China’s Ming Yang Smart Energy is building the world’s largest floating wind turbine—a 50 MW behemoth that could redefine offshore wind economics. (Bloomberg)
The two-headed turbine would be nearly twice the capacity of today’s biggest models, with mass production slated for 2026 and a target cost of under $1,400 per kW—far below current European prices.
The project cements China’s lead in offshore wind as Western competitors face rising material costs, permitting delays, and political resistance.
Ming Yang plans to produce up to 150 units a year at its Guangdong facility as China pushes to more than double offshore wind output by 2030.