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Joint venture formed to build second project of 150 MW at Weihai
1 July 2005
China Huaneng Group and CLP Power Asia have formed a joint venture company, holding stakes of 55% and 45% respectively, which plans to develop a 150 MW wind farm in Weihai, a coastal city in East China's Shandong province. The CHY 1.2 billion project will be developed in phases, the first of which will see 19.5 MW installed at a cost of CHY 165 million. The first phase is due to be commissioned in 2006. The Weihai wind farm is the second wind power project between the two partners. The other project, also in Shandong and due online next year, is a 27 MW wind plant at Changdao Island, located to the north of Jiaodong Peninsular (Windpower Monthly, February 2005). Huaneng Group currently operates a 13.5 MW wind installation in south China's Shantou City. It has four other wind projects, with a combined total of 124 MW under development in other parts of the country, while last year it was successful in bidding for a 200 MW concession project in northeast China's Jilin province. CLP Power Asia is a subsidiary of Hong Kong utility CLP Holdings. The company wants renewable energy sources to represent around 5% of its total capacity by 2010. "We're delivering on our commitment to develop renewable energy," says the company's Richard McIndoe. Besides the Changdao and Weihai projects, the company is conducting wind monitoring at various sites in south China's Guangdong, Guangxi and Hainan Island, he adds, which have the combined potential for around 300 MW of wind capacity.
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