Sino-German Offshore Wind Farm Project is a 500MW offshore wind power project. It is planned in South China Sea, Guangdong, 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 2026 and is expected to enter into commercial operation in 2030. Buy the profile here.
Description
The project is being developed and currently owned by BASF and China Ming Yang Wind Power Group. The company's ownership stake in the project stands as 90% and 10% respectively.
Development status
The project construction is expected to commence from 2026. Subsequent to that it will enter into commercial operation by 2030.
For more details on Sino-German Offshore Wind Farm Project, buy the profile here.
About BASF
BASF SE (BASF) is a chemical company. It carries out the production, marketing and sales of chemicals, plastics, crop protection products, and performance products. Its product line comprises solvents, adhesives, surfactant, fuel additives, electronic chemicals, pigments, paints, food additives, fungicides, and herbicides. The company serves a wide range of industries including construction, furniture and wood, agriculture, electronics and electrical, paints and coatings, automotive, home care, nutrition, chemicals and others. BASF carries out R&D in alliance with global customers, scientists and partners. The company operates through a network of manufacturing facilities across the world. It has a presence in Europe, Asia Pacific, South America, Africa, the Middle East and North America. BASF is headquartered in Ludwigshafen, Germany.
About China Ming Yang Wind Power Group
China Ming Yang Wind Power Group Ltd (Ming Yang) is a wind energy solution provider that focuseses on designing, manufacturing, selling, and servicing megawatt-class wind turbines. The company is headquartered in Zhongshan, China.
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