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Edf's China Offshore Wind Deal 'opens Door' To Western Developers

by greentechmedia.com posted 1month ago 20 views
A landmark deal last week from France’s EDF signals that China’s traditionally closed renewables market may be opening to foreign developers, the Global Wind Energy Council’s strategy director said. Feng Zhao told GTM that an agreement between EDF and state-owned China Energy Investment Corporation, a leading industrial player in China’s electricity market, reflects a growing need for foreign resources to prop up China's ambitious offshore wind plans. “Strong expertise [is] needed from the European market,” he said.