• China Cleantech Update August 14, 2018

    News Summary:

    • NEA publishes 1H2018 solar power installations
    • HHI signs an offshore wind construction & installation contract with 3-Gorges
    • Jiangsu power grid load exceeds 100 GW for second consecutive year
    • China EV charging infrastructure annual report (2017-2018) published by NEA
    • Shanghai Electric terminates acquisition of subsidiary of GCL-Poly

     

    NEA publishes 1H2018 solar power installations

    During the first half of this year, 24 GW of new PV capacity was installed. This includes 12GW of centralized PV, a decrease of 30% yr-on-yr, and 12GW of distributed PV, an increase of 72% yr-on-yr. The total installed PV capacity has now reached 154.5GW, about three quarters of which is centralized. (NEA)

     AzureChinaCleantechNews13Aug2018 01

    AzureChinaCleantechNews13Aug2018 02

    In the first half of 2018, newly installed PV capacity in Shandong, Zhejiang, Henan and Jiangsu provinces all above 1GW, and the newly installed distributed photovoltaic installations in the four provinces accounted for more than half of the country.

     

     

    HHI signs an offshore wind construction & installation contract with 3-Gorges

    Huadian Heavy Industries (HHI), a subsidiary of Huadian Group, won the bid for the first batch of foundation construction and installation of 38 wind turbines as well as an offshore high voltage substation for the 3-Gorges Guandong Yangjiang Xishaba 300MW offshore wind project. The contract is worth 1 billion CNY.(Finance Sina)

    AzureChinaCleantechNews13Aug2018 03

    Source: Yangjiang GOV

     

     

    Jiangsu power grid load exceeds 100 GW for second consecutive year

    On August 8, Jiangsu Power Grid load reached 102.26 GW, breaking last year's record of 102.19GW. From January to July this year, total power consumption in Jiangsu reached 349.5TWh, an increase of 6.78% yr-on-yr. Appoximately 22% of this  power demand was produced from renewable energy sources.(CEC)

    AzureChinaCleantechNews13Aug2018 05

     

     

    China EV charging infrastructure annual report (2017-2018) published by NEA

    777,000 electric vehicles were sold in China in 2017, an increase of 53.3% year-on-year, allowing EV market share to reach 2.7%. In 2017, there were 214,000 public charging stations and 232,000 private charging stations. Construction of another 600,000 charging stations is in planning, including 100,000 public and 500,000 private. (NEA)

    AzureChinaCleantechNews13Aug2018 04

    Highway power charging network

     

     

    Shanghai Electric terminates acquisition of subsidiary of GCL-Poly

    In June this year, Shanghai Electric announced its intention to acquire 51% of Jiangsu Zhongneng, a subsidiary of GCL-Poly (HK3800) focused on high-purity polysilicon production, for 12.7 billion CNY. Shanghai Electric now terminates the acquisition procedure. (Finance Sina)

    The acquisition was cancelled due to changes in the photovoltaic situation since the second half of the year. Especially after the “531” PV New Deal, the two sides have different judgments on the trading conditions and the future development prospects of the PV market.

  • China Cleantech Update August 28, 2018

    News Summary:

    • Guangdong DRC publishes opinion on new bidding mechanisms for wind farms
    • Jan to Jul energy statistics published by NEA
    • 3-Gorges Guangdong 400MW offshore wind farm approved by Yangjiang DRC
    • SPIC secures project approval for 2 offshore wind farms in Guangdong province
    • Mingyang and SPIC sign an MOU for cooperation on offshore wind

     

    Guandong DRC publishes opinion on new bidding mechanisms for wind farms

    Guangdong is the first province to publish clarifications on the specific mechanisms which will be used to allocate wind farm subsidies following the new competitive on-grid tariff guidelines requirements issued by NEA earlier this year. The document provides some details on the scoring scale which will enable to compare bidders, as well as guidelines on procedures for applying for subsidies. (GD DRC)

    AzureChinaCleantechNews27Aug2018 04

     

    AzureChinaCleantechNews27Aug2018 03

    According to theNEA policy issued earlier this year (NEA), the tariff related score for both onshore and offshore wind farms should account for at least 40% of total score. The remaining criteria are listed in the pie charts above. For offshore projects, the business capability score, which relies on a specific scale for rating references, is the second most important criteria with a weight of 30%. For onshore projects progress on preliminary construction is given more importance.

     

     

    Jan to Jul energy statistics published by NEA

    From Jan to Jul, power consumption in China reached 3,877.5TWh, a 9% increase yr-on-yr.  Wind showed the strongest growth, with new installations of 9.46 GW, with utilization hours improving as well. (NEA)

     

    Azure has summarized key information in the graphs below:

    AzureChinaCleantechNews27Aug2018 01

     

    AzureChinaCleantechNews27Aug2018 02 

     

     

    3-Gorges Guangdong 400MW offshore wind farm approved by Yangjiang DRC

    Theprojecthas a sea area of approximately 67km2, waterdepthof21 to26m and distance to shore of15.9km.The project will feature 73 5.5MWwind turbines with a projected annual production of 1.5TWh.

