In the policy insisted by the Mongolian government, renewable energy has been proposed to meet the 20% target of the country's total energy production by 2023.
The opening ceremony of Mongolia's third Saiyinshanda wind power park project in East Gobi Province was held recently. Mongolian government representatives, French and German ambassadors to Mongolia, project sponsors and foreign investor representatives and their officials attended the opening ceremony.
According to estimates, the company "Sayin Sunda Wind Park", the French energy industry leader "NG", the German project developer "Ferrostal", the Danish Climate Investment Fund, the European Investment Bank, the European Bank for Reconstruction and Development and the Danish Export Development Agency Funds allocated for the project are expected to be put into use in the fourth quarter of 2018.
According to relevant industry sources, the contractor of the wind power station is China Machinery Engineering Corporation, with a site area of 486 hectares, which is 5 kilometers away from Saiyin Mountain and 250 kilometers away from Zamyn Ude, which can save a lot of money. Infrastructure and transportation costs.