China Longyuan, Tianjin Harbor to collaborate on offshore wind projects
Aug 26, 2011 - China Longyuan Power Group Corp (HKG:0916) this week unveiled a strategic cooperation agreement with the regulatory commission of the Tianjin Harbor economic area for the development of offshore wind power projects.
The agreement is in line with the wind farm developer's plan to expand its offshore wind power operations.
The Tianjin Harbor economic area is located in the downstream of several rivers. The river channels and banks are suitable for wind power installations with a good wind resource.
At the end of June, China Longyuan started work on a 150-MW intertidal demonstration offshore wind power project in Jiangsu province in eastern China. The first 100-MW phase of the project is to come on stream in 2011, while the whole facility will be up and running in 2012.
China plans to bolster its installed offshore wind power capacity to 5 GW by 2015 and to 30 GW by 2020.