China Ming Yang Wind Power Group

What China Ming Yang Wind Power Group does

China Ming Yang Wind Power Group Limited, operating as Mingyang Smart Energy Group Co., Ltd. (明阳智慧能源集团股份公司), is a vertically integrated Chinese clean energy conglomerate headquartered in Zhongshan, Guangdong and publicly listed on the Shanghai Stock Exchange (601615.SH) and London Stock Exchange via GDR (MYSE.L). Founded in 2006 on the foundation of founder Zhang Chuanwei's 1993 electrical equipment business, the company designs, manufactures and sells the MySE series of wind turbines spanning onshore (3-11 MW), offshore fixed-bottom (8-22+ MW) and floating (5.5-16.6 MW) applications, supported by proprietary MCD (medium-speed compact direct-drive) transmission technology with 97% efficiency, 3,000+ patents, and world-first dual-rotor floating platform innovations. Its product portfolio extends beyond turbines into HJT and perovskite tandem photovoltaic modules, cadmium telluride BIPV glass, energy storage systems (PCS/EMS/BMS), green hydrogen and ammonia equipment, and digital management platforms (DataSoul, Green Energy Cloud, Deep Fusion X) that combine AI-driven predictive maintenance, fault diagnosis and multi-energy coordination.

The business operates across four revenue streams: hardware sales of wind turbines and energy equipment; project development and asset investment in wind, solar and hydrogen facilities; full-lifecycle smart O&M services delivered through 20+ production bases, 400+ spare parts warehouses and 15 regional service centers; and integrated clean energy solutions for industrial parks, rural areas and green chemical plants. Go-to-market is direct enterprise sales to utility-scale wind developers and state-owned utilities in China, supplemented by strategic partnerships and MoUs for international expansion into 60+ countries. Customers include state-owned power utilities, independent power producers, industrial decarbonization buyers (steel, chemicals, data centers) and international developers such as Copel (Brazil), Octopus Energy (UK), Vattenfall (Sweden), Oceanic Wind Energy (Canada) and Buhawind (Philippines). The company reported cumulative installed capacity above 131 GW across 1,900+ projects globally, ranked #2 in China with 18.9 GW of new wind installations in 2025, and holds top-3 global market share in wind turbines.

Name

China Ming Yang Wind Power Group

Legal name

明阳智慧能源集团股份公司 (Mingyang Smart Energy Group Co., Ltd.)

Website

https://myse.com.cn

Company type

Public

Founded year

2006

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Mingyang Smart Energy is a Chinese vertically integrated clean energy group that designs, manufactures and services MySE-series wind turbines (3-22+ MW onshore, offshore and floating), solar PV, energy storage and hydrogen equipment, selling primarily to utility-scale developers, state-owned utilities and industrial decarbonization customers across 60+ countries.

Ownership category

akta.pro rank

Product category

Wind Turbine Manufacturing

NAICS

Turbine and Turbine Generator Set Units Manufacturing (333611), Wind Electric Power Generation (221115), Engine, Turbine, and Power Transmission Equipment Manufacturing (33361)

SIC

Engines & Turbines (3510), Motors & Generators (3621)

akta.pro primary industry

Wind Turbine OEM Manufacturing (Nacelles, Drivetrains, Generators) (EUAMAHAD)

akta.pro secondary industries

Wind Turbine OEMs & System Integration (Nacelle/Generator/Controls) (EUAMACAC), Wind Farm Ownership & Operations (IPP/Utility-Owned Asset Operations) (EUACAFAF), Offshore Wind Power Generation (Floating) (EUACAFAC), Advanced Wind Technology R&D (Floating Offshore, Airborne Wind, New Rotor/Blade Concepts) (EUAMAOAB), Wind Blades, Towers & Foundations Manufacturing (EUAMAHAE)

Keywords

• Wind turbine manufacturing
• Offshore wind energy
• Floating wind platforms
• Solar photovoltaic modules
• Energy storage systems

Headquarters

HQ city

Zhongshan

HQ country

China

HQ region

Asia

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Wind Turbine Manufacturing & Sales: Core revenue from design, manufacturing, and sale of wind turbines ranging from 3MW to 22MW+ for onshore, offshore, and floating applications. Includes custom-designed turbines for specific wind conditions.
2. Renewable Energy Project Development: Investment and development of wind, solar, and hydrogen projects. The company operates power stations and invests in renewable energy assets globally.
3. Smart Operations & Maintenance: Full lifecycle O&M services including 20+ production bases, 400+ spare parts warehouses, 15 regional service centers. Digital platform enables remote monitoring and predictive maintenance.
4. Energy Storage & Hydrogen: Energy storage system solutions covering power grid, user side applications, plus hydrogen production equipment including electrolyzers.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

