10MW offshore wind turbine capacity is set to be promoted along with the technology line of the China Energy Network. This announcement was made on March 17, 2025, at 11:00 AM.
According to the latest energy report published by the China Energy Network, the focus this week (March 10-14, 2025) is on the new energy sector’s developments. The report indicates the significant promotion of 10MW offshore wind turbine capacity along with the technology line advancements.
The wind power index (866044.WI) increased by 1.93%, with a decline of 300 points at 0.34%. As of this week, the wind power plate PE_TTM valuation is approximately 20.28.
This week, the stock price of China Energy (801735.SI) increased by 1.15%. Additionally, the stock price of China Energy Battery components rose by 2.07%, while the stock of China Energy Equipment decreased by 0.62%. The current stock of China Energy Supply is valued at approximately 34.73.
This week, the reserve energy index (884790.WI) rose by 3.11%, with the current reserve energy plate index standing at 29.1. The hydrogen energy index (8841063.WI) increased by 1.75%, with the current hydrogen energy plate index at 32.21.
The focus this week remains on offshore wind turbine capacity promotion, specifically the 10MW capacity. On March 9, the China Electric Power Construction Corporation announced a project aiming for 100 GW of wind power, focusing on the installation of 11MW wind turbines. The project aims to install 23 turbines, each capable of 11MW output.
Recently, the National Energy Administration approved a project for 10MW offshore wind turbines to increase capacity. The project includes a 50 GW hydrogen production facility, which is part of a broader initiative that includes a 500MW installation. The project aims to establish 40 turbines with a capacity of 12.5MW each.
Moreover, there are ongoing projects for the development of 10MW offshore wind turbines, which are expected to be completed soon. However, the significant progress in offshore turbine production may be challenged by current market conditions and pricing.
Based on the latest market dynamics, manufacturers are expected to continue pushing for 10MW offshore wind turbine advancements. An increase in production capacity is anticipated, focusing on enhancing the performance of wind turbines.
In recommendations for future energy solutions, it is suggested that the focus should remain on the offshore wind energy sector. The China Energy Network is expected to release further updates in the coming months, specifically detailing the progress of offshore wind energy projects.
For more insights and updates, please visit China Energy Network.
