Under the terms of the agreement Ming Yang will develop manufacturing facilities in Hebei, including a carbon fiber manufacturing facility for the manufacture of 3-6MW large-scale wind turbine blades and battery systems for wind/solar hybrid energy storage.

The company says the Hebei government is expected to designate a minimum of 1GW of wind and solar power capacity in Chengde as well as at least 2GW of offshore wind power capacity on Hebei's coast for Ming Yang and certain utility operators to develop.

Hebei