China Ming Yang, Hebei province govt to develop wind power projects
(ADPnews) - Dec 3, 2010 - Wind turbine maker China Ming Yang Wind Power Group (NYSE:MY) on Friday said it had agreed to work together with the Hebei province government in northern China on a number of wind power developments.
The deal will help Ming Yang expand its operations and bolster its market share in China, the company said.
Under the memorandum of understanding between the two parties, Ming Yang will set up a carbon filter factory to make 3 MW-6 MW wind turbine blades and battery systems for wind/solar hybrid energy storage systems. The local government also plans to award Ming Yang and other utility firms projects to install at least 1 GW of solar and wind power capacity around the city of Chengde and 2 GW of offshore wind energy capacity.
Hebei has huge offshore and onshore wind power potential as it is located between the Inner Mongolian Plateau and the Bohai Sea.