China Ming Yang Wind Power Group designs, manufactures and sells wind turbines spanning 3 MW to 22 MW+ capacities for onshore, offshore and floating applications, with the proprietary MCD (Medium-speed Compact Direct-drive) semi-direct drive transmission technology. The company also produces HJT and perovskite-tandem photovoltaic modules, integrated energy storage systems (PCS/EMS/BMS), hydrogen production equipment, and digital platforms (DataSoul, Green Energy Cloud, Deep Fusion X) for wind farm O&M and integrated energy management.

Product overview

China Ming Yang Wind Power Group (Ming Yang Smart Energy / 明阳智慧能源集团股份公司) is a vertically integrated clean energy group offering wind turbines, solar PV, energy storage, hydrogen, and digital platforms. Its core product lines include the MySE series of offshore wind turbines (8–20+ MW), floating offshore platforms including the dual-rotor Mingyang Tianchenghao/MySE16.6T, onshore wind turbines (3–11 MW), Zhuque HJT photovoltaic modules, perovskite/HJT tandem cells, cadmium telluride BIPV glass, and integrated energy storage systems (PCS/EMS/BMS). Supporting platforms include the DataSoul smart O&M platform, Green Energy Cloud IoT platform, and Deep Fusion X 'Ocean Intelligence Brain' AI management platform. Solutions span smart energy power stations, rural green energy, green chemical (hydrogen/ammonia/methanol), and zero-carbon industrial parks.

Differentiator

Problem solved

Functional benefit

Brands

• MySE: Wind turbine product series including offshore (MySE8-20+MW), onshore (MySE3-11MW), and floating models (MySE5.5-16.6MW)
• Deep Fusion X
• Ocean X / 明阳天成号
• DataSoul
• Green Energy Cloud Platform (绿能云平台)

