Guodian Shandong's Jiaonan Windfarm Receives Approval

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Researched by Industrial Info Resources (Sugar Land, Texas)--GD Power Shandong New Energy Company Limited (Yantai, Shandong), a subsidiary of GD Power Development Company Limited (SHA:600795) (Beijing), which is the listed flagship of China Guodian Corporation (Beijing), received approval from the Development and Reform Commission of Shandong Province (SDRC) for Jiaonan Ziluo Windfarm. This means that the first windfarm of GD Power in Shandong is ready to kick off, GD Power announced on September 30, 2010.

The proposed Jiaonan windfarm is in Jiaonan City, a county-level city under the jurisdiction of Qingdao City. The windfarm has a total planned capacity of 400 megawatts (MW). In the initial stage, the Ziluo and Chongluoshan windfarms, which will have a total installed capacity of 100 MW, will be built in Liwuguan Town, which features low hills with sound water resources and easy access to both grid and transportation network. The Ziluo windfarm has a planned area of about 16 square kilometers with an installed capacity of 49.5 MW; 33 wind turbines of 1.5 MW each will be built. According to the schedule, the windfarm will begin operations in 2011.

In order to implement its green development strategy, GD Power established its new energy development subsidiary in Shandong in late 2009. Less than a year later, the company has acquired development rights for more than 10 gigawatts of renewable energy projects in Shandong. In the middle of July 2010, the grid connection scheme for Ziluo windfarm received approval from Shandong Electric Power Group Company. With all the supportive documents in hand, including land acquisition, environmental impact assessment, and local planning, GD Power Shandong New Energy Company Limited officially submitted the Project Application to the SDRC for approval at the end of July 2010.

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