Shandong Peninsula North 5 Offshore Wind Power Project is a 600MW offshore wind power project. It is planned in Yellow Sea, Shandong, China. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2026.
Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Offshore | 600 | – | 600 | Permitting | Shandong, China |
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Description
The project is currently owned by CGN New Energy Holdings.
The project cost is expected to be around $1,693.56m. The project will be spread over an area of 94km².
Development Status
Post completion of the construction, the project is expected to get commissioned in 2026.
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.