Construction of turbine components facility starts in Liaoning

subscribe

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

elizabeth may

Elizabeth May wants a fully renewable electricity grid by 2030. Is that possible?

TORONTO - Green Party Leader Elizabeth May has a vision for Canada in 2030. In 11 years, all new cars will be electric. A national ban will prohibit anyone from buying a gas-powered vehicle. No matter where you live, charging stations will make driving long distances easy and affordable. Alberta’s oil industry will be on the way out, replaced by jobs in sectors such as urban farming, renewable energy and retrofitting buildings for energy efficiency. The electric grid will be powered by 100 per cent renewable energy.

It’s all part of the Greens’ “Mission Possible” – a detailed plan released Monday…

READ MORE
bc hydro rate review

Recommendations from BC Hydro review to keep electricity affordable

READ MORE

yukon

Yukon eyes connection to B.C. electricity grid

READ MORE

pakistan nuclear energy

'Pakistan benefits from nuclear technology'

READ MORE

uk-renewable-energy-auction-boost-for-wind-and-tidal-power

UK Renewable Energy Auction: Boost for Wind and Tidal Power

READ MORE