Shanghai Penglai Demonstration Wind Farm is a 34MW offshore wind power project. It is planned in East China Sea, Shanghai, China. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the announced stage. It will be developed in a single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2028. Buy the profile here.
The project is being developed and currently owned by China National Offshore Oil and ConocoPhillips. The owners have 50% stake in the project respectively.
The wind power project consists of 4 turbines, each with 8.5MW nameplate capacity.
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2028.
For more details on Shanghai Penglai Demonstration Wind Farm, buy the profile here.
About China National Offshore Oil
China National Offshore Oil Corp (CNOOC) is an energy company that carries out the exploration, development, and production of crude oil and natural gas. It also offers engineering and technical services, offshore oil engineering, including oilfield, and professional services. It also carries out the production and sale of petrochemical products and fertilizers; operation of liquefied natural gas (LNG) receiving terminals and natural gas pipelines; natural gas liquefaction and distribution activities; and power generation. The company provides financial services, including finance leasing services. It is a state-owned company operating under the Assets Supervision and Administration Commission. CNOOC is headquartered in Beijing, China.
ConocoPhillips is an independent upstream oil and gas company. The company explores for, produces, transports and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG) and natural gas liquids across the world. It has assets in North America, Africa, Europe, Asia and Australia. Its asset base includes resource rich North American shale and oil sands assets; lower risk legacy assets in North America, Europe, Asia and Australia; several major international developments; and global conventional and unconventional exploration prospects. It has producing assets in the US, the UK, Norway, Canada, Australia, Timor-Leste, Indonesia, China, Malaysia, Qatar, and Libya. ConocoPhillips is headquartered in Houston, Texas, the US.