China

China

EDF acquires stake in Chinese offshore projects

EDF has entered the Chinese offshore wind market by acquiring a stake in two projects with a combined capacity of 500MW.

EDF Renewables now has shares in 6.5GW of offshore wind capacity in operation or under development
EDF Renewables now has shares in 6.5GW of offshore wind capacity in operation or under development

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This story was first published on 26 March 2019 when EDF and CEI first announced the partnership. It was updated on 2 June 2020 when the partners concluded the transaction.

It hs formed a joint venture with Chinese power utility China Energy Investment Corporation (CEI) to deliver the Dongtai IV and V wind farms off the coast of Jiangsu province, north of Shanghai.

TheĀ 300MW Dongtai Phase IV Dongtai Phase IV (300MW) Offshoreoff Dongtai, Jiangsu, China, Asia-Pacific Click to see full details was commissioned in December 2019, while theĀ 200MW Dongtai Phase V Dongtai Phase V (200MW) Offshoreoff Yancheng, Jiangsu, China, Asia-Pacific Click to see full details is due online in 2021.

EDF subsidiaries EDF Renewables and EDF China own a combined 37.5% stake in the two wind farms, while CEI's Shenhua Renewables and Shenhua Clean Energy Holdings own the 62.5% remainder.

EDF Renewables now has shares in 6.5GW of offshore wind capacity in operation or under development.

It also operates more than 300MW of onshore wind and solar capacity in China.

China has 5.9GW of installed offshore wind capacity, according to Windpower Intelligence, the research and data division of Windpower Monthly.

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