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BASF and Mingyang Partner for 500 MW Offshore Wind Farm in China
Here's an article by Recharge on BASF and Mingyang's new offshore wind farm.
According to it:
- BASF and Mingyang are collaborating to build a 500 MW offshore wind farm off Guangdong province in southern China, primarily to power BASF's €10 billion Zhanjiang Verbund site.
- Mingyang holds a 90% stake in the wind farm, while BASF retains 10%, marking the first Sino-German offshore wind farm project covering development, construction, and operation.
- The wind farm aims to supply green power to BASF’s Zhanjiang site, with full operation expected by 2025 pending approvals.
Here are some other similar initiatives taken up in other places around the world:
- South Korea plans to build the world's largest offshore wind farm with a capacity of 8.2 GW by 2030 in the Sinan region.
- The Swedish utility Vattenfall is developing the 1.5 GW Hollandse Kust Zuid offshore wind farm in the Dutch North Sea. BASF has acquired a 49.5% stake in the project
- Ørsted has major offshore wind farm projects in place or in development, such as Hornsea One and Hornsea Two in the UK among others.
