Ruian No. 1 Phase II Offshore Wind is a 452.4MW offshore wind power project. It is planned in East China Sea, Zhejiang, China. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2026.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Offshore | 452.4 | – | 452.4 | Announced | Zhejiang, China | China Huaneng Group |
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Description
The project is being developed and currently owned by China Huaneng Group.
The project cost is expected to be around $1,246.542m. The project will be spread over an area of 52.2km².
Development Status
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2026.
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By GlobalDataAbout China Huaneng Group
China Huaneng Group Co Ltd (CHNG) is a state-owned power generation company. It invests, develops, constructs, operates and manages power sources in China. The company develops coal-fired, hydro, wind, solar, nuclear and natural gas-fired power projects. CHNG also involved in the development, investment, construction, production and sale of products related to energy transportation, finance, renewable energy and environmental protection; and industrial investment, operation, and management activities. The company also produces and sells power and heat; and constructs power transmission, and coal transportation channels, as well as develops coal bases and coal power bases. CHNG is headquartered in Xicheng District, Beijing, China.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
