Interim Measure on the Management of Offshore Wind Farm
China's National Energy Administration (NEA) and State Oceanic Administration (SOA) jointly implemented the Interim Measure on the Management of Offshore Wind Farm, regulating every aspect of offshore wind development. The 38-related articles stipulate that offshore wind farms concessions must be allocated through a competitive public bidding process taking into account offered prices, technical abilities and forecasted performance results. Developers must be Chinese-funded companies or Sino-foreign joint ventures (with at least 50% Chinese ownership).The regulation also imposes a two year inactivity period from the end of the tender process before any construction work can starts.
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