French EDF in Offshore Wind JV in China

Sudip Kar-Gupta
Tuesday, June 2, 2020
Illustration only; Image by Kruwt - AdobeStock

French state-controlled power group EDF said on Tuesday it had agreed a joint venture partnership with China Energy Investment Corporation (CEI) to develop offshore wind farms in China.

EDF will take a 37.5% stake in the project company through its subsidiaries EDF Renewables and EDF China. CEI Group will hold the remaining stakes through its Shenhua Renewable and Shenhua Clean Energy Holdings units.

EDF said the offshore wind market in China was booming, with an expected installed capacity of over 40 GW by 2030 versus 6 GW of installed capacity at present.

(Reporting by Sudip Kar-Gupta; editing by Jason Neely)

Categories: Offshore Wind Renewables China

Related Stories

Lamprell Picks Ventherm’s Robotic Solution for Offshore Wind Transition Pieces

Lamprell Picks Ventherm’s Robotic Solution for Offshore Wind Transition Pieces

Equinor Takes $955M Impairment Hit on US Offshore Wind Farm

Equinor Takes $955M Impairment Hit on US Offshore Wind Farm

FairWind Names Regional Chief for Northern Central Europe

FairWind Names Regional Chief for Northern Central Europe

Current News

Mellitah Oil and Gas, Hill International to Collaborate on Libya Gas Project

Saipem Shares Results for First Half of 2025

TotalEnergies Starts Up Two Subsea Tie-Back Projects in Angola

Dong Fang Offshore Orders Huisman Cable Lay System

Subscribe for OE Digital E‑News

Offshore Engineer Magazine