This good news will promote the development of the wind power industry in policy, market and consumption dynamics, and create greater space for the development of wind power in Dongtai. In recent years, the energy industry has been turbulent, and various countries and regions are seizing historical opportunities to keep up with the trend of the times. Driven by policies, markets and consumption dynamics, they have created huge development opportunities. This time the two countries work together, China will make full use of the resources and advantages of France, which will be another breakthrough for Dongtai's offshore wind power project. China and France signed a "Joint Venture Contract" and "Subscription Agreement", and the two parties will jointly build and operate a Dongtai offshore wind power project with an installed capacity of 502 MW.

The project includes the Dongtai Phase IV project (302 MW), which was fully connected to the grid in December 2019, and the Dongtai Phase 5 project (200 MW), which is currently under construction and is expected to be commissioned in early 2021. National Energy Group and France Power Group will jointly construct the fifth phase of the project in Dongtai, and jointly manage the operation and maintenance of the two projects.

On January 8, 2020, after receiving the approval from the State-owned Assets Supervision and Administration Commission of the State Council to approve the capital increase of Dongtai Offshore Wind Power Co., Ltd. of National Energy Group, Guohua Investment, a subsidiary of National Energy Group, overcomes the impact of the Spring Festival and the new crown pneumonia epidemic, and accelerates and implements the follow-up jobs. In order to avoid staff gathering, Guohua Investment actively communicated and coordinated with various shareholders, conducted contract negotiations through informatization means such as the Internet, and successfully signed the "Joint Venture Contract", "Subscription Agreement" and "Articles of Association" by way of subrogation. The speech spirit of General Secretary Xi Jinping's "Strengthening the epidemic prevention and control should not be loosened, and various tasks of economic and social development must be carried out" were implemented with actual actions, which added fruitful results to the orderly progress of the resumed production and production of central enterprises.

So far, the “Energy Cooperation Framework Agreement for Phase 4 and Phase 5 of Dongtai Phase 5” signed by the National Energy Group and France Power Group under the joint witness of the two heads of state has made substantial progress and officially landed. The establishment of the joint venture is the result of the two countries' promotion of the continued development of bilateral relations and the deepening of pragmatic energy cooperation, which has opened a new beginning for China-France cooperation in the field of new energy.

After the subscription is completed, National Energy Group will hold 62.5% of the joint venture company through its subsidiaries Shenhua New Energy Company and Shenhua Clean Energy Company, and EDF will hold the joint venture company through its subsidiaries, France Power New Energy Company and EDF Investment Company Of the remaining shares.

Dongtai Offshore Wind Power Project is located in the Tiaozimu and Zhugensha waters of East Taipei, Jiangsu, with a total investment of about 7.9 billion yuan. It is the first offshore wind power project after the establishment of the National Energy Group. First, it is the most difficult offshore wind farm project for comprehensive construction in China at this stage. A number of indicators have reached the leading level in the industry. After fully put into operation, it is estimated that the annual power generation of Dongtai Phase 4 and Phase 5 projects is 1.39 billion kilowatt hours, which can meet the annual electricity demand of nearly 2 million residents, which is equivalent to saving 419,900 tons of standard coal and reducing 937,500 tons of carbon dioxide. 1,704 tons of sulfur dioxide.

In recent years, as the limitations of onshore wind power have gradually become apparent, some countries have begun to turn their attention to offshore wind power, because wind power is green energy, and because offshore wind power is rich in wind energy resources, it is not subject to the limitations of land area and noise pollution. Become a darling of the energy market.Editor / Zhao Jing