CGN participates in the investment of offshore wind O&M hub in Shanwei

CGN participates in the investment of offshore wind O&M hub in Shanwei

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On March 26, Shanwei Financial Holdings Co., Ltd. (Shanwei Financial Holdings), CIMC Offshore Holdings Ltd. (CIMC), and China General Nuclear Group (CGN) jointly signed a strategic cooperation framework agreement to set up an operation and maintenance base for offshore wind power in Shanwei City.

The CNY 2 billion investment includes establishing an O&M service company, a service company for under-water assets maintenance, an assets management company for vessels and construction & installation equipment, and an offshore wind marshal port company.

CGN currently has a total offshore wind project pipeline of 5GW in Shanwei and has facilitated bringing in 6 offshore wind supply chain companies to the city.

(CWEEA)