Equinor, CPIH to cooperate on offshore wind

Sept. 25, 2019
CPIH (China Power International Holding) and Equinor have signed a memorandum of understanding to cooperate on offshore wind in China and Europe.

Offshore staff

BEIJING – CPIH (China Power International Holding) and Equinor have signed a memorandum of understanding (MoU) to cooperate on offshore wind in China and Europe.

The MoU also opens for potentially expanding the collaboration between the two companies.

Pål Eitrheim, executive vice president New Energy Solutions, said: “China is rapidly increasing its use of renewables and natural gas. The country is set to become the world’s biggest offshore wind market by 2030. As an offshore wind major, Equinor is excited to collaborate with CPIH to develop offshore wind.”

Jun Tian, president of CPIH said: “The signing of the MoU between CPIH and Equinor is a big step forward for both companies to move into new markets in renewables and develop a long-term strategic partnership. We strongly believe the collaboration between CPIH and Equinor in China and Europe will bring vast experience, knowledge and expertise to the industry.”

09/25/2019