China’s first grid-parity wind farm has begun commercial operation on August 24, after the last wind turbine of the 50MW project was connected to the grid in Heiyazi, Yumen of Gansu Province. (BJX)
The project comprises of 25 2MW-WTG manufactured by Shanghai Electric, which will sell 15,910MWh of electricity to the grid annually. The CAPEX for this project is being strictly controlled within 5.7CNY/watt, and its annual utilization hours is expected to exceed 3,000 hours. From its commencement on March 25, the project’s construction took only four months to complete, also enabling to keep the CAPEX at a minimum. This is one of the first 13 grid-parity wind power demonstration projects (700MW in total) approved by the National Energy Administration (NEA) in 2017 and the first to be connected to the grid. This project will have a PPA with State Grid at the present on-grid coal benchmark price of 0.3078CNY/kWh for 20 years.