Products and services

• MySE Series Offshore Wind Turbines (8-22 MW) Customized offshore wind turbine series in 8-10MW, 11-12MW, 14-16MW, and 18-22 MW capacity ranges featuring MCD semi-direct drive technology with 97% transmission efficiency, ultra-typhoon resistance (up to 79.8 m/s extreme wind speed), integrated lubrication/cooling systems, and AI-enabled self-learning controls. Sold to utility-scale offshore wind farm developers worldwide.
• MySE Floating Offshore Wind Turbines (5.5-16.6 MW) Floating offshore wind turbine series including MySE5.5-155 (world's first anti-typhoon floating turbine), MySE7.25-158, and Mingyang Tianchenghao/MySE16.6T (world's largest single floating platform with dual-rotor design). Designed for waters 100km offshore and 100m+ depth for utility-scale floating wind deployment.
• MySE Onshore Wind Turbines (3-11 MW) Onshore wind turbine series in 3-6MW, 5-8MW, and 8-11MW ranges following 'high efficiency, high reliability, low LCOE' principles. Customizable for 'three north' regions, sandy/goaf areas, low-wind-speed central-southeast areas, plateau, and coastal typhoon zones. Sold to onshore wind farm developers and utilities.
• Smart Energy Storage Systems (PCS / EMS / BMS) Integrated energy storage solutions covering Power Conversion Systems (PCS), Energy Management Systems (EMS), and Battery Management Systems (BMS) with grid oscillation suppression, virtual synchronous generator, virtual power plant, and intelligent temperature-controlled均衡 control technologies. Includes three-phase storage inverters, RE-key distributed liquid-cooling cabinets, air-cooled and liquid-cooled integrated storage systems. Applied to power grid, network, and user-side applications.
• Zhuque (MyMJ) Series HJT Photovoltaic Modules Next-generation heterojunction (HJT) photovoltaic modules with >26.5% efficiency using microcrystalline technology, >90% bifaciality, temperature coefficient of -0.255%/°C, and 30-year linear power warranty. Includes MYMH-54HDB (all-black), MYMH-66HDR (bifacial), and MYMH-72HD models for solar farm developers and distributed generation customers.
• Perovskite / HJT Tandem Solar Cells Perovskite/HJT tandem battery technology achieving 32.3% conversion efficiency, under development at Ming Yang's perovskite solar cell experimental center. Next-generation solar technology for utility and distributed generation customers.
• Cadmium Telluride (CdTe) Photovoltaic Glass Building-integrated photovoltaic (BIPV) glass products using CdTe thin-film technology with lab efficiency exceeding 21% and mass-produced modules at >17% efficiency. Customizable color, pattern, and light transmission options for architectural and BIPV applications.
• DataSoul Smart O&M Platform (智慧运维平台) Wind farm smart operation and maintenance platform with distributed, layered, containerized service governance framework. Supports integrated monitoring, efficiency assessment and diagnosis, full-situation assisted decision-making, and intelligent maintenance scheduling. Enables 3000+ hours 'trouble-free' operation and 'unmanned' duty station management for wind farm operators.
• Green Energy Cloud Platform (绿能云平台) Industrial internet platform for digital energy management integrating IoT, big data, AI analytics, and visualization. Provides energy-carbon intelligent control, energy statistics, carbon asset management, efficiency analysis, and equipment health management for governments, enterprises, and industrial parks.
• Deep Fusion X Platform (海洋智慧大脑) World's first 'Ocean Intelligence Brain' AI management platform for offshore wind. Features 1+3+N intelligent perception system, satellite link dual communication, precise complex condition prediction, multi-dimensional situational assessment, and 'wind-solar-storage-hydrogen' efficient integration for offshore wind farm operators.
• Offshore Wind + Marine Ranching Integrated Equipment Integrated jacket foundation wind turbine and cage aquaculture equipment enabling 'offshore wind + marine ranching' combined development. Features 5,000-150,000 m³ aquaculture water volume, 75-200 ton annual fish yield, and resistance to 17-level typhoons. Sold to offshore wind developers and aquaculture operators.
• Rural Green Energy Solutions (绿美乡村) Distributed wind-solar-biomass multi-energy complementary solutions for rural areas, combining renewable power generation with agriculture, fisheries, livestock, and green hydrogen applications. Includes village-level wind projects and 'tea-light complementary' PV systems for rural communities and local governments.
• Green Chemical Industry Solutions (绿色化工) Power-to-X solutions producing green ammonia, methanol, and fertilizers via electrolytic hydrogen from wind/solar power. Includes hydrogen blending in natural gas pipelines, CO₂ capture for green methanol, and green ammonia production using high-efficiency gasification technology for chemical and fertilizer industry customers.
• Zero Carbon Park Solutions (零碳园区) Integrated zero-carbon industrial park solutions combining distributed energy generation, energy storage, and intelligent energy management systems to achieve 100% green power coverage. Includes distributed PV, BIPV, energy storage, smart charging, and carbon credit management for industrial park operators and local governments.
• Smart Energy Power Station (智慧能源电站) Integrated wind-solar-storage-hydrogen clean energy power station investment, development, and operations covering project planning, design, construction, production, and electricity trading. Operating across 20+ Chinese provinces with ongoing international projects; serves utilities, IPPs, and government programs.

Quantifiable outcome

• 98.5%+ generator efficiency
• +5 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability10 records

Feature6 records

Partnerships

13 partnerships are on record, tiered core and minor.

