EDF has leveraged its relationships in other areas of the power industry to gain entry to China’s wind power market.
The French utility has acquired an 80 per cent stake in the Chinese wind developer UPC Asia Wind Management, becoming the first European company to gain access to that market.
FT reports that UPC Asia Wind Management’s wind farms in China include an installed capacity of 174 MW per year already in operation, with an additional 130 MW in construction.
EDF says it was able to strike this deal thanks to the company’s long-standing partnerships with Chinese authorities on projects that include nuclear, geothermal, and urban lighting.
Chinese authorities are aiming to reach an installed capacity for wind energy of 200 GW by 2020, which would mean increasing the country’s capacity by 15 GW per year.
Despite that massive installation ambition, EDF Energies Nouvelles media spokespersonà‚ Clarisse Placidoux told Power Engineering International the company has ‘no plans to build any manufacturing plant in China.’
“As it is an integrated operator in this sector, it develops, finances, builds renewable installations, and manages operations and maintenance for its own account and for third party but manufacturing turbines is not part of its expertise.”
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