Heilongjiang Daqing Green Grassland Wind Farm, China

Heilongjiang Daqing Green Grassland Wind Farm is a 49.5MW onshore wind power project. It is located in Heilongjiang, China. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in 2012.

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Wind Power Market seeing increased risk and disruption

The wind power market has grown at a CAGR of 14% between 2010 and 2021 to reach 830 GW by end of 2021. This has largely been possible due to favourable government policies that have provided incentives to the sector. This has led to an increase in the share of wind in the capacity mix, going from a miniscule 4% in 2010 to 10% in 2021. This is further set to rise to 15% by 2030. However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. In light of this, GlobalData has identified which countries are expected to add the majority of wind power capacity out to 2030. Get ahead and download this whitepaper for more details on the current state of the Wind Power Market.

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Project Type	Total Capacity (MW)	Active Capacity (MW)	Pipeline Capacity (MW)	Project Status	Project Location	Project Developer
Onshore	49.5	49.5	–	Active	Heilongjiang, China	China Longyuan Power Group

Description

The project is developed and owned by China Longyuan Power Group.

The project generates 105,000MWh electricity thereby offsetting 99,350t of carbon dioxide emissions (CO2) a year. The project cost is $68.211m.

The wind power project consists of 33 turbines, each with 1.5MW nameplate capacity.

Development Status

The project is currently active. The project got commissioned in 2012.

About China Longyuan Power Group

China Longyuan Power Group Corp Ltd (CLPGC), a subsidiary of China Energy Investment Corporation Ltd designs, develops, constructs, manages and operates wind farms. It generates and sells electricity to the local grid companies. The company operates power projects such as thermal, solar, tidal, biomass and geothermal. It offers consultation, repair, maintenance and training services to wind farms and various renewable power plants. CLPGC also undertakes the development of offshore wind power and wind power at high altitudes and low wind speed area. In addition, the company develops the carbon credits generated by its renewable energy projects. It has operations across China, Canada and South Africa. CLPGC 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.