Ming Yang, CNNC link in China
Chinese turbine manufacturer Ming Yang has signed a deal with China National Nuclear Corporation (CNNC) to co-operate in the development of 300MW of wind projects, in the first stage of a wider partnership.
Ming Yang subsidiary Guangdong Mingyang will work with CNHC, a unit of CNNC, to develop the projects in Henan province, said a statement.
The two partners plan to form a joint venture company to handle the projects, of which CNNC is expected to own the majority and Ming Yang about 25%.
The statement hints at wider co-operation in China, including working together on solar projects, but gives no further details.
Chuanwei Zhang, CEO of Ming Yang, said: "The collaboration with CNNC is strategically important for us to enhance our leading position in renewable energy development in China during the 12th five-year plan period."
Via another of its subsidiaries, CNNC recently signed a cooperation deal with developer China Wind Power to work on 700MW of wind and solar in China.
CNNC is China’s state nuclear organisation, which lists developing the nation's atom and hydrogen bombs among its achievements on its website.