Construction of turbine components facility starts in Liaoning
BEIJING, CHINA - The cornerstone-laying ceremony of Dandong Fengneng Industry Company Limited's (DFIC) forging facility for the production of wind turbine components was held in northeastern China's Liaoning province.
The project has a total planned investment of about $308 million and will be built in different phases. Phase I will cost about $88 million. Upon completion, the project will become the largest forging facility for wind turbines in China.
The facility will fill a gap in the Chinese market, which currently imports many wind turbine components. The company has already received a considerable amount of orders from international wind power expos.
Wind power has become a booming industry around the world. The industry is also specifically encouraged in the China's Medium- and Long-Term Plan for Renewable Energy Development. China is planning to build a large amount of on-grid wind farms during the remainder of the Eleventh Five-Year Plan (2006-10).
The objective of DFIC is to become a leading producer in the international market through construction and independent research and development. Phase I of the project is expected to begin operation by the end of this year. Upon completion of Phase I, DFIC will have an annual production capacity of 120,000 metric tons for wind power components, with an annual sales income of over $250 million.
Related News
NB Power launches public charging network for EVs
FREDERICTION - NB Power announced Friday the eCharge Network, the province’s first electric vehicle charging network aimed at giving drivers worry-free travel everywhere in the province.
The network includes 15 locations along the province’s busiest highways where both fast-chargers and level-2 chargers will be available. In addition, nine level-2 chargers are already located at participating municipalities and businesses throughout the province. The new locations will be installed by the end of 2017.
NB Power is working with public and private partners to add to the network to enable electric vehicle owners to drive with confidence and to encourage others to make the…