# Tongyu Heavy Industry to invest 667M yuan in offshore wind power capacity expansion

Tongyu Heavy Industry's subsidiary Qingdao Baojian Technology Engineering will invest 667 million yuan to build a large offshore wind power product capacity enhancement project at its existing plant in Jimo, Qingdao. The project will add annual capacity of 360 sets of large offshore wind power structural parts and machining capability, with a one-year construction period.

- Type: Expansion
- Announced: 2021-08-12
- Where: Jimo District, Qingdao, Shandong, China
- Value: $103.0M (667.0M CNY)
- Status: announced
- Capacity: 360 sets of large offshore wind power structural parts per year
- Products: large offshore wind power structural parts
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Tongyu Heavy Industry](https://endata.com/companies/57051.md)
- [Qingdao Baojian Technology Engineering](https://endata.com/companies/57054.md) (partner)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/533623.html), 2021-08-12: "项目建成后预计将形成年产360套大型海上风电结构件的生产能力，以及配套机加工能力。"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.