REpower Systems AG, REpower’s Chinese partner Dongfang Steam Turbine Works and the Municipality of Qingdao have signed a Memorandum of Understanding (MOU) about the establishment of one of the first offshore wind farms in Asia. The demonstrator project contains five REpower 5M-class turbines, which are due to be installed in spring 2008 next to the venue of the Olympic sailing events. The water depth at the location is approximately 20 metres.