    AzureChinaCleantechNews27Aug2018 05

     

     

     

    SPIC secures project approval for 2 offshore wind farms in Guangdong province

    SPIC Jieyang Jinghai 150MW & Shenquan PhaseI 400MW offshore wind projectshave been approved by Jieyang DRC.The two projects will require a combined number of 101 5.5MW wind turbines. Both projectsplan to start construction by the end of 2018 and will be operating in 2021.(JYDRC)

    AzureChinaCleantechNews27Aug2018 06

     

    Mingyang is the only turbine supplier with a 5.5MW turbine on the market and is securing a large number of orders in Guangdong province where it is headquartered, especially this year as developers are rushing to secure approvals while the 0.85 CNY / kWh feed in tariff is still available.

     

     

    Mingyang and SPIC sign an MOU for cooperation on offshore wind

    Mingyang and SPIC signed an MOUregardingfixed as well as floatingoffshore wind.The strategic partnershipwill be focused on offshore wind power development, clean energy equipment supply, technical cooperation, international projects, information sharing, engineering construction and ancillary services.(BJX)

  • China Cleantech Update January 26, 2016

    News Summary: 

    • Azure to present keynote speech  at 2016 Winterwind International Wind Energy Conference 
    • NEA publishes total energy consumption for 2015
    • Three Gorges power station generates 900TWh from 2003 to present
    • Gamesa receives 98MW order
    • Hanergy adds thin-film solar to demonstration buildings in Jiangsu Province
    • Ministry of Finance introduces new restructuring fee for power grid companies

     
     
     
    Azure: Azure International to Deliver Keynote Presentation at Winterwind 2016
    Sebastian Meyer, Director of Research & Advisory at Azure will deliver a keynote presentation at Winterwind International Wind Energy Conference held in Aare, Sweden, on 9 February 2016. The presentation, entitled North Asia Driving the Cold Climate Wind Industry, will look at challenges and anecdotes from what has emerged as the world's largest concentration of wind turbines in northern latitudes. For more information, please visit the conference website.
     

  • China Cleantech Update July 09, 2018

    News Summary: 

    • Sinovel Wind Power spends $57.5 million on reconciliation with AMSC WINDTEC
    • Asia's largest offshore wind farm starts operating
    • Gansu publishes its 13th 5 year energy development plan
    • SIDRI & INNOSEAsign offshore wind power engineering cooperation MOU
    • Datang Nanao Lemen 400MW offshore windfarm has been approved

     
     
    Sinovel Wind Power spends $57.5 million on reconciliation with AMSC WINDTEC
    Since 2011, AMSC WINDTEC has filed several law suits against Sinovel and its affiliates due to intellectual property issues which arised in their patnership to deploy power electronics for Sinovel wind turbines in China. After 7 years of struggle, it seems that the dispute may have finally come to end, with Sinovel paying $57.5 million to AMSC Windtec's Chinese subsidiary in Suzhou (SinaNews)
     
    Sinovel and AMSC started cooperating on wind turbine power electronics in 2005; a few years before Sinovel became the leading Chinese wind turbine OEM. The dispute starting in 2011 significantly affected Sinovel's image worldwide and is suspected to be the key reason for the group's decline in the following years. It is yet unknown what this final settlement may mean for both companies, as Sinovel's turbine sales have almost come to a halt last year, and AMSC's initial claim was initially counted in billion dollars.

     


     
     
    Asia's largest offshore wind farm stars operating
    The 100th Shanghai Electric 4MW wind turbine of the SPIC Binhai North H2# 400MW offshore wind power project has been connected to the grid, which indicates that the offshore wind power project has successfully completed full-capacity connection operation and has officially become the largest offshore wind farm in Asia.(JSTV)

     


     
    This is the same wind farm which had a severe accident at its offshore substation exactly 1 year ago which resulted in one casualty and partial loss of the OSS. It seems however that the accident did not cause significant delays in project constrution as the wind farm was completed according to schedule.
     
     
    Gansuprovincepublishes its 13th 5 yearenergy development plan
    The province targets installed capacity of 14GW of wind, 9.9GW of PV and 9.5GW of Hydro power by 2020. At the same time, Gansu engages to reduce wind & PV curtailment as well as increase utilization hours. (Gansu GOV)

     
    Most provinces have issued their 13th 5 year plan more than a year ago. Gansu was likely slowed down in this process due to challenges with integration of renewables, as average wind curtailment reached 33% in 2017 (NEA)
     

    SIDRI & INNOSEA signMOU for cooperation on offshore windengineering
    SIDRI (Shanghai Investigation Design & Research Institute), the engineering branch of China Three Gorges Group, and INNOSEA, a subsidiary of London Offshore Consultants delivering offshore wind engineering and design services, signed a MOU for cooperation on offshore wind power. SIDRI earlier purchased Innosea's offshore wind power foundation design and optimization software PREDIN as well as related training services. During the visit, the two sides also had detailed discussion about cooperation on deep sea jacket foundation design and floating wind power. (BJX)

     


    Azure International and Innosea have setup a partnership for delivering offshore wind design and engineering services in China, and the cooperation with SIDRI marks one of the first key milestones the consortium has achieved.  China's effort to become a global leader in offshore wind energy creates opportunities for western companies with relevant experience and references to participate. With more than 15 years experience in the Chinese wind sector, Azure is well poised to facilitate and support such partnerships.
     
