May 30 (Bloomberg) -- Shanghai Donghai Wind Power Co., which developed the nation’s first large-scale offshore wind farm in the city, will invest about 1.9 billion yuan ($300 million) in a 100-megawatt offshore facility next year.
The project is the second phase of the East China Sea Bridge facility and will use turbines from Shanghai Electric Group Co., said Vice General Manager Zhang Kaihua.
“We’re waiting for governmental approval and expect to start construction in the first quarter,” Zhang said today in an interview in Shanghai.
China aims to develop 5 gigawatts of offshore wind farms by 2015, spurring proposals from developers from China Longyuan Power Group Corp. to China Datang Corp. Renewable Power Co.
Shanghai Electric will provide 26 wind turbines, each with 3.6 megawatts of capacity. They will cost 4,790 yuan a kilowatt to the project, Zhang Bo, senior commercial manager of unit Shanghai Electric Windpower Equipment Co., said in September.
Shanghai Donghai started operating a 102-megawatt project near the East China Sea Bridge in 2010.
Longyuan plans to build 1 gigawatt of offshore wind farms by 2015, President Xie Changjun said last year.
To contact Bloomberg News staff for this story: Feifei Shen in Beijing at firstname.lastname@example.org
To contact the editor responsible for this story: Reed Landberg at email@example.com