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Stock impact report

First turbine installed at Hai Long 3 wind farm in Taiwan [Yahoo! Finance]

MITSUI & CO LTD ADR (MITSY) 
US:NASDAQ Investor Relations: mitsui.com/us
Company Research Source: Yahoo! Finance
Hai Long 3 wind farm, moving the development into a critical phase of construction. Located 45–70km off the Changhua coast at water depths of 35–55m, the project is being jointly developed by Mitsui & Co., Northland Power and Gentari International Renewables. The Hai Long project has a planned total installed capacity of more than 1GW. Siemens Gamesa's Taichung facility assembled the nacelle for the turbine, which was then installed offshore by Taiwanese marine engineering contractor CDWE. A total of 73 locally produced nacelles have now been assembled and are being transported for installation at the site. Siemens Gamesa expanded its Nacelle 2.0 factory in response to the requirements of Hai Long, with nine Taiwanese suppliers achieving certification for its global supply chain. The project employs Siemens Gamesa's SG 14-222 wind turbine model with Power Boost technology, capable of delivering up to 15MW per unit. Local companies are contributing key components includin Show less Read more
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