     
    Datang Nanao Lemen 400MW offshore wind farm has been approved
    Datang Nanao Lemen 400MW offshore wind project in Guangdong has been approved, with a sea area of 56 square kilometers, a total installed capacity of 400MW, and featuring 57 wind turbines of 7 MW each. The wind farm is expected to provide 1.2 TWh of clean energy per year. (Datang Group)

  • China Cleantech Update July 17, 2018

    azure1News Summary: 

    • 3-Gorges group publishes its 2017 sustainability report
    • CATL Battery will investEuro240 millionto set up a battery production base in Germany andsecures a $4.7 billioncontract from BMW
    • MIIT publishesnew list of encouraged construction material technology and products
    • China leading wind gearbox manufacturer NGC to be acquired by Neoglory Prosperity Inc

     
     
    3-Gorges group publishes its 2017 sustainability report
    The report describes how 3-Gorges plans to create a large-scale development platform for new energy such as offshore wind power. The Group's target is to develop wind and solar energy as its second main busines after hydro, mainly focusing on large-scale development of offshore wind power.

      
    Three Gorges' Fujian Fuqing Xinghua Bay Phase I demonstration project is now in operation, featuring 14 wind turbines from 7 different manufacturers with unit capacity between 5 MW to 6.7 MW and a total installed capacity of 78.4 MW. The demonstration project has had positive press last week as the offshore turbines just withstood Maria typhoon without any damage.
     

    CATL Battery will invest Euro240 millionto set up a battery production base in Germany andsecures $4.7 billion contract from BMW
    Under the joint witness of the Chinese and German prime ministers, China CATL and the German state government of Thuringia signed an investment agreement in Berlin. According to the agreement, CATL will set up a battery production base and intelligent manufacturing technology research and development center in Erfurt, Thuringia. (Sohu)

     
    In 2017, CATL shipped 11.84 GWh of lithium-ion batteries, ranking first in the global market with a 17% market share.
     
     
    MIIT publishes new list of encouraged construction material technology and products
    The list published by the Ministry of Industry and Information Technology promotes the transformation and upgrade of the construction material industry,  as well as costs reduction, increase in efficiency and acceleration of the supply-side structural reform. The list also addresses the problem of overcapacity in the cement and glass industries. (MIIT)

     
    The listhas atotalof 48 items. An interesting one is the addition ofelectrochromic andthermochromicsmart windows as well as othershading systems, including specific performance requirements..
     
     
    China leading wind gearbox manufacturer NGC to be acquired by Neoglory Prosperity Inc
    Neoglory Prosperity Inc announced its intention to acquire NGC (Nanjing High Accurate Drive Equipment Manufacturing Group Co., Ltd) for a total asset value above 2 billion USD. Neoglory Prosperity released a major asset purchase plan which described the intention to have its Five Season subsidiary acquire between 834 and 1,208 million shares of NGC (00658, HK), representing 51% to 74% of the company, for a price ranging between RMB 9.99 and RMB 11.25 per share.(SinaFinance)
     
    NGC isthe leading Chinese wind turbine gearbox manufacturer, supplying a large number of domestic and international wind turbine OEMs.Neoglory Prosperity Inc. (hereinafter referred to as "Neoglory Prosperity ", stock code: 002147.sz), listed on the Shenzhen stock exchangesince April 2016, is a commercialand tourism real estate developper as well as a precision machinery manufacturingcompany.

    azure

  • China Cleantech Update March 09, 2016

    News Summary:

    • Azure Winterwind 2016 presentations now publicly available
    • China Sunergy at risk of Nasdaq delisting
    • Goldwind has record year with 7GW wind sold
    • State Council reviews new urbanization construction policy
    • Renewable energy generation target set for 9% by 2020
    • China Three Gorges Corporation announces 30MW wind project in Myanmar

     

     
    Azure Conference: Sebastian Meyer Delivers Keynote Speech at Winterwind 2016
    Sebastian Meyer, Azure’s Director of Research, delivered both a keynote and a panel speech at the Winterwind International Wind Energy Conference in Sweden on February 12th this year. Sebastian’s presentations are available for download here.
     
     
     
    Finance: China Sunergy Fails to Meet Nasdaq Continued Listing Standards
    China Sunergy (CSUN) announced its receipt of Nasdaq’s notice of failure to meet the Nasdaq continued listing standards. China Sunergy bid price has fallen below $1. If the price does not exceed $1 for 10 consecutive days in the next 180 days, it will be delisted permanently. (PR Newswire EN)
     
    China Sunergy stock is down 65% since March 2015, and has had a series of bad press, such as posting its 2014 Q2 results a yearlate
     

     

    China Sunergy HQ In Nanjing, Source: PV Magazine