According to GlobalData, the value of China construction market is forecast to grow by 4.4% in real terms in 2023, having grown by 4.4% in 2022. A key growth market will be the infrastructure market, with output rising by 18.0% in real terms. GlobalData tracks and profiles all major construction projects from announcement to completion. For further insight on this market, buy the latest profiles here.
Here are the top five wind energy construction projects that commenced in China in Q2 2023, according to GlobalData’s construction projects database.
1. Guangxi Fangchenggang Offshore Wind Farm 2000 MW
The project involves the construction of an offshore wind farm in Fangchenggang, Guangxi.
Construction work started in Q2 2023 and is expected to be completed in Q4 2027.
This project aims to increase electricity generation capacity using a renewable source to meet the growing demand for energy in the region. Buy the profile here.
2. Yuhuan No. 2 Offshore Wind Farm 504 MW
The project involves the construction of a 504MW offshore wind farm at Yuhuan county in Taizhou, Zhejiang.
Construction work commenced in Q2 2023 and is expected to finish in Q4 2024.
This project will address the increased demand for electricity and enhance electricity generation using a renewable source.
3. Jinzhou Heishan Centralized Wind Farm 500 MW
The project involves the construction of a centralized wind farm with a capacity of 500MW in the Heishan County of Jinzhou, Liaoning.
Construction work started in Q2 2023 and is forecast to complete in Q3 2026.
The project aims to generate clean energy by using renewable sources to meet the region’s growing electricity demand. Buy the profile here.
4. Huma County Wind Farm 100 MW
The project involves the construction of a 100MW wind farm in Huma County, Daxinganling, Heilongjiang.
Construction work commenced in Q2 2023 and is expected to be completed in Q2 2024.
The project aims to increase the power generation capacity to meet the growing demand using renewable sources in the region. Buy the profile here.
5. Huaihua Rangjiaxi Wind Farm 100 MW
The project involves the construction of an onshore wind farm with a capacity of 100MW at Yuanling County in Huaihua, Hunan.
Construction work started in Q2 2023 and is expected to be completed in Q4 2025.
This project aimed to increase electricity generation capacity using a renewable source to meet the growing demand for energy in the region.
For more details on the latest construction projects, buy the profiles here.
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GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.
