An estimated 467MW of floating wind capacity is anticipated to be operational by 2026 in ML. China with the first turbine commissioned in 2021. ML. China currently ranks fifth globally in terms of installed capacity and this could speed up…
7
floating
wind projects
are forecasted and likely to be operational in the period between 2021 and 2026. The CTG Yangxi Shapa Deepwater Floating Demo, also known as the Three Gorges Leader, with a capacity of 5.5MW, is already online as of end 2021. CSSC Fu Yao Floating Demo has been installed and is expected to be commissioned in 2022. The 7.25MW CNOOC Deep Sea Floating is currently under construction and it is estimated to be operational in 2022/2023.
- The Guangdong province has the most proposed floating wind projects.
- Floating wind developers in ML. China consist of a variety of companies, including traditional offshore wind developers such as China Three Gorges and Longyuan Power, however in the mix are oil and gas operator CNOOC and supply chain giant China State Shipbuilding Corporation (CSSC).
- ML. China is currently ranked fifth globally in terms of installed capacity to date with 5.5 MW. In the next five years, ML. China is expected to contribute 14% of global installed floating wind capacity during this period which amounts to approximately 461.5MW.
Mainland China Floating Wind Projects Operational by 2026²
Source: Westwood Analysis – WindLogix
¹Installed capacity to date for China is 5.5MW, France, 2MW and Norway 8.55MW.
²Featured projects here have recent updates and are more likely to conclude.
³Installed capacity includes decommissioned capacity.
Ruth Chen, Senior Analyst
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