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Yantai City (Changdao) Wind Farm

Sector: Wind • Location: China

Source: World Bank Group

Project
Active

In December of 2004, China Light and Power Holdings Ltd (CLP) of Hong Kong, purchased a 45% stake in a 27-MW, US$29.8 million wind farm in Changdao, Shandong Province, China. A subsidiary of the Huaneng Group, the parent company of Hong Kong-listed Huaneng Power International Inc., held the remaining 55% stake. The wind farm was to supply Yantai City and became operation in 2006. CLP was aiming

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The project “Yantai City (Changdao) Wind Farm” is an infrastructure initiative in the Wind sector, located in China. Taiyo aggregates data on it from World Bank Group.

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Description

Description

In December of 2004, China Light and Power Holdings Ltd (CLP) of Hong Kong, purchased a 45% stake in a 27-MW, US$29.8 million wind farm in Changdao, Shandong Province, China. A subsidiary of the Huaneng Group, the parent company of Hong Kong-listed Huaneng Power International Inc., held the remaining 55% stake. The wind farm was to supply Yantai City and became operation in 2006. CLP was aiming to boost its renewable energy sources portfolio—including hydro and wind energy—to account for about 5% of its total generating capacity by 2010. None None

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High

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