8 Billion Yuan! 1GW Guohua HG14 the World’s Largest Offshore Photovoltaic Project to Be Approved

PVTIME – A feasibility study review for the Guohua HG14 1000MW Offshore PV Project was recently held in Jinan City, Shandong Province, China.

As one of the first pile-based fixed offshore photovoltaic projects, the Guohua HG14 Offshore Photovoltaic Project will be invested and constructed by Shandong Guohua Shidai Investment Development Co.,Ltd, a subsidiary of Shenhua Group, which is mainly engaged in investment, management and operation of renewable energy and investment in coal, finance and real estate, with an installed capacity of 1000 MW and a total investment of approximately 7.97 billion yuan.

The project will use a total of 2.366 million pieces of 550 watt monocrystalline silicon photovoltaic modules, with a total of 2.366 million modules, and will be supported by a 220kV booster station. When completed and commissioned, it is estimated to generate 1.652 billion kWh of electricity annually, which can meet the electricity needs of approximately 550,000 households for one year, save approximately 503,800 tonnes of standard coal and reduce 1,344,700 tonnes of carbon dioxide.

Scan the QR code to follow PVTIME official account on Wechat for latest news on PV+ES