turbine Pitch System Cost and price(10K RMB/Set) Profit Margin
List 29
Table 2010-2014 2.5 MW Wind turbine Pitch System Cost and price(10K RMB/Set) Profit Margin
List 29
Table 2009-2014 3.0MW Wind turbine Pitch System Cost and price(10K RMB/Set) Profit Margin
List 30
Table 2009-2014 AMSC Mita REnergy Electric Tianjin Dongfang Electric Auto-control
Engineering Co., Ltd.etc Manufacturers 1.5MW Wind turbineControl Systems average price (yuan
/ set) List 30
Table 2009-2014 China 1.5MW Wind turbine Control Systems Cost, price, profit (yuan / set)
margin List 30
Table 2009-2014 KK-Qianwei 2.0MW Wind turbine Control Systems Sales(set)
Price(10KRMB/SET) Cost(10KRMB/SET) Revenue(10K RMB) Profit Margin List 31
Table 2009-2014 AMSC WindtecChina 3.0MW Wind turbine Control Systems Sales(set)
Price(10KRMB/SET) Cost(10KRMB/SET) Revenue(10K RMB) Profit Margin List 31
Figure 2009-2014 China Wind turbine Control Systems Industry output value (100 Million RMB)
and growth rate 32
Figure 2010 China Wind Turbine converter cost structure 32
Table 2010 China 1.5MW Full-power converters Cost, price, profit analysis list 33
Table 2009-2014 ABB China ACS800-77LC Wind Power Converter Sales(set)
Price(10KRMB/SET) Cost(10KRMB/SET) Revenue(10K RMB) Profit Margin List 34
Table 2009-2014 ABB China ACS800 － 67 Wind Power Converter Sales(set)
Price(10KRMB/SET) Cost(10KRMB/SET) Revenue(10K RMB) Profit Margin List 34
Table 2009-2014 Converteam China ProWindWind Power Converter Sales(set)
Price(10KRMB/SET) Cost(10KRMB/SET) Revenue(10K RMB) Profit Margin List 34
Table 2009-2014 Converteam China MV7000Wind Power Converter Sales(set)
Price(10KRMB/SET) Cost(10KRMB/SET) Revenue(10K RMB) Profit Margin List 34
Table 2009-2014 Emerson WinTrust 1.5MWWind Power Converter Sales(set)
Price(10KRMB/SET) Cost(10KRMB/SET) Revenue(10K RMB) Profit Margin List 35
Table 2009-2014 Sungrow Full-power converters Sales(set) Price(10KRMB/SET)
Cost(10KRMB/SET) Revenue(10K RMB) Profit Margin List 35
Table 2009-2014 Sungrow Double-fed wind power converter Sales(set) Price(10KRMB/set)
Cost(10KRMB/set) Revenue (10K RMB) Profit Margin List 35
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7. 2011 Deep Research Report on Cost and Price of China Wind Power Equipment
Table 2009-2014 Emerson WinTrust 2.0MWWind Power Converter Sales(set)
Price(10KRMB/SET) Cost(10KRMB/SET) Revenue(10K RMB) Profit Margin List 36
Table 2009-2014 AMSC WindtecChina PM3000WWind Power Converter Sales(set)
Price(10KRMB/SET) Cost(10KRMB/SET) Revenue(10K RMB) Profit Margin List 36
Table Wind power industry chain Cost and price Investment opportunities Profitability analysis
37
Table 2011 China Wind Turbine Blade Opportunity and Risk List 38
Table Wind Turbine Blade (VARTM) Project Raw materials (glass fiber resin, etc.) consumption
and cost (10K RMB) analysis 39
Table Wind Gear Box project Feasibility Analysis41
Figure 800 sets/year 1.5MW Wind Gear Box project Production cost structure 43
Table 800 sets/year 1.5MW Wind Gear Box project Production Revenue Profit Payback period
Analysis 43
Table Full-power Wind Power Converter Project Investment Feasibility Analysis 44
Table 400*2MW Full-power Wind Power Converter Project investment costs (10K RMB) List 44
Table I Wind Resource Area 49.5MW Wind farm gross generation (MWh) On-grid electricity
(MWh) sales (Million RMB) carbon dioxide emission reductions (t) CDM revenues detailed
calculations List 48
TableⅡWind Resource Area 49.5MW Wind farm gross generation (MWh) On-grid electricity
(MWh) sales (Million RMB) carbon dioxide emission reductions (t) CDM revenues detailed
calculations List 49
Table ⅢWind Resource Area 49.5MW Wind farm gross generation (MWh) On-grid electricity
(MWh) sales (Million RMB) carbon dioxide emission reductions (t) CDM revenues detailed
calculations List 51
Table ⅣWind Resource Area 49.5MW Wind farm gross generation (MWh) On-grid electricity
(MWh) sales (Million RMB) carbon dioxide emission reductions (t) CDM revenues detailed
calculations List 52
Table 49.5MW Wind Farm Project (1.5MW * 33 sets) Investment Cost(10K RMB/Set) List 53
Table I II III IV Wind Resource Area Wind Farm Project payback period profits List 54
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