Goldwind has greenlit a ¥18.9bn ($2.7bn) integrated green hydrogen project in Bayannur, Inner Mongolia, combining 3GW of wind power with 1.2GW of electrolysis capacity. The facility will produce 600,000 tonnes of methanol and 400,000 tonnes of ammonia per year, positioning Goldwind among the first companies globally to deliver full-scale wind-to-hydrogen-to-methanol and ammonia production.

The project will leverage local biomass gasification infrastructure and legacy coal assets for downstream production. Hydrogen generated on-site will also support co-firing trials in thermal power plants, helping offset operational costs. Funding will come from a mix of internal capital and bank loans, with strong support from China’s hydrogen subsidies.

Goldwind’s existing 44.28GW turbine order book, more than half rated above 6MW, underpins the project’s scale ambitions. The company is also developing a separate 2GW wind farm in Jalaid Banner, scheduled for 2025. While high production costs and reliance on state support are noted risks, the project reflects Beijing’s 14th Five-Year Plan and 2060 carbon neutrality goals.

Through this initiative, Goldwind aims to strengthen its position in downstream green fuel production and demonstrate the viability of large-scale wind-to-X integration in China’s rapidly expanding renewable energy market.