MY inks MOU to develop offshore wind power development in China

Source: Ming Yang

Chinese wind turbine manufacturer China Ming Yang Wind Power Group Limited (NYSE:MY) has signed a strategic cooperative agreement with China Three Gorges Corporation to foster closer cooperation in both domestic and international wind power development. 

China Three Gorges is a wholly state-owned enterprise which is responsible for building and operating China's Three Gorges Dam Project

The cooperation between Ming Yang and China Three Gorges will focus on offshore wind power development in Guangdong, giving Ming Yang preferential supplier status in China Three Gorges wind power projects in Guangdong. Furthermore, the agreement sets the possible supply of Ming Yang EPC solutions for China Three Gorges wind power projects, and paves the way for domestic and international wind power projects development in the future. 

"Establishing a closer working relationship with China Three Gorges helps to reaffirm Ming Yang's leading position and forming of the special alliance in the development of offshore wind power in Guangdong, as well as its competitive advantage in offering innovative EPC wind power solutions in China," said Chuanwei Zhang, Chairman and Chief Executive Officer of Ming Yang. "Ming Yang continues to expand its blue-chip customer base, and we look forward to working with China Three Gorges to spearhead development of offshore wind power in Guangdong Province and beyond."

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