Envision Energy (Haiyang) Offshore Wind Industrial Park has kick-started construction in Haiyang, Shandong.
Envision is expected to invest CNY 1.5-2 billion in the project over the next 4-5 years. The industrial park will be built in three phases. When completed, it will be equipped with an annual OWT production capacity of 1.5GW, producing 300 units of 5MW+ turbines.
Leveraging the offshore wind power equipment manufacturing center in Haiyang, Envision Energy aims to target the markets of Shandong Peninsula, Hebei, Liaoning and the Pan-Bohai Sea area（环渤海）.