
ASF and Mingyang Smart Energy have established a joint venture, Mingyang BASF New Energy (Zhanjiang) Co., Ltd., to develop and operate a 500 MW offshore wind farm in Zhanjiang, Guangdong Province, China. Under the shareholding structure of 90 percent Mingyang and 10 percent BASF, the project marks the first Sino-German offshore wind initiative covering development, construction, and operation. Subject to final regulatory approval, the wind farm is slated to begin operations in 2025 and will supply the majority of its generated power to BASF’s Zhanjiang Verbund site, supporting the site’s goal of running entirely on renewable electricity from start-up.
The collaboration combines BASF’s expertise in advanced materials with Mingyang’s proficiency in wind power equipment to drive safer and more cost-effective turbine technologies. Precision thermal and structural materials supplied by BASF are expected to enhance turbine durability and lifecycle performance, while Mingyang’s clean-energy systems deliver the core generation capacity. Beyond contributing to China’s carbon-reduction targets, the project underpins BASF’s global ambition to achieve net-zero greenhouse gas emissions by 2050 and serves as a lighthouse for sustainable practices in the chemical industry.
Image Credit:
Mingyang Smart Energy, BASF