• Henan Investment Group (河南投资集团)coreStrategic or Co-development Partner · 23 July 2026Cooperation on thousand-level industrial clusters, zero-carbon parks, 'three barrels' (lubricating oil, biomass energy, green ammonia) layout, equipment supply, and international business cooperation.
• Liuzhou Steel Group (柳钢集团)coreStrategic or Co-development Partner · 16 July 2026Strategic cooperation on green transformation, stable supply of wind power steel, and zero-carbon comprehensive energy projects. Industry complementarity for green steel production and wind turbine steel supply.
• Oceanic Wind Energy (Canada)coreStrategic or Co-development Partner · 29 May 2026Strategic investment partnership for 1.5-2 GW offshore wind project in Hecate Strait off British Columbia, Canada. Ming Yang to provide equity investment, debt financing, and technical expertise during 90-day due diligence. Project advancing with Coast Tsimshian Enterprises representing First Nations.
• SF Express (顺丰)coreStrategic or Co-development Partner · 19 May 2026Strategic cooperation on digitalized offshore wind O&M including intelligent transportation, spare parts management, predictive maintenance. Joint申报国家级重点研发课题 for digital twin transport and air-sea integrated intelligent O&M.
• Masdar (UAE)coreStrategic or Co-development Partner · 13 April 2026Meeting to explore cooperation in Middle East, Central Asia, Southeast Asia, and Europe markets. Shared vision on large-scale renewable energy project development and technology collaboration.
• A.P. Møller Group (Denmark)coreStrategic or Co-development Partner · 10 April 2026Discussions on offshore wind and green shipping cooperation with chairman Robert Maersk Uggla. Focus on synergistic development of offshore wind and green maritime energy.
• Octopus Energy (UK)minorStrategic or Co-development Partner · 27 March 2026UK energy retailer publicly criticized government decision to ban Mingyang turbines. Expressed support for using Mingyang technology in UK offshore wind projects.
• ACWA Power (Saudi Arabia)coreStrategic or Co-development Partner · 27 March 2026Meeting between chairman Zhang Chuanwei and ACWA Power founder chairman Abu Narayan at Boao Asia Forum Riyadh conference. Discussions on energy sector cooperation and development direction.
• XCE Energy / Vietnam Spring Bridge Group (Vietnam)coreStrategic or Co-development Partner · 31 January 20266 GW zero carbon energy project cluster including offshore wind, green hydrogen/ammonia, and zero-carbon industrial park. Strategic cooperation with China Power Construction International for development.
• Falkirk Environmental Consultants (Canada)minorImplementation/ SI/ Consulting Partner · 22 December 2025Retained by Oceanic Wind to begin environmental approvals process for Hecate Strait offshore wind project.
• Buhawind Energy Northern Luzon Corp (Philippines)coreStrategic or Co-development Partner · 11 November 2025MoU to conduct feasibility study for 2 GW offshore floating wind project in Ilocos Norte, Philippines. Study to assess turbine suitability, energy yield, and costs.
• Vattenfall (Sweden)minorStrategic or Co-development Partner · 30 October 2025CEO wouldn't rule out using Mingyang turbines for major offshore wind farm, framing potential supplier competition as healthy for supply chain.
• Copel (Brazil)coreStrategic or Co-development Partner · 19 August 2025First Mingyang turbines in Latin America. Project in Rio Grande do Norte using MySE6.25-172 turbines, with Copel providing local expertise and market access.

Scale indicators12 records

Recent moves8 records

Expansion highlights7 records

Broad incumbents

• Shanghai Electric: Chinese state-owned diversified power equipment manufacturer including wind turbines; competes with Ming Yang in Chinese wind market and broader clean energy equipment internationally.
• Dongfang Electric: Chinese state-owned power equipment manufacturer with wind turbine business among broader thermal power, hydro, and nuclear equipment portfolio; competes in Chinese wind market with broader incumbency.

Direct peers

• Envision Energy: Chinese wind turbine OEM with strong international ambitions and integrated smart energy platform; competes with Ming Yang in both domestic and emerging market expansion.
• Siemens Energy (Siemens Gamesa): Major Western offshore wind turbine manufacturer competing with Ming Yang in global offshore wind markets; also a primary beneficiary of Chinese OEM restrictions in Europe.
• GE Vernova: US-based wind turbine OEM (GE Renewable Energy successor) competing globally in offshore and onshore wind; major Western competitor facing similar Chinese competitive pressure as Ming Yang.
• Nordex: German wind turbine OEM focused on onshore wind globally; competes with Ming Yang in international onshore tenders, particularly in emerging markets where cost competition is intense.
• Goldwind: Chinese wind turbine OEM and the closest direct competitor in domestic Chinese market, competing head-to-head in both onshore and offshore segments with Ming Yang.
• CSSC Haizhuang (CSSC Offshore & Marine Engineering Wind Power): Chinese offshore wind turbine OEM backed by China State Shipbuilding Corporation; emerging direct competitor to Ming Yang in the fast-growing Chinese offshore wind segment.
• Vestas Wind Systems: Danish-based world's largest wind turbine OEM; competes directly with Ming Yang in offshore and onshore wind markets. Cited by UK government as the alternative supplier when Ming Yang turbines were blocked from British waters.

Emerging players

• Sany Renewable Energy: Chinese wind turbine OEM subsidiary of Sany Heavy Industry with rapidly growing market share; emerging direct competitor to Ming Yang in onshore wind, particularly in 'Three North' regions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/mingyangsmartenergy
• YouTubeyoutube.com/@myingyanggroup

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about China Ming Yang Wind Power Group