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CIMC Raffles Signed Strategic Cooperation. Agreement with State Power Investment Corporation (SPIC) Shandong Branch
Release time:2019-10-29
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On 28th October 2019, under the witness of Wang Zhong, member of the Standing Committee of Yantai municipal Party committee and executive vice mayor, CIMC Raffles and State Power Investment Shandong Branch signed the comprehensive deepening strategic cooperation agreement in CIMC Offshore Engineering Research Institute. The two sides will carry out in-depth cooperation on Shandong offshore wind power projects, distribution and sale business, and jointly promote the construction of Shandong offshore wind power industry chain. It will also jointly develop the first "offshore wind+ ocean farming" integration demonstration project in China.


SPIC is one of China's top five power generators, an integrated energy group with power as its core. It has a total installed capacity of 126 GW, including 72.43GW of thermal power, 22.03GW of hydropower, 4.48 GW of nuclear power, 11.66GW of solar power and 13.73 GW of wind power, with clean energy accounting for 45.14% of the total, demonstrating a distinctive clean development feature. Its Shandong branch is mainly engaged in the development, investment, construction, operation and management of new energy, gas turbine, comprehensive energy supply, pumped storage and high parameter, large capacity thermal power projects, and is committed to gradually developing into an innovative comprehensive energy supplier led by green energy.

Based in Shandong Province for more than 40 years, CIMC Raffles is a leading offshore EPC contractor in China. Relying on the ability and experience accumulated in offshore engineering, and other fields, through independent innovation and interaction between China and Europe, CIMC Raffles has realized transformation in the field of offshore wind power, successfully developed a 12 megawatt offshore wind turbine installation vessel, and maintained the integrated integration of "wind farm + ocean farming" for the harmonious development of marine ecology. Scheme, as well as floating wind power equipment and other products representing the future technical trend of offshore wind industry. At present, relying on Yantai, Haiyang and Longkou construction bases, CIMC Raffles is becoming the general assembly and operation base of Shandong offshore wind power.



The two sides will jointly promote the construction of the upstream and downstream offshore wind power industry chain in Shandong Province, based on Shandong local, radiating the national and even global offshore wind power market, helping local enterprises in Shandong to transform to the offshore wind power industry, cultivating new momentum with the concept of green development, and promoting industrial transformation and upgrading.

We and State Power Investment Shandong Branch hope to jointly develop more economic, safe and efficient solutions through comprehensively deepening strategic cooperation, promote the landing of the whole industry chain of offshore wind power, and Lucid waters and lush mountains are invaluable assets, so as to achieve high-quality development. CEO and President of CIMC Raffles Wang Jianzhong expressed.

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