China Three Gorges inks 1-GW Tianjin offshore wind pact

Visit website

Renewables Now

A unit of China Three Gorges Corp is to invest CNY 18 billion (USD 2.9bn/EUR 2.3bn) in a 1-GW offshore wind project off the Nangang Industrial Zone in Tianjin.

The Tianjin Economic-Technological Development Area (TEDA) announced on Tuesday the signing of an investment cooperation agreement for the project with China Three Gorges New Energy. According to media reports, the plan is to produce power for the petrochemical industry.