Longyuan general manager Xie Changjun outlined the company’s plans in Beijing today. Xie said the company planned to take its installed capacity up to 11GW and move into the top three by 2012.
The long-term objective is to extend its capacity to 30GW by 2020.
Xie said by the end of November, the company’s newly installed and grid-integrated installed capacity reached 1.011GW for this year.
The company, the new energy branch of Guodian, one of the top five Chinese state-owned power companies, said this figure will rise to 2GW by the end of this year.
This will give Longyuan an installed capacity of 6.5GW.
In 2011, Longyuan is set to increase its installed capacity by more than 2GW. This will include two inter-tidal wind farms with a combined capacity of 350MW.
Longyuan entered the wind industry in 2006. Since then it has increased its installed capacity by an average annual rate of 76.2%.
Xie said Longyuan will realize its ambitious objective over the next five years through giving priority to onshore wind farm development. However, it will also consolidate its position as China’s leading offshore wind power developer.
He added that Longyuan will accelerate its development in low wind speed and high-altitude areas in the country.
It was also revealed that Longyuan will use more large MW-level wind turbines.
In September, Longyuan became the first developer to construct an inter-tidal wind farm. The project, totaling 32MW, is located at Rudong, east China’s Jiangsu Province. It consists of 16 turbines, consisting of nine models from eight different manufacturers.
Longyuan has been proceeding with early-stage operations for wind power projects in the United States (1GW in three stages), Hungary, Kazakhstan, and Australia. Xie said Longyuan expects to make ‘substantial progress’ on two to three overseas projects next year.