Haili wind power announced a plan to invest CNY 1 billion CNY (USD 160 million) in Shandong province’s Dongying City. Haili Wind power and Dongying City government signed an investment cooperation framework agreement to invest in new production capacity for wind turbine components. The investments would include an annual output of 200 sets of towers, 200 sets of offshore wind turbine monopile foundations, and jacket. In the last 2 months, 3 companies committed to invest in wind turbine production capacity in Dongying City, for a total investment of CNY 7.85 billion CNY (USD 1.23 billion).
(cninfo)
