Welcome to Azure International

Azure International is a leading investment and advisory company focused on China's cleantech energy sector. Founded in 2003, we have a team of 20+ local and international professionals based in China with backgrounds in engineering, marketing, manufacturing, consulting, policy, government relations and finance. In addition to deep advisory capabilities in renewable energy, energy efficiency, carbon management, and energy finance, we have proven capability to invest in and accelerate the development of clean energy companies.  Our portfolio and partner companies have achieved both significant commercial success and returns to investors. Azure provides the necessary expertise and execution capabilities in China to lead relationship development with government and strategic partners, project execution, sourcing, sales and technology development – all with deep understanding of Chinese and international requirements.

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News Summary:

  • Guangdong DRC releases 2019 project construction plan
  • EDF enters China offshore wind market
  • More than 1,400MW of solar projects documented in Anhui but not included in national development plan
  • Huaneng Guanyun 300MW and Dafeng 100MW offshore WTG bidding result released
  • SPIC and Siemens sign Strategic Partnership Framework Agreement

 

 

Guangdong DRC releases 2019 construction project plan

In 2019, Guangdong Province will arrange 1,170 key projects, with a total investment of 5.93 trillion CNY to be divided annually at 650 billion CNY. There will be 628 preparatory projects for preliminary construction, with an estimated total investment of 3.18 trillion CNY. The plan includes more than 9,000MW of offshore wind projects. (Guangdong DRC)

AzureChinaCleantechNews01Apr2019 01

 

 

EDF enters China offshore wind market

EDF has signed a cooperation agreement with China Energy Investment Group to participate in the investment of Dongtai IV and V offshore wind power projects in Jiangsu Province. Dongtai IV has already begun construction, and Dongtai V will begin in 2019. Once the contract is in effect, the two parties will jointly build and operate the two projects. The projects will have an installed capacity of 500MW and will be put into operation batch by batch by 2021. (EDF CHINA)

AzureChinaCleantechNews01Apr2019 02

 

 

This project, which is the first foreign investment in a Chinese offshore wind farm, may be marking the beginning of a new trend, as China is opening up to foreign investment in a number of sectors. Azure is thankful to EDF for giving us the opportunity to support the due diligence on this ground breaking project.

 

 

More than 1,400MW of solar projects documented in Anhui but not included in national development plan

Following National Development and Reform Commission (NDRC) requirements, Anhui DRC released a list of more than 1,400MW of solar projects that were documented in the local province but not included in the national development plan:

  1. Projects that have been filed but were not included in the national development plan and have not been constructed: 1,231MW (906MW of which have been filed for over two years)
  2. Projects that are under construction: 224MW

(Anhui DRC)

 

 

Huaneng Guanyun 300MW and Dafeng 100MW offshore WTG bidding result released

The Huaneng Guanyun 300MW and Dafeng 100MW offshore WTG bidding result has been released, with Goldwind taking the winning bid. (Huaneng)

AzureChinaCleantechNews01Apr2019 03

AzureChinaCleantechNews01Apr2019 04

 

 

SPIC and Siemens sign Strategic Partnership Framework Agreement

State Power Investment Corporation (SPIC) and Siemens have signed a Strategic Partnership Framework Agreement allowing the two sides to take advantage of their respective industries and resources, and cooperate in the fields of heavy-duty gas turbines, digitalization of power plants, hydrogen energy utilization, distributed energy, smart micro-grid, industrial upgrade and international gas turbine projects, in addition to frequent exchanges between senior management personnel. (SPIC)

AzureChinaCleantechNews01Apr2019 05

News Summary:

  • Newly installed solar capacity totals 44.26GW in 2018, a 34% YOY increase
  • NEA releases national power industry statistics for January and February
  • SPIC 6GW subsidy free onshore wind project WTG bidding results released
  • New rules place time pressure on wind and solar projects to obtain power generation licenses
  • Zhejiang completes first offshore wind project

 

 

