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  1. Market Data
November 23, 2021

Huaneng Dafeng Phase I Offshore Wind Farm, China

By Carmen

Huaneng Dafeng Phase I Offshore Wind Farm is a 301.6MW offshore wind power project. The project is located in Yellow Sea, Jiangsu, China. The project is currently active. It has been developed in multiple phases. Post completion of construction, the project got commissioned in September 2019.

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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
Offshore 301.6 301.6 Active Jiangsu, China Huaneng Renewables

Description

The project is developed and owned by Huaneng Renewables.

The wind turbines in the project are installed on fixed foundations. An array of monopile foundations feature in the project.

The project generates 740,000MWh electricity thereby offsetting 620,000t of carbon dioxide emissions (CO2) a year. The project cost is $882m.

Development Status

The project is currently active. The project got commissioned in September 2019.

Contractors Involved

Huaneng Dafeng Phase I Offshore Wind Farm (Huaneng Dafeng Phase I Offshore Wind Farm – Phase 1 ) is equipped with Envision Energy EN136-4.2 turbines. The phase consists of 48 turbines with 4.2MW nameplate capacity.

Huaneng Dafeng Phase I Offshore Wind Farm (Huaneng Dafeng Phase I Offshore Wind Farm – Phase 2 ) is equipped with CSIC HaiZhuang Windpower H151-5.0 turbines. The phase consists of 20 turbines with 5MW nameplate capacity.

About Huaneng Renewables

Huaneng Renewables Corporation Ltd (Huaneng Renewables), formerly Huaneng New Energy Industrial Co Ltd, is an alternative energy company that offers investment, construction and operation of new energy projects. The company develops wind power projects and promotes solar power and other renewable energies. It offers services such as investment, construction and operation of new projects. Huaneng Renewables provides green power development and clean energy production. The company operates projects in Xinjiang, Gansu, Qinghai, Inner Mongolia, Shanxi, Hubei, Sichan, Yunnan, Guangxi, Guizhou, Zhejiang, Shandong, Jilin, Liaoning and Beijing, among others. The company operates as a subsidiary of China Huaneng Group. Huaneng Renewables 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.

Related Companies

Free Report
img

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.
by GlobalData
Enter your details here to receive your free Report.

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