EDF and state-owned mining and energy company China Energy Investment Corporation (CEI) have sealed an industrial partnership to develop offshore wind projects in China.<\/p>\n
The agreement has resulted in a new project company which is now building and operating 502MW of offshore wind projects in the North Shanghai region.<\/p>\n
The first is a 302MW wind farm fully commissioned in December 2019, as well as a 200MW project now in construction and due to be commissioned in 2021.<\/p>\n
These will beEDF Groups first offshore wind projects in China.<\/p>\n
EDF Group will hold a 37.5% stake in the company through its subsidiaries EDF Renewables and EDF China, while CEI holds the remaining stakes.<\/p>\n
Bruno Bensasson, EDF Group Senior Executive Vice-President Renewable Energies and Chairman and Chief Executive Officer of EDF Renewables said: Thanks to this partnership, EDF which is already present in China through its other businesses: nuclear, solar, onshore wind and energy services, is strengthening its footprint in this strategic market.<\/p>\n
This partnership is also part of EDFs 2030 strategy, the group is aiming to double its renewables capacities worldwide from 28GW to 50GW net between 2015 and 2030.<\/p>\n
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EDF inks agreement to develop its first offshore wind projects in China - Energy Live News - Energy Made Easy<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" EDF and state-owned mining and energy company China Energy Investment Corporation (CEI) have sealed an industrial partnership to develop offshore wind projects in China. The agreement has resulted in a new project company which is now building and operating 502MW of offshore wind projects in the North Shanghai region. The first is a 302MW wind farm fully commissioned in December 2019, as well as a 200MW project now in construction and due to be commissioned in 2021 Continue reading