Fujian Province: 50MW Offshore Wind Power Project in Pinghaiwan Bay of Putian City by Fujian Investment & Development Group Co., Ltd.

The project was granted a concessional loan of RMB 300 million yuan on May 31, 2016. It mainly includes installing 10 sets of offshore wind power generator units with standalone capacity of 5,000KW and a 110KV onshore step-up substation. The project belongs to the category of renewable energy. It can leverage private funds of RMB 861.18 million yuan. Once put into operation, it can  generate electricity of 164.27 million kWh, on-grid energy of 158.74 million kWh and cut greenhouse gas emission by 124,706tCO2e annually.

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