Newly installed solar capacity totals 44.26GW in 2018, a 34% YOY increase

By the end of 2018, China’s solar installed capacity totaled over 174.46GW. With 44.26GW of newly installed capacity, the country saw a 34% year-on-year (YOY) increase. For centralized solar, total installed capacity reached 123.84GW, of which 23.3GW were newly installed. For distributed solar, total installed capacity reached 50.61GW, of which 20.96GW were newly installed. (NEA)

AzureChinaCleantechNews25Mar2019 01

AzureChinaCleantechNews25Mar2019 02

 

 

NEA releases national power industry statistics for January and February

From January to February 2019, national power consumption reached 1,106.3TWh, a two-month cumulative increase of 4.5%. Among the total amount, 11TWh of electricity was consumed by the agricultural sector, 705.9TWh by industrial, 199.4TWh by service and 189.9TWh by residential. As for newly installed power generation capacity, hydro totaled 270MW, thermal 5,480MW, nuclear 1,250MW and wind 1,410MW. (NEA)

AzureChinaCleantechNews25Mar2019 03

AzureChinaCleantechNews25Mar2019 04

 

 

SPIC 6GW subsidy free onshore wind project WTG bidding results released

The bidding process for the first phase of the 6GW demonstration project of Wulanchabu Wind Power Base in Inner Mongolia, the largest single onshore wind farm in the world, and also the first subsidy free onshore wind farm in China, was closed on March 15. A total of 14 wind turbine manufacturers successfully completed the bidding, including 11 domestic and 3 foreign companies.

The 5 tenders are for subprojects:
a) No.1 of Xingfu wind farm and No.4 of Dabanliang (1,400MW)
b) No.2 of Xingfu wind farm and No.2 of Dabanliang (1,300MW)
c) No.1 and No.3 of Dabanliang (900MW)
d) No.1 and No.2 of Hongerge (1,300MW)
e) No.3 and No.4 of Hongerge (1,100MW)

(News QQ)

Note: Price includes quotation of operation, maintenance and quality insurance fees from the 6th to the 20th

AzureChinaCleantechNews25Mar2019 08

 

 

New rules place time pressure on wind and solar projects to obtain power generation licenses

The North China Energy Regulatory Bureau has released a notice of specifications for the new trial operation period of wind and solar power generation projects. The notice states that projects should complete the trial operation of all units within 60 days after the first generator is in place or after the first wholesale electric unit is connected to the grid, following the timeline specified in the document Circular No.351. The notice also states that power plants that do not obtain electricity business licenses on time and wind and solar power generation enterprises that fail to obtain certificates on time will not be allowed on-grid. (North China Energy Regulatory Bureau)

 

 

Zhejiang completes first offshore wind project

The Zhejiang Zhoushan Putuo 6# offshore wind farm was completed on March 19. With 63 units of 4.0MW offshore wind turbines, the project has a total installed capacity of 252MW. Built by CCCC Third Company, it is the first large-scale offshore wind project in Zhejiang Province. The project was completed in 27 months, beginning with piling of the first foundation on December 18, 2016. (CNNB)

 AzureChinaCleantechNews25Mar2019 06

AzureChinaCleantechNews25Mar2019 07

 

News Summary:

  • NEA releases 2018 wind power market evaluation results
  • Jilin adjusts “13th Five-Year Plan” energy development targets
  • Guangdong DRC terminates more than 2GW of wind projects
  • Shouhang Resources Saving Company 100MW photothermal power station on-grid price set to 1.15CNY/kWh
  • Henan to eliminate 1.5GW of coal-fired power units in 2019

 

NEA releases 2018 wind power market evaluation results

The National Energy Administration (NEA) has released the results of the monitoring and evaluation of market conditions for wind power generation in 2018. The results serve as an important basis for promoting continual optimization of wind construction and operation, guiding rational investment and promoting orderly development of the overall wind industry. (NEA)

l  In the "red regions", wind development and construction has been halted (including already approved projects for which construction is suspended)

l  In the "orange regions", construction of new wind projects has been terminated (No new construction projects have been reported for 2019)

l  In the "green regions" construction is being carried out normally

While the map below shows color codes on a provincial basis, some cities are treated differently, including Zhangjiakou, Chengde, Xinzhou, Suzhou, Datong and Yulin in Hebei, Shanxi and Shaanxi which are all considered as orange zones despite being in green provinces.

