Shandong Guodian Jinan Changqing Wind Farm, China

Shandong Guodian Jinan Changqing Wind Farm is a 49.5MW onshore wind power project. It is located in Shandong, China. The project is currently active. It has been developed in multiple phases.

Free Report

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

By clicking the Download Free Report button, you accept the terms and conditions and acknowledge that your data will be used as described in the GlobalData privacy policy

By downloading this Report, you acknowledge that we may share your information with our white paper partners/sponsors who may contact you directly with information on their products and services.

Visit our privacy policy for more information about our services, how we may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Project Type	Total Capacity (MW)	Active Capacity (MW)	Pipeline Capacity (MW)	Project Status	Project Location	Project Developer
Onshore	49.5	49.5	–	Active	Shandong, China	China Energy Investment

Description

The project was developed by China Energy Investment. The project is co-owned by China Longyuan Power Group and Guodian Shandong Electric Power, with their respective ownership stake of 50% each.

The project generates 96,180MWh of electricity. The project cost is $71.2m.

The wind power project consists of 24 turbines each with 2 MW nameplate capacity and 1 turbines each with 1.5 MW nameplate capacity respectively.

About China Energy Investment

China Energy Investment Corp Ltd (China Energy) is a formerly known as China Shenhua Energy Company Limited, is a provider of coal, thermal power, wind power, coal-to-liquid fuels and coal chemicals. The company operates through six business segments, such as coal, thermal power, new energy, hydropower, transportation, chemical industry, environmental technology and finance. Its power segment undertakes thermal power projects for municipalities, autonomous regions, and load centers. China Energy also offers research and development services to the energy industry. The company was established by the merger of China Guodian Corporation and Shenhua Group. China Energy Investment 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.