PowerChina has marked a significant advancement in renewable energy with its offshore photovoltaic project located in Qingdao, Shandong province, as the first phase has begun supplying power to the grid. This project will directly benefit homes by integrating its output with the State Grid system.

The ambitious fishery-PV hybrid project entails an impressive investment of 10.2 billion yuan, approximately 1.42 billion dollars. Situated in Aoshan Bay, within Qingdao's Jimo district, the project is set to achieve a planned capacity of 1.15 million kilowatts.

Implemented in two phases, the initial stage of the project includes a 600-MW alternating current installation. It is anticipated to produce around 1.07 billion kWh of clean electricity each year, translating to a significant reduction in fossil fuel reliance by saving an estimated 327,000 metric tons of coal and cutting down carbon dioxide emissions by 871,000 tons.

This groundbreaking initiative couples energy generation with underwater aquaculture, fostering an innovative marine ecosystem that enhances biodiversity while supporting energy output.

Moreover, the large-scale photovoltaic project is a central component of the Nyudao Green Energy Equipment Industrial Park, which also encompasses wind turbine manufacturing and smart shipbuilding, thereby reinforcing the regional clean energy supply chain.