AzureChinaCleantechNews18Mar2019 01

 

 

Jilin adjusts its “13th Five-Year Plan” energy development targets

According to the new “13th Five-Year Plan”, Jilin’s total installed capacity is set to reach 41.9GW in 2020, an increased of 3.41GW from the previous draft of the “13th Five-Year Plan”.

 AzureChinaCleantechNews18Mar2019 02

Map of 2018 wind curtailment conditions

 AzureChinaCleantechNews18Mar2019 03

 

 

Guangdong DRC terminates more than 2GW of wind projects

Following National Development and Reform Commission (NDRC) requirements, Guangdong DRC released the list of wind projects that are being terminated totaling 2,008MW, of which two are offshore:

  1. Projects that have been approved but have not been built within the project construction period: 187MW
  2. Projects that have been incorporated into the annual construction plan during the “12th Five-Year Plan” period, but failed to be completed as required: 1,434MW
  3. Projects that have been incorporated into the annual construction plan during the “13th Five-Year Plan” period, but failed to be completed as required: 388MW

(Guangdong DRC)

AzureChinaCleantechNews18Mar2019 04

 


Shouhang Resources Saving Company 100MW photo-thermal power station on-grid price set to 1.15CNY/kWh

Shouhang Resources Saving Company and State Grid Gansu Provincial Electric Power Company have signed a contract for the purchase and sale of a 100MW photo-thermal power station. Approved by the government price department and in accordance with its regulations, the on-grid price of the CSP (concentrated solar power) project is tentatively set to 1.15CNY/kWh. (Sina finance)

AzureChinaCleantechNews18Mar2019 05

 

 

Henan to eliminate 1.5GW of coal-fired power units in 2019

The Implementation Plan of Atmospheric Pollution Prevention and Control in Henan Province has been released to strengthen the control of total coal consumption. The plan aims to contain the total coal consumption in the province at around 210 million tons in 2019, down about 5% year-on-year (YOY). It also aims to eliminate 1.5GW of coal-fired power units in Henan in 2019, and accelerate the development of wind power by promoting the construction of four 1000MW wind power bases. (Henan commerce)

Henan 70m-height 30-year average wind speed distribution map

AzureChinaCleantechNews18Mar2019 06

News Summary: 

 

  • Tianjin DRC releases 2019 onshore wind tariff competition results
  • Electricity price for commercial consumption to be reduced 10% in 2019
  • Jiangsu DRC terminates more than 1.5GW of wind projects
  • More than 8GW of wind projects approved but not yet built in IMAR
  • SPIC and CSIC sign strategic cooperation agreement
  • Construction on Nanjing 130MW/268MWh Battery Storage Power Plant begins

 

 

Tianjin DRC releases 2019 onshore wind tariff competition results

14 onshore wind projects participated in the competitive bid representing a total capacity of 905MW. Developers have committed to on-grid tariffs ranging from 0.44 CNY/KWh to 0.55 CNY/KWh. (Tianjin DRC)

AzureChinaCleantechNews11Mar2019 07

 AzureChinaCleantechNews11Mar2019 08

 

This is the second announcement of well-awaited competitive price bidding results in China, following Ningxia's results in December 2018 (see Azure News). Based on its relatively low wind resource, Tianjin is classified as a type IV zone, which up until last year meant an onshore wind FIT of 0.57 CNY/KWh. The results of the competition show developers have committed for on-grid tariffs which are 3% to 22% lower compared to the previous FIT level. The lower end now brings us closer to grid parity, as coal power plants in Tianjin sell electricity for 0.36 CNY/kWh. What remains unclear is the consequence of this bidding: results will determine the rank of each project on the Tianjin construction plan but we yet have to find out how many projects can get on the plan in total, and what happens if a project fails to get on the list several years in a row. Given that Tianjin is a "green zone" with no curtailment, the local DRC can decide of the construction plan without approval from central government.

