Dajin Heavy Industry Signs $135M Contract for Offshore Wind Farm Monopiles in Europe

Published: Mar 24, 2025 17:59

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On March 24, Dajin Heavy Industry Co., Ltd. released an announcement titled "Regarding the Signing of a Contract for the Manufacturing, Supply, and Transportation of Monopile Foundations for an Offshore Wind Farm in Europe."

The announcement disclosed that recently, Penglai Dajin Offshore Heavy Industry Co., Ltd., a wholly-owned subsidiary of Dajin Heavy Industry, signed a "Contract for the Manufacturing, Supply, and Transportation of Monopile Foundations" with a European energy company. Penglai Dajin will provide super-large monopile products for an offshore wind project in Europe. The total contract amount is approximately $135 million (equivalent to about 986 million yuan), accounting for about 22.80% of the company's audited operating revenue in 2023.

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