Fujian Putian Pinghai Bay

Fujian Putian Pinghai Bay. GEM records phase DE Area 400 MW construction.

Project timeline verified milestones only — each date carries its provenance mark

Dashed tick marks today (9 Sep 2026).

Revenue & offtake the regime the project was built under

Offtake regime of the vintage — not a recorded contract
Post-subsidy era — provincial pricing (NDRC notice 2021)

Built after the national subsidy ended. From 2021, newly approved offshore wind projects are priced by the provincial price authority — through competitive allocation where conditions allow — with no central subsidy; the grid company settles the part within the local coal benchmark price. A project approved before 2021 that connected after the 2021 deadline takes the guide price of its connection year. Provincial top-ups (Guangdong, Shandong, Zhejiang and others) exist and are recorded on projects only where a source states them. ·

A built project sells its power under the contract or support regime it was financed with; it is not expected to bid into new government offtake rounds. Where the record does not yet name that regime, the row says so rather than guessing.

Installation how the build is going · from satellite counts and Hafrok’s registers

Installation complete
not yet surveyed by satellite; the built farm can be, on request
Installation · on record
StageOperational
In operation since2025

Sources & verification

3/8 fields verified · rests on 4 sources (2 primary) · ◆ 4 documents held
VerifiedModelledSourcedInferredConventionUnverifiedNo source·Derived
Numbers are stable citation ids — grouped by source class, so they are not consecutive.
Operator2
[3]
China Three Gorges Renewables (Group) Co., Ltd. (SSE: 600905)2026-04-30◆ CTG Renewables 2025 annual report
“莆田平海湾海上风电场 DE 区项目 福建省 400 470,194.00 自筹、 借款 已实现全 容量并网 发电”
supportsConstruction startFirst powerCommercial operationSite rightsTotal capacity
[4]
China Three Gorges e-procurement platform (Haixia Power)2024-12-05◆ Putian Pinghai Bay 400MW offshore wind f…
“本招标项目莆田平海湾海上风电场DE区项目EPC总承包项目已获批准建设,建设资金来自自有资金和自筹资金,招标人为海峡发电有限责任公司 … 风电场场址拟布置 8台上海电气8.5MW风电机组、8台上海电气16.6MW风电机组以及金风科技12台16.6MW风电机组,总装机容量400MW … 计划2025年1月项目主体工程开工,2025年4月具备首批风机吊装条件,2025年7月具备首批机组并网条件,2025…”
supportsConsentTurbinesTotal capacity
Trade press2
[1]
Global Energy Monitor2026◆ Fujian Putian Pinghai Bay offshore wind …
supportsoperatorFinal investment decisionConstruction startSite rightsTotal capacity+2 more
[2]
Global Energy Monitor◆ Global Wind Power Tracker Methodology
“Offshore hard mount: have wind turbines that are usually designed for installation in water no deeper than 60 meters [...] Offshore floating: are an emerging technology designed for installation in de…”
supportsFoundation