 

Electricity price for commercial consumption to be reduced 10% in 2019

The Government Work Report of the second meeting of the 13th National People’s Congress revealed the 2019 goals of reinforcing power marketization reform, refining add-on pricing for electricity and reducing the cost of electricity consumption in manufacturing. It was also revealed that the average electricity price for commercial consumption would be reduced by 10% in 2019. (GOV)

AzureChinaCleantechNews11Mar2019 01

 

According to a State Grid report, the electricity price burden of the commercial sector was reduced by 79.2 billion CNY last year, a decrease of 12.4%, therefore achieving the target of reducing average industrial and commercial electricity price by 10% in 2018.

 

 

Jiangsu DRC terminates more than 1.5GW of wind projects

Following National Development and Reform Commission (NDRC) requirements, Jiangsu DRC released the list of wind projects that are being terminated totaling 1,564.5MW, of which two are offshore:

  1. Projects that have been approved but have not been built within the project construction period: 144MW
  2. Projects that have been incorporated into the annual construction plan during the “12th Five-Year Plan” period, but failed to be completed as required: 245.5MW
  3. Projects that have been incorporated into the annual construction plan during the “13th Five-Year Plan” period, but failed to be completed as required: 1,175MW
    (
    Jiangsu DRC)

AzureChinaCleantechNews11Mar2019 02

In this document, it was also mentioned that in Jiangsu there are 1,846MW of wind projects that have been approved but have not yet started construction.

The two aforementioned terminated offshore wind projects are:

  1. Datang Dafeng 100MW - incorporated into the annual construction plan during the "12th Five-Year Plan" period, but failed to be completed as required
  2. Sinohydro Rudong C1# 76MW - incorporated into the annual construction plan during the "13th Five-Year Plan" period, but failed to be completed as required

 

 

More than 8GW of wind projects approved but not yet built in IMAR

In Inner Mongolia Autonomous Region (IMAR), more than 8GW of wind projects have been approved but have not yet started construction, while another 1,718.5MW have been terminated by IMAR DRC.

  1. Projects that have been approved but have not been built within the project construction period: 1,518.5MW
  2. Projects that have been incorporated into the annual construction plan during the “13th Five-Year Plan” period, but failed to be completed as required: 200MW

AzureChinaCleantechNews11Mar2019 03

 

 

SPIC and CSIC sign strategic cooperation agreement

State Power Investment Corporation (SPIC) and China Shipbuilding Industry Corporation (CSIC) have signed a strategic cooperation agreement under which the two parties will carry out extensive cooperation in the fields of nuclear energy, wind power, solar and hydro energy. (SPIC)

AzureChinaCleantechNews11Mar2019 04

 

 

Construction on Nanjing 130MW/268MWh Battery Storage Power Plant begins

The Nanjing Battery Storage Power Plant, which began construction in Jiangbei New District on March 6, will be the largest grid energy storage station in China.(Jiangsu China)

AzureChinaCleantechNews11Mar2019 05

News Summary:

  • Shandong “12thFive-Year Plan” wind projects status
  • Hebei abolishes 12 wind projects totaling 631MW
  • SPIC and CGDC sign strategic cooperation agreement
  • State Grid publishes 2018 Social Responsibility Report
  • NDRC approves four coal-mining projects

 

 

Shandong “12thFive-Year Plan” wind projects status

Following National Energy Administration (NEA) requirements, the Shandong Energy Bureau reviewed the status of wind power projects since the “12th Five-Year Plan” in various cities:

  1. Projects that have been approved but have not been built withinthe project construction period: 1,7783MW
  2. Projects that have been incorporated into the annual construction plan during the “12th Five-Year Plan” period, but failed to be completed as required: 1,3349MW
  3. Projects that have been incorporated into the annual construction plan during the “13th Five-Year Plan” period, but failed to be completed as required: 260MW
  4. Projects that have been approved but have not yet started construction, wherein the project owner promises to continue construction: 6,280MW
    (
    Shandong energy bureau)

Shandong overdue projects distribution(MW)

