Tuesday, August 07, 2007

Fifteen Windfarms Will Be Built in China

China's Hainan province will build three windfarms and a Hong Kong-based company will build 12 in Mainland China. Total investment exceeds $600 million. The head of the Development and Reform Commission of Hainan Province announced July 30, 2007 that the province will build three windfarms to provide more electricity supply. Hainan Province is facing the most serious shortage of electricity in a decade, which gives local authorities enough reason to use the ample wind energy of the province.

Hainan is China's second biggest island after Taiwan. According to experts from Hainan's wind power planning commission, Hainan's wind power capacity is eight million kilowatts. The commission selected thirteen windfarm location candidates, lying in the eastern, northwestern and western coasts of the island.

Hainan's wind power planning commission also said this March, that the province will build another four 50,000 kW windfarms before the end of 2008. It was not reported how much money will be invested in the windfarms.

In Hainan's mid-term plan, the province will have a total installed generating capacity of 200,000 kW by 2010, and 250,000 kW by 2020.

China Wind Power Group, Limited (Hong Kong) (previously a pharmaceutical company before renaming and shift of business) also plans to build four windfarms this year and eight more in 2008, in Mainland China. The investment will be $210.5 million and $394.7 million, respectively. Wind Power Group will hold half of the total stock ownership.

The twelve new windfarms, 50,000kW each, will be built in China's Jilin Province, Liaoning Province and Inner Mongolia Autonomous Region. Each of the windfarms will take two years to complete, including one year of wind measurement period.

Wind Power Group has built thirteen windfarms in Mainland China, most of which have finished their wind measurement period. Two or three of the finished windfarms will be put into operation by the end of this year, and all of them will be running by the end of 2008.

Wind Power Group President said the company has signed an agreement with the authorities of Mainland China, gaining their support to transmit the electricity generated to power grids.

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