Power company eyes wind as next step abroad

China Guodian Corp, one of China's five largest power generators by sales, is stepping up to enter the wind power industry abroad as its main measure to accelerate the internationalization process.

A 100 megawatt wind power project by Guodian is to start construction in Canada's Ontario this month and will be put into operation in 2014, the State-owned power producer told China Daily.

In 2011 Guodian spent C$250 million ($239.5 million) on acquiring the wind power project of Canada's Farm Owned Power (Melancthon) Ltd, making it the first State-owned power company in China to invest in the new energy sector abroad.