Pinghai Solar Power Station Project

What is Putian Pinghai Bay offshore wind power project?

Fujian’s energy capacity in 2016 was falling short of the province’s demand, with an estimated power deficit in the coming years. In this context, Putian Pinghai Bay Offshore Wind Power Project is designed to help Fujian province cope with the power challenge and to support the development of wind power energy in China.

What is Putian Pinghai Bay Project?

The objective of the project is to increase offshore wind power capacity in Putian Pinghai Bay to provide adequate electricity supply to Fujian province and to catalyze offshore wind energy development with technological advances. The NDB supports the project through providing financing to the cost of equipment and civil works.

How will China's offshore wind power project impact the environment?

Increased share of offshore wind power in China’s energy mix will help build a greener environment, with reduced carbon emissions. The project will have a positive impact of avoiding 869,900 tons of carbon emissions per year.

Is Fujian a good place to invest in offshore wind energy?

Fujian, a province on the southeast coast of China, is one of the more developed provinces that has the geographic advantage and the fiscal capacity to support offshore wind energy projects. Fujian’s energy capacity in 2016 was falling short of the province’s demand, with an estimated power deficit in the coming years.