Mingyang Group eyes port development for offshore wind projects

Ming Yang Smart Energy Group Limited (Mingyang Group) is looking at expanding its ventures in the Philippines, including investments in port development for offshore wind projects, floating platforms, and wind turbine manufacturing.

Mingyang Group representatives recently met with Department of Finance (DOF) undersecretary Ma. Angela Ignacio and Board of Investments executive director Bobby Fondevilla to discuss offshore wind opportunities in the country, according to the DOF.

The global clean-energy technology and wind turbine manufacturer said it plans to transition from an OEM (original equipment manufacturer) supplier into a local manufacturer capable of delivering offshore wind projects at scale.

DOF said the expansion plans could strengthen domestic manufacturing and supply chains, generate jobs, and accelerate the development of the country’s offshore wind industry and expansion of renewable energy capacity.

This story was originally published by PortCalls Asia. Read the full story at PortCalls Asia →