Shandong Peninsula South 3 Offshore Wind Power Project is a 301.6MW offshore wind power project. The project is located in Yellow Sea, Shandong, China. The project is currently active. It has been developed in single phase. The project construction commenced in 2021 and subsequently entered into commercial operation in December 2021.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Offshore | 301.6 | 301.6 | – | Active | Shandong, China | State Power Investment |
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Description
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The project is developed and owned by State Power Investment.
The wind turbines in the project are installed on fixed foundations. An array of monopile foundations feature in the project.
The project generates 830,000MWh of electricity. The project cost is $829.475m.
Development Status
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By GlobalDataThe project is currently active. The project construction commenced in 2021 and subsequently entered into commercial operation in December 2021.
Contractors Involved
Envision Energy was selected as the turbine supplier for the wind power project. The company provided 58 turbines, each with 5.2MW nameplate capacity.
About State Power Investment
State Power Investment Corp Ltd (SPIC) is a state-owned energy company that generates, distributes and sells electricity. The company constructs, operates and maintains nuclear power, thermal power, hydro and solar power plants. It offers services such as project management; operation and maintenance of power plants; power station engineering; project contracting and consultation solutions. In addition, it develops, invests, constructs, produces, operates and trades bauxite, alumina, and electrolytic aluminum. It generates electricity from various renewable energy sources including thermal, hydro, wind and nuclear. The company owns and operates power projects in Africa, Asia, Europe, Oceania, North America and South America. SPIC is headquartered in 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.
