NewEnergyNews: Newest China Offshore Wind Assessment

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    Friday, March 09, 2018

    Newest China Offshore Wind Assessment

    Latest update on China offshore wind

    March 2018 (Global Wind Energy Council Newsletter)

    "...China’s offshore industry is finally taking off. 1,161 MW of new installations in 2017 brought the cumulative total to 2,788, putting China in third place globally, behind the UK and Germany...The new installations in 2017 are spread across 18 offshore wind farms, and nine of them (totalling 968 MW) are in Jiangsu Province, which continues to be the major focus of offshore development. There were four projects totalling 65 MW in Fijian Province, and the remaining five were spread across Guangdong, Zhejiang and Hebei Provinces. The market leaders in terms of turbines were Shanghai Electric (50%), followed by Goldwind (18%), Envision (17%) and CSIC (9%)...[It seems the offshore wind sector] is on track and it will easily meet the national 2020 target of 5 GW, probably well ahead of time...[It is likely that, early in the 2020s, China will become] the largest single offshore market in the world. Europe still has a strong lead...and much would have to change...But it is always a mistake to underestimate the speed of Chinese industry when it gets up a head of steam." click here for more

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