The World Bank has chosen a consortium including consultancy and certification firm DNV GL to support the development of three new standards in offshore wind turbine support structures, substations and offshore wind farm power cables.

DNV GL will also be advising the Chinese government on project financing and risk management as part of this project.

“Standards are crucial to minimize the risks to acceptable and bankable levels, and learning from the international experience as this mandate is supporting, is a great approach to accelerate a successful industry,” said Mathias Steck, ‎executive vice president for DNV GL’s Energy business in the Asia Pacific region.