Huaneng Power puts on stream 48-MW Chinese wind park

Oct 17, 2014 - Chinese power producer Huaneng Power International Inc (HKG:0902) said Thursday it had hooked to the grid 48-MW of wind capacity in China's northeastern province of Liaoning.

To be more specific, the company has plugged in the second phase of the Liaoning Huaneng Changtu Laocheng wind plant, which utilises 24 turbines of 2 MW each. The project required a total investment of approximately CNY 364 million (USD 59.4m/EUR 46.4m).

Meanwhile, the company also put into operation two E-class natural gas combined cycle units, totalling 458.4 MW. Huaneng Power holds a 95% stake in their owner Zhejiang Huaneng Tongxiang Gas Turbine Cogeneration Co Ltd.

This week, Huaneng Power also said it plans to buy majority stakes in the owners of 49.5 MW of wind and 150 MW of hydropower plants (HPP) in China. This is part of a CNY-9.27-billion deal, involving 10 power plant operators, most of which in the coal and natural gas segments.

Huaneng Power currently holds a generation capacity of 67,394 MW in 19 Chinese provinces, municipalities and autonomous regions. The Company also has one Singapore-based power generation unit.

(CNY 1 = USD 0.163/EUR 0.127)

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