Ming Yang, Hebei cooperate on wind projects

Ming Yang will with the provincial government of Hebei  on a series of proposed wind energy projects.

Under the terms of the memorandum of understanding, Ming Yang or China Ming Yang Wind Power Group Limited proposes to develop advanced supply chain capabilities in Hebei province focused on wind power equipment and wind/solar hybrid storage solutions, including a carbon fiber manufacturing facility for the manufacture of 3-6MW large-scale wind turbine blades and battery systems for wind/solar hybrid energy storage. The Hebei government is expected to designate a minimum of 1GW of wind and solar power capacity in Chengde as well as at least 2GW of offshore wind power capacity on Hebei's coast for Ming Yang and certain utility operators to develop.

Mr. Chuanwei Zhang, Chairman and CEO of Ming Yang, commented, "We believe this cooperation with the Hebei government will enhance our ability to grow our business and further expand our market share in China."