Datang and CLP unit to expand Jilin wind farm
China Datang Corp, the mainland's No2 national power producer, and a CLP Holdings renewable energy associate have agreed to invest A$80 million (HK$486.8 million) in their second 50-megawatt wind farm in Jilin.
Datang and Roaring 40s, a 50:50 joint-venture between electricity supplier CLP and Australian renewable energy developer Hydro Tasmania, yesterday signed an agreement on the second phase of a wind power project in Shuangliao which could have up to 200MW capacity.
The firms also intended a further partnership in nearby Xiangyang, in the eastern part of Jilin, to develop a wind power project with a maximum capacity of 1,000MW.
The projects will help Datang meet its target of having 2,000MW in wind power generation assets by 2010 as the state-owned firm seeks to reduce its reliance on dirty coal and cut pollutant emissions.
The second phase of the Shuangliao project, which is Roaring 40s' third mainland wind farm after the first phase and a 50MW project in Shandong, will leverage on the Tasmania-based company's 90 years of experience and expertise in renewable energy development.
The shareholding, investment size and designed generation capacity of the second phase are the same as for the first, with Datang holding a 51 per cent equity interest and Roaring 40s the balance.
Following the recent commissioning of about 60 wind turbines in the first phase, construction of the second phase will begin soon with commissioning expected at the end of this year.
Wind resources at Shuangliao were abundant and available all year round from the northwest, and the project could generate an internal rate of return of 8.05 per cent, Datang said. The two phases of the wind project would save about 104,000 tonnes of coal annually.