Chinese wind turbine manufacturer Mingyang Smart Energy said it remains committed to the European market after ending its involvement in the 300-megawatt (MW) Waterkant offshore wind project in the German North Sea.
The company confirmed it has “mutually agreed” with German asset manager Luxcara to step away from the project, which is now moving forward under a new reservation agreement with Siemens Gamesa.
“Mingyang can confirm that it is no longer involved in the Waterkant project, following a mutual agreement with the project’s developer Luxcara,” the company said in a statement on Monday.
The change marks a shift from a previous agreement signed last year between Mingyang and Luxcara for the supply of turbines to the Waterkant project. Luxcara’s new agreement with Siemens Gamesa signals a realignment in supplier strategy.
Despite the withdrawal, Mingyang emphasised its broader strategic interest in the European renewables sector. “Mingyang sees many opportunities and is supporting a range of projects in the region, [and] remains fully committed to serving the European market with reliable, innovative, and sustainable clean energy solutions,” the company said.
The firm also reiterated its intention to expand its local presence. “We deeply value our partnerships with customers, suppliers, and communities across Europe,” it added. “Moving forward, Mingyang will continue to invest in technological innovation, strengthen local collaborations and explore opportunities to build a local production base and contribute to Europe’s green transition and shared sustainable future.”
Mingyang is one of several Asian turbine manufacturers seeking to grow their footprint in European offshore wind markets, where competition and localisation requirements are increasing.
