China Huaneng Group has formed a partnership with Chinese province Jiangsu to further the development of offshore wind power. The company said it would invest up to US$100 million in developing its first offshore wind farm off China’s east coast. China Huaneng Group will also increase its collaboration with universities and research bodies in the province.
China Huaneng Group has formed a partnership with Chinese province Jiangsu to further the development of offshore wind power. The parties will invest CNY160bn ($23bn) into the Huaneng Jiangsu offshore wind hub, which will seek to combine research and development, construction, operation and maintenance for the industry. China Huaneng Group will also increase its collaboration with universities and research bodies in the province.