Hebei abolishes 12 wind projects totaling 631MW

Hebei has published the status of wind power projects in the province since the “12thFive-Year Plan” as follows:

  1. Projects that have been approved but have failed to begin construction within the allotted two-year period and did not apply for extension: 286MW
  2. Projects that have been included in the “12thFive-Year Construction Plan” but have not been processed or approved: 195MW
  3. Projects that have been included in the “13thFive-Year Construction Plan” but have not been processed or approved: 150MW
  4. Projects that have been approved but have not begun construction: 4,305MW
    (HBDRC)

 

SPIC and CGDC sign strategic cooperation agreement

State Power Investment Corporation (SPIC) andChina Energy(CHN ENERGY) have signed an agreement to deepen strategic cooperation in key areas such as technological innovation, renewable energy, nuclear energy utilization, traditional energy, overseas projects and regional asset optimization. (SPIC)

In 2018, SPIC accounted for 48.92% of all clean energy installation, ranking first among the four major power generation groups. In particular, SPIC’s solar installed capacity reached 15.37GW, remaining the global industry leader.

 

 

State Grid publishes 2018 Social Responsibility Report

According to the State Grid 2018 Social Responsibility Report, clean energy inter-provincial transaction volume reached 437.3 TWh, up 7% year-on-year (YOY), accounting for 45.2% of inter-provincial power trading. (SGCC)

 

 

NDRC approves four coal-mining projects

The National Development and Reform Commission (NDRC) has approved four coal-mining projects in a move to ensure a stable supply of energy, optimize the structure of the coal industry and promote the integration of coal, electricity and heat. The total construction scale of these four projects is 26 million t/a. (NDRC)

News Summary:

  • NEA releases 2018 solar power market evaluation results
  • Henan Province stock wind projects reach over 4GW
  • NEA pushes for more auxiliary services in China power market
  • NEA approves two 1,200MW hydro pump station sites in Guizhou
  • China’s total nuclear power generation reaches 286.5TWh in 2018

 

 

NEA releases 2018 solar power market evaluation results

The National Energy Administration (NEA) has released the results of the monitoring and evaluation of market conditions for photovoltaic (PV) power generation in 2018. The results serve as an important basis for promoting continual optimization of PV construction and operation, guiding rational investment and promoting orderly development of the overall PV industry. (NEA)

 AzureChinaCleantechNews25Feb2019 03

 

 

Henan Province stock wind projects reach over 4GW

Following NEA requirements, the Henan Development and Reform Commission (Henan DRC) has released a list of "stock" wind power projects, which are projects that have not been implemented within the approved period. Among them, 44 projects with a total of 2.3GW are centralized wind farms and 105 projects with a total of 1.85GW are distributed wind farms. (Henan DRC)

 AzureChinaCleantechNews25Feb2019 01

 

 

 

NEA pushes for more auxiliary services in China power market

Before the Spring Festival, the NEA held a press conference in Beijing where it expressed determination to improve auxiliary service compensation mechanisms in China’s power market. Promoting auxiliary services in the power market is seen as an important tool for the NEA’s efforts at deepening reform in the power system.The NEA and various agencies have collaborated on research on power market auxiliary services in 14 Chinese regions, establishing and continuously improving auxiliary service compensation mechanisms in the country. (NEA)

AzureChinaCleantechNews25Feb2019 02

 

 

NEA approves two 1,200MW hydro pump station sites in Guizhou

The NEA has approved Guiyang (Xiuwenshichang Dam, 1,200MW) and Weinan (Guidinghuangsi, 1,200MW) as the recommended sites for the pumped storage stations to be built on the Guizhou Power Grid by 2025. It is stressed that successful planning and construction of the stations will require standardization of preliminary work for the project and consideration of the safety of operation of the power grid. (NEA)

 

 

China’s total nuclear power generation reaches 286.5TWh in 2018

In 2018,China’s total nuclear power generation reached 286.5TWh, or 4.22% of the country’s total power generation, representing88 million of ton coal equivalent,  and 231 million tons of CO2 emission reduction  (CNEA)

AzureChinaCleantechNews25Feb2019 05

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