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Key milestone for 100 percent green power supply of BASF’s Zhanjiang Verbund site.
July 21, 2023
By: DAVID SAVASTANO
Editor, Ink World Magazine
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 relevant authorities, the wind farm is expected to be fully operational in 2025...
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