If you are looking for a company to invest in and have access to China's stock market, I would seriously suggest MingYang. This is a good article about why you should consider them
First, China has huge onshore wind turbine demand, which is all about lower cost. Mingyang can now produce its own blade, tower and gearbox, all of which will allow it to compete better. It also has its 8.5MW turbine which is competitive with everyone else.
Where Mingyang really excels in is offshore turbine. It has the leading offshore 18MW product that was recently announced. All the turbines getting delivered this year are in the 10-14MW range. It will be delivering 16MW turbine next year. On top of that, it has full lineup of floating turbines, which is essential in harnessing the more powerful & abundant farther away offshore wind power.
But they go beyond that
But their biggest path forward is the hydrogen production business. They designed the world's largest alkaline electrolysis system. It has broadband tuning from 10 to 110% to adjust to the volatility of renewable energy
With fish farms and hydrogen production.
H2 production makes a lot of sense when there is excessive wind energy, which severely lowers power prices.
First, China has huge onshore wind turbine demand, which is all about lower cost. Mingyang can now produce its own blade, tower and gearbox, all of which will allow it to compete better. It also has its 8.5MW turbine which is competitive with everyone else.
Where Mingyang really excels in is offshore turbine. It has the leading offshore 18MW product that was recently announced. All the turbines getting delivered this year are in the 10-14MW range. It will be delivering 16MW turbine next year. On top of that, it has full lineup of floating turbines, which is essential in harnessing the more powerful & abundant farther away offshore wind power.
But they go beyond that
They've gotten into photovoltaics. Can make their own HJT battery. And produces Cadmium Telluride. Their goal with photovoltaics is to satisfy the requirement of wind/solar/storage projects.
I've actually looked here . They subsidiary REnergy Electric looks to have their own energy storage power conversion system.
But their biggest path forward is the hydrogen production business. They designed the world's largest alkaline electrolysis system. It has broadband tuning from 10 to 110% to adjust to the volatility of renewable energy
But the focus on Mingyang is offshore wind power and exploring sea resource.
With fish farms and hydrogen production.
H2 production makes a lot of sense when there is excessive wind energy, which severely lowers power prices.
Hydrogen fuel can be used in industrial fields like metallurgy, chemical industry & others. By 2060, 60% on hydrogen usage is estimated to be industrial and only 31% expected to be in transportation
So, it's looking to be involved in the most promising green areas of the future. At some point, the cheapest hydrogen will be produced by excessive power from wind/solar floating farms during offpeak hours directly by splitting seawater. China does have a lot of offshore ocean in SCS and ECS and even yellow sea that can be explored here. It's a great way to become a net exporter of energy product, cheap energy product.
