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<p><a href="http://nyj.shandong.gov.cn/col/col100229/index.html" target="_blank" rel="noopener">Shandong Provincial Energy Administration</a> has invited bids to develop ten offshore solar photovoltaic (PV) sites with a total installed capacity of 11.25 GW.</p>
<p>The projects will be developed in Binzhou, Dongying, Weifang, Yantai, Weihai, Qingdao, and other regions near the coast of Shandong province.</p>
<p>The last date to submit the bids is June 1, 2022.</p>
<p>The pile-based fixed offshore solar projects in Shandong will be allocated through market competition.</p>
<p>According to Shandong province&#8217;s overall offshore solar capacity deployment, the installations will adhere to the unified planning and layout at the provincial level, allocation of resources, and development and construction.</p>
<p>Bidders must be registered in China with independent legal person status and capable of integrating the investment, construction, and operation of offshore new energy projects or surface PV projects.</p>
<p>In the past three years, bidders should not have been involved in any major production safety accident in the field of new energy. They should have a sound safety management system and a good production safety record.</p>
<p>Group companies or subsidiaries that the group has authorized can participate in the competitive bidding process as a declaration enterprise, and investment entities authorized by the group in the form of individual declarations or consortia. For the declaration of a consortium, it is necessary to clarify the shareholding ratio, ensure that one party holds more than 50% of the shares, and submit a consortium agreement.</p>
<p>In the last financial year, bidders&#8217; total assets should be 15 billion yuan (~$2.22 billion) and above, and the net assets should be 3 billion yuan (~$444.21 million) and above. If a consortium is declared, the total assets and net assets will be calculated according to the shareholding ratio of each party.</p>
<p>China <a href="https://mercomindia.com/china-exports-modules-2021/" target="_blank" rel="noopener">added</a> 55 GW of solar capacity in 2021, and module exports surpassed 100 GW, despite the COVID-19 pandemic and supply chain issues. The cumulative solar installations at the end of 2021 stood at 306 GW, with 35% made up of distributed systems. Wind accounted for nearly 8% of the installations and solar for 12.9%.</p>
<div class="saboxplugin-wrap" itemtype="http://schema.org/Person" itemscope itemprop="author"><div class="saboxplugin-tab"><div class="saboxplugin-gravatar"></div><div class="saboxplugin-authorname"><a href="https://cms.mercomindia.com/author/rakesh-ranjan-parashar/" class="vcard author" rel="author"><span class="fn">Rakesh Ranjan</span></a></div><div class="saboxplugin-desc"><div itemprop="description"><div class="designboxt">
<p><img class="alignleft" style="border-radius: 50%;height: 50px;margin-top: -4px;border: 1px solid #00b451" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/02/Rakesh-Headshot-crop-2.jpg" width="50" /></p>
<p><strong style="text-decoration: underline">Rakesh Ranjan,</strong> Staff reporter at Mercom India<br />
<a href="https://mercomindia.com/author/rakesh-ranjan-parashar/" target="_blank" rel="noopener">More articles from Rakesh Ranjan.</a></p>
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<p><img class="alignleft" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/02/Rakesh-Headshot-crop-2.jpg" width="77" height="102" /><a href="https://mercomindia.com/author/rakesh-ranjan-parashar/" target="_blank" rel="noopener"><strong style="color: #00b451">Rakesh Ranjan</strong></a> is a staff reporter at Mercom India. Prior to joining Mercom, he worked in many roles as a business correspondent, assistant editor, senior content writer, and sub-editor with bcfocus.com, CIOReview/Silicon India, Verbinden Communication, and Bangalore Bias. Rakesh holds a Bachelor’s degree in English from Indira Gandhi National Open University (IGNOU). <a href="https://mercomindia.com/author/rakesh-ranjan-parashar/" rel="noopener noreferrer">More articles from Rakesh Ranjan.</a></p>
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China Invites Bids for 11.25 GW of Offshore Solar Projects in Shandong Province

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