Longyuan seeks offshore growth

A seaweed farm bobs in front of turbines in the Rudong intertidal zone

Longyuan's Rudong offshore wind test site

Chinese wind power giant China Longyuan said it will speed up growth offshore and push ahead with its overseas projects, while following a "methodical" approach to onshore development at home.

Longyuan saw revenue and operating profits increase in the first half of 2013 thanks to improved output and an easing of grid curtailment problems in China.

Longyuan – China’s biggest wind-power owner – added just 117MW in the first half of the year, as like the rest of the Chinese industry it hit the pause button after years of rapid growth.

However, the company claimed it has now set a sound base to resume steady growth based on quality, reliability and a greater focus on synergies with the grid. Longyuan now has 10.66GW Log in to read complete article.

Become a Recharge subscriber!

Or try our free trial.

Order Subscription

Already a member?

Login


Recharge Monthly Magazine