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EDF enters Chinese wind market

4C Offshore | Tom Russell
By: Tom Russell 26/03/2019 EDF
EDF Group has signed an agreement to participate in offshore wind projects China. The first agreement formally establishes a partnership with the Chinese power utility China Energy Investment Corporation (CEI), seeking to jointly deliver two offshore wind power projects in China.

The Dongtai IV and V offshore wind farms account for a total installed capacity of 500 MW and will be the EDF’s first projects in China. Located off the coast of Jiangsu Province north of Shanghai, the Dongtai IV project is currently being built with the construction of Dongtai V scheduled to begin in 2019. Subject to the signing of the final contracts, both partners will build and operate a total installed capacity of 500 MW, which will be gradually commissioned by 2021.

Jean-Bernard Lévy, EDF Group Chairman and Chief Executive Officer: “The agreements signed today consolidate EDF’s foothold in China, a strategic country for the Group’s international expansion. In China, EDF is now active in all main business segments, all of these helping the Group to support China’s energy ambitions whilst reducing CO2 emissions: nuclear, renewables and energy services.”

Via its subsidiary EDF Renouvelables, the EDF Group is very active in the European offshore wind market with more than 500 people working exclusively in this sector. The Group stated it is involved with 5.3 GW of offshore wind power, and is responsible for operating and maintaining 500 MW of this capacity.

With over 5GW of offshore wind capacity currently installed, China is a booming market. EDF's announcement provides further evidence of Europe's interest in the offshore wind market in China. Major market players are exploring investment opportunities with companies across the supply chain are looking for contracts on Chinese projects.

Just last week a new £2 million joint UK-China offshore wind research centre opened in Yantai City. The TUS-ORE Catapult Research Centre has been established to act as a renewable energy technology research and development centre with links into both the UK and China to support the growth in the offshore wind sector of each country.

4C Offshore provides market intelligence and analysis on the offshore wind market worldwide, including China. Within its Offshore Wind Intelligence Service is detailed information on over 270 Chinese offshore wind farm projects; this includes technical information and details on the supply chain. Furthermore the subscriptions provide information, news, online tools and documents to visualise and track market movements.

For more information on the offshore wind industry in China,
click here.

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