Jiangsu Rudong wind farm moves forward in China

Beijing, April 12, 2012 — Huaneng Power International, Inc. announced that Huaneng Rudong Wind Power Generation Co. Wind Farm Phase I Project (in which the company has controlling interest) was recently approved by the Development and Reform Commission of China's Jiangsu Province.

The project will be constructed with generation capacity of 48 MW. The total investment of the project is estimated to be about $71.7 million, of which $19 million, or 25 percent of the total investment, will be project capital to be funded by Rudong Wind Power Generation Co. The remaining investment will be funded by bank loans or from owners of the project.

Huaneng Power is one of China's largest listed power producers with controlled generation capacity of 60,375 MW and equity-based generation capacity of 55,350 MW. The power plants of the company are located in 19 provinces, municipalities and autonomous regions in China. The company also controls a power company in Singapore.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs