Connect with us
Anglostratits

Business

Mingyang’s OceanX Sets Record: World’s Most Powerful Floating Wind Turbine Successfully Sets Sail

Published

on

Mingyang

GUANGZHOU, CHINA – Media OutReach Newswire – 19 August 2024 – On August 13, OceanX, the world’s largest single capacity floating wind power platform, embarked on its journey from Guangzhou to the Yangjiang Mingyang Qingzhou IV offshore wind farm in Guangdong, China. After a 191-nautical-mile, over 50-hour tow, the platform’s arrival marks the commencement of a new era in green energy, poised to set the standard for offshore wind power technology.

Developed by Mingyang Group, this floating wind turbine platform is arranged in a ‘V’ shape and carries two 8.3 MW offshore wind turbines. With a total capacity of 16.6 MW, it can be used in a wide range of sea areas around the world with water depth of more than 35 metres.

OceanX impeller reaches 219 metres at its highest point and a maximum width of about 369 metres in the air. The whole wind turbine platform has a total displacement of 15,000 tonnes, and a towing draft of 5.5 meters. Once operational, it is expected to produce 54 million kWh annually, enough to power 30,000 three-person households for a year.

  • High-Tech Ingenuity: OceanX Floats on Cutting-Edge Materials

OceanX advances wind turbine innovation by enhancing core component technology, driving both aesthetic and functional refinement in design and manufacturing.

Floating foundation is the key component for floating wind turbines in the deep and distant sea. Unlike traditional steel floating foundations, OceanX’s floating foundation consists of three floats, concrete arms and connectors.

It pioneers the use of ultra-high performance concrete with a compressive strength exceeding 115 MPa for floating foundation construction, a material 4 times stronger than standard concrete, significantly enhancing load-bearing capacity. The floating foundation also utilizes a pre-stressed high-strength concrete assembly structure, facilitating modular and batched manufacturing, thereby substantially reducing construction costs.

Mingyang has leveraged caisson pre-tensioning technology in its precast concrete construction, emphasizing interface sealing and the precision of the pre-stressing process. With 1,500 steel strands expertly threaded through the floating body’s arm, it has meticulously controlled tensioning forces and ensured uniform stress across the end face throughout the construction.

OceanX also introduces a cutting-edge float design, using layered material to replace traditional steel or hybrid materials. The float lightens the floats and accommodates their curved form. The three streamlined ellipsoidal floats offer reduced wave resistance and enable lateral rotation, providing yawing power. Rigorous testing confirms that the streamlined shape strikes an ideal balance between stability and load-bearing.

Notably, housing two wind turbines on a single floating platform can significantly cut down the per-kilowatt cost, as well as reduce the required sea area and operational maintenance expenses.

  • Revolutionary ‘V’ Tower: OceanX Pioneers Wind Turbine Architecture

OceanX, with its robust floating foundation, features the integration of two towers in a ‘V’ configuration, marking a first for offshore wind platforms.

OceanX’s tower, with its elongated elliptical design, maximizes wind exposure along its longer axis, significantly exceeding that on the shorter axis. By aligning the tower with the wind direction at an optimal angle, the wind platform’s area is effectively increased, allowing for swifter alignment to the wind and boosting the efficiency of wind energy capture. Additionally, the towers are fitted with a dual-access system for lifts and ladders, ensuring the comfort and safety of personnel during ascent and descent.

In addition to the evolution of the wind turbine form, Mingyang also expands the boundaries of the application of the cable-stayed system, installing it for the first time globally in a wind turbine.

OceanX has ingeniously harnessed the spatial framework of its tower system, integrating the world’s largest high-stress strand cable-stayed system. A robust network of 13 main and 6 auxiliary cables efficiently tensions the mainframe, tower, and floating foundation, establishing a stable tensioning mechanism across the wind turbine’s components. This innovative cable-stayed design has redefined the load transfer path of traditional wind turbines. Instead of the tower bearing the full impeller and gravity loads, the system distributes the tower’s gravity load to the tension cables, with the tower now only partially supporting the impeller loads. This strategic redistribution significantly lightens the tower’s load, enabling a streamlined and lightweight structural design.

To seamlessly integrate the 200-meter-long, 18-centimeter-diameter cables between the wind turbine, tower, and floats, OceanX employs a precise combination of graded pre-tensioning, multi-dimensional monitoring, and synchronized tensioning. This ensures that all 13 main cables achieve their individual pre-tensioning specifications and can be pre-tensioned to a maximum force of 350 tonnes, optimizing the structural integrity and performance of the wind turbine system.

  • Dual-Rotor Pioneer: OceanX’s Unparalleled Wind Harvesting Design

On the V-shaped tower, two main engines are equipped with parallel impellers, covering a sweeping area exceeding 52,000 square meters—comparable to the size of seven standard football fields. With the impeller blades’ tips a mere 5 meters apart, this pioneering design optimizes impeller pitch and wind efficiency while leveraging the V-shape of the tower. It ensures impeller safety and enhances both wind capture and structural stability.

Upon startup, the impellers rotate in opposite directions, enhancing wind speed in the central area and boosting electricity generation from air kinetic energy by 4.29% compared to a single, large turbine with an equivalent swept area.

In the context of the entire wind farm, longer blades on a single turbine can significantly affect the turbine downstream. OceanX employs two small-sized wind turbines, leveraging the coupled vortex effect from counter-rotation to mitigate efficiency losses across the farm.

  • Downwind Mastery: OceanX’s Single-Point Mooring Showcases Cutting-Edge Innovation

OceanX utilizes a downwind design, alleviating tower headroom constraints for the blades, allowing greater movement, and enhancing the unit’s power generation efficiency through flexible and efficient wind energy capture.

In the face of extreme typhoon conditions, floating wind turbines must be designed to withstand 360° typhoon loads from the outset to ensure stability and safety. OceanX employs a single-point mooring system, which allows the platform to adaptively yaw with the typhoon’s direction. This ensures that the wind turbine consistently faces the incoming wind, regardless of the typhoon’s path.

In the mooring system, to withstand forces equivalent to a level 17 typhoon, the turret’s high-precision slewing bearings must offer exceptional load-bearing capacity and superior underwater sealing. To guarantee OceanX’s stable maritime operation, Mingyang has meticulously assembled the turret system, adhering to stringent standards and precision demands.

Data reveals that the single-point mooring solution reduces the ultimate load on the support structure by 40%, significantly improving the wind turbine’s safety and stability in typhoon conditions. This technology’s implementation boosts the standardization and efficiency of onshore operations for marine and engineering equipment.

OceanX is also capable of managing total health of the turbine to optimising power generation efficiency and lowering the maintenance cost thus finally cut down Levelized Cost of Energy (LCOE) under different environmental conditions.

  • From MW Giants to Deep-Sea Pioneers: Mingyang’s Unceasing Quest for economical offshore wind power

In April 2020, the 1:10 scale prototype of the OceanX dual-rotor floating wind turbine platform was launched in Lake Quarry, Germany. By October, it had completed a two-month offshore operation in the Baltic Sea, enduring tests equivalent to 72m/s winds and 30-meter waves, and earned a feasibility certificate from DNV.

Mingyang has pushed the boundaries of offshore wind power technology, from typhoon-resistant wind power to large offshore megawatt units, and now to the navigation of deep-sea floating turbines. The latest advancements in deep-sea floating wind power are setting new standards for human exploration of the ocean, while decreasing the cost per kWh to make the offshore wind more affordable.

As a leader in global clean energy innovation, Mingyang is committed to driving breakthroughs in marine energy technology. It aims to lead industry innovation, expedite sustainable offshore wind development and facilitate the green transmission globally.

For more information, please visit https://www.myse.com.cn/en and https://www.linkedin.com/company/mingyangsmartenergy/

Events

As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

Published

on

Debate

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

Continue Reading

Business

Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

Published

on

CLG

After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

Continue Reading

Business

The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

Published

on

ITFC

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

Continue Reading

Trending