Chinese company PowerChina and Ukrainian WindFarm signed a contract on the joint implementation of a project for the construction of a wind farm with a capacity of 800 MW in the Mangush and Nikolsky districts of the Donetsk region.
The project is worth over US $ 1 billion, making it the largest wind power project in Ukraine.
"The implementation of the project demonstrates a completely new and beneficial approach for the state in the development of the wind energy sector - the sale of generated electricity on the electricity market without a green tariff," WindFarm noted.
WindFarm intends to build the largest onshore wind farm in Europe to date. As the company specified, PowerChina's experience will make it possible to implement this project in the shortest possible time.
Power Construction Corporation of China Limited is one of the largest construction companies in China. Founded in 2011 by the decision of the State Council of the People's Republic of China, the controlling parquet of shares belongs to SASAC, the headquarters is located in Beijing. It is one of the largest construction companies in China (one of the 100 largest companies in the country and the 500 largest companies in the world). She specializes in the design and construction of energy and transport facilities. In particular, the company's asset is the construction of the world's largest power plant "Three Gorges" with a capacity of 22.5 GW.
Ukrainian WindFarm deals with wind energy. He has developed wind power projects with a total capacity of 1.3 GW, of which more than 400 MW have been successfully commissioned.