China's largest wind turbine installation vessel, the "Longyuan Zhenhua 3", could boost international cooperation in the South China Sea, experts said Sunday.
The vessel, which went into trial service on Sunday in Nantong, East China's Jiangsu Province, has a lifting capacity of 2,000 tons, making it the largest of this kind in the world, currently, news site people.cn reported.
Building offshore wind farms is outrageously expensive, especially for the nascent U.S. wind industry which is on a steep learning curve. The only wind farm in U.S. waters is reported to have cost around $300 million for five turbines with a modest combined capacity of 30 MW. Obviously, costs will have to come down if the industry is to grow. Even though the European developers have been working in offshore wind longer, they have also struggled with costs.
Operated by Statoil in partnership with Masdar, the 30 MW wind farm consists of five 6 MW turbines and is located 25 kilometers offshore Peterhead in Aberdeenshire, Scotland and will power approximately 20,000 households.