First Sino-German offshore wind farm project involving development, construction and operation
Key milestone for 100 percent green power supply of BASF’s Zhanjiang Verbund site
Ludwigshafen, Germany, and Zhanjiang, China – July 21, 2023 – BASF and Mingyang have agreed to jointly construct and operate an offshore wind farm in South China and have therefore formed a joint venture named Mingyang BASF New Energy (Zhanjiang) Co., Ltd. Mingyang will hold 90 percent and BASF 10 percent of the shares. The windfarm in Zhanjiang Municipality of Guangdong province will have a total installed capacity of 500 megawatts. Subject to construction approval from the
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