2019/01/22 08:46:26 | Code: 181325 |

China greenlights 24 offshore wind projects

East China's Jiangsu Province has approved 24 offshore wind power projects, with a total capacity of 6.7 gigawatts (GW), under the so-called 'Three Gorges on Sea' project, local sources report. The wind farms are expected to be operational by the end of 2020.

TINNews |

East China's Jiangsu Province has approved 24 offshore wind power projects, with a total capacity of 6.7 gigawatts (GW), under the so-called 'Three Gorges on Sea' project, local sources report. The wind farms are expected to be operational by the end of 2020.

According to data provided by Xinhua news agency, the move came as part of Jiangsu’s ambitious plan to launch 10 GW-level offshore wind power plants, known as 'Three Gorges on Sea' project, alongside its coastal regions to boost clean energy consumption.

The Three Gorges Dam is the world's largest power station, with a total electric generating capacity estimated at 22,500 MW.

Jiangsu had 56 wind farms under operation by 2018, with online capacity reaching over 8.6 GW, Xinhua reported.

The 24 newly-approved projects, with total investment reaching 122.29 billion yuan (US$18.05 billion), will be developed by China’s top power generators, including China Energy Group, China General Nuclear Power Corp IPO-CGNP.HK, China Huaneng Group and State Power Investment Corp.

China aims to build seven large-scale wind power generation base in Jiangsu, Hebei, Jilin, Gansu, Xinjiang and Inner Mongolia, topping the country’s total wind power capacity to more than 100 GW by 2020.