• Week of February 18, 2019

    News Summary:

    • NDRC encourages more foreign investment
    • Beijing Olympic Committee and State Grid sign contract for green power supply
    • Jiangsu to eliminate more than 2.8GW of thermal power projects in next two years
    • Shanghai to fund high-end smart equipment projects up to 30 million CNY
    • 2018 report shows Jiangxi wind power generation above 4TWh for 31.35% YOY increase

     

     

    NDRC encourages more foreign investment

    The National Development and Reform Commission (NDRC) and the Ministry of Commerce (MOC) have released "Industry Directory for the Promotion of Foreign Investment", which is now in its draft stage and open for comments from the public. This notice has two intentions: 1) to revise the current guide for foreign investment industries, which applies to foreign investors and investment projects in various Chinese provinces and 2) to revise the list of advantageous foreign-invested industries in China’s central and western regions. The overall orientation of these revisions is to encourage more foreign investment in a large number of industries and technologiesincluding renewable energy, renewable power generation equipment, key equipment manufacturing and clean power plants. (NDRC)

     AzureChinaCleantechNews18Feb2019 01

     

     

    ”Industry Directory for the Promotion of Foreign Investment” actively encourages more foreign investment in modern agriculture, advanced manufacturing, high-tech, modern service industries, etc., giving foreign capital a larger role in the transformation and upgrade of traditional industries, the development of emerging industries and the promotion of a sound economy in China.

     

     

    Beijing Olympic Committee and State Grid sign contract for green power supply

    The Beijing Olympic Organizing Committee and the State Grid Corporation announced that both Beijing 2022 Winter Olympics and Winter Paralympic Games venues would adopt “Green Power” in an effort to promote the widespread use of green energy in cities such as Beijing and Zhangjiakou in the future. China Huadian signed the contract as a representative of clean energy power generation enterprises (Xinhuanet)

     AzureChinaCleantechNews18Feb2019 02

     

     

    Jiangsu to eliminate more than 2.8GW of thermal power projects in next two years

    The Jiangsu Development and Reform Commission (DRC) has stated in a notice that eliminating the backward production capacity of thermal power units is a primary initiative of the power industry, to be carried out by accelerating the transformation of development methods, promoting energy conservation and emission reduction and optimizing the power structure. A total of 72 units of 2.83GW thermal power plants are listed in the notice, with the target timeframe for elimination within two years after the “Thirteenth Five-Year Plan”. (Jiangsu DRC)

     

     

    Shanghai to fund high-end smart equipment projects up to 30 million CNY

    The Shanghai Municipal Commission of Economy and Informatization (SHEITC) has just launched a special report on Shanghai’s first breakthrough R&D project of high-end smart equipment, which includes offshore wind turbines of 6MW and above and onshore wind turbines of 2-3MW and above. The report states that the project will be funded by SHEITC, in which the allocation offund for each project will not exceed 30% of the amount of the first equipment sales contract. The first international equipment project will receivefunding of 20-30% of the contract amount not exceeding 30 million CNY. (Sheitc)

     AzureChinaCleantechNews18Feb2019 03

     

     

    Report shows Jiangxi2018wind power generationexceeds 4TWh, a 31.35% YOY increase

    In the first three years of the “Thirteenth Five-Year Plan”, the growth rate of electricity consumption in Jiangxi Province hasincreased stably and is now ranking 9th in the country with an average annual growth rate of 9.54%. In 2018, the province's electricity production and consumption continued to maintain rapid growth, with total consumption reaching 142.877TWh, a YOY increase of 10.42%, and power generation reaching 130.145TWh, a YOY increase of 9.77%. (Jiangxi DRC)

     AzureChinaCleantechNews18Feb2019 04

    AzureChinaCleantechNews18Feb2019 05