ZHONGSHAN, China, May 10, 2012 /PRNewswire-Asia/ -- China Ming Yang Wind Power Group Limited (NYSE: MY) ("Ming Yang" or the "Company"), a leading wind turbine manufacturer in China, today announced that its MY-3.0MW Super-Compact Drive ("SCD") wind turbine generator ("WTG") has successfully passed low voltage ride through ("LVRT") performance tests and obtained the LVRT certification.
The test was conducted by China Electric Power Research Institute ("CEPRI") at the Zhangbei Wind Power Test Base in Hebei Province. CEPRI is a subsidiary research institute of the State Grid Corporation of China ("SGCC"), a multi-disciplinary and comprehensive research institution in China's electric power sector.
The LVRT requirement is specified under the grid code, and refers to the WTGs' ability to react properly to sudden fluctuations in grid voltage, and to remain connected to the grid under these abnormal conditions.
"It is the first large-scale and grid-connected 3.0MW WTG with a built-in full power converter that has successfully passed the LVRT test," said Chuanwei Zhang, Chairman and Chief Executive Officer of Ming Yang. "The official certification of our MY-3.0MW SCD WTGs from the CEPRI is an important endorsement of the quality of our WTGs. We believe our first-class WTGs will allow us to strengthen our market position, while we tirelessly improve the competitiveness of our WTGs and solutions to further enhance our leadership in the market."
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About China Ming Yang Wind Power Group Limited
China Ming Yang Wind Power Group Limited (NYSE: MY) is a leading and fast-growing wind turbine manufacturer in China, focusing on designing, manufacturing, selling and servicing megawatt-class wind turbines. Ming Yang produces advanced, highly adaptable wind turbines with high energy output and provides customers with comprehensive post-sales services. Ming Yang cooperates with aerodyne Energiesysteme, one of the world's leading wind turbine design firms based in Germany, to co-develop wind turbines. In terms of newly installed capacity, Ming Yang was a top 10 wind turbines manufacturer worldwide and the largest non-state owned wind turbine manufacturer in China in 2011.
For further information, please visit the Company's website: http://ir.mywind.com.cn.
Safe Harbor Statement
This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target" and similar statements. Such statements are based upon management's current expectations, results of and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond Ming Yang's control, which may cause Ming Yang's actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in Ming Yang's filings with the U.S. Securities and Exchange Commission. Ming Yang does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
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