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.

Contact Info

For further enquiries or if you are interested to

learn more about how we can collaborate, please

contact us directly at:

Azure International

Tel: +86 10 8447 7053

Fax: +86 10 8447 7058

E-mail: info@azure-international.com

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

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 technologies including 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 of fund for each project will not exceed 30% of the amount of the first equipment sales contract. The first international equipment project will receive funding of 20-30% of the contract amount not exceeding 30 million CNY. (Sheitc)

 AzureChinaCleantechNews18Feb2019 03

 

 

Report shows Jiangxi 2018 wind power generation exceeds 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 has increased 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

 

News Summary:

  • NEA publishes 2018 grid-connected wind power report
  • CEC releases national power market analysis and forecast report for 2018-2019
  • NDRC calls for greater promotion and prioritization of renewable energy
  • Local GOV can now independently organize unsubsidized PV generation projects
  • “ZTT 7#” vessel completes Goldwind 6.45MW offshore WTG installation

 

 

NEA publishes 2018 grid-connected wind power report

By the end of 2018, China’s total installed grid-connected wind power capacity reached 184.26GW; with a total power generation of 366TWh, wind power made up 5.2% of the total. Wind curtailment rate was 7%, a 5% year-on-year (YOY) decrease. Among regions listed with the highest average wind power utilization hours, Yunnan came first at 2,654hrs, followed by Fujian (2,587hrs), Shanghai (2.489hrs) and Sichuan (2,333hrs). (NEA)

Map of wind curtailment conditions

 AzureChinaCleantechNews04Feb2019 01

 

In 2018, Xinjiang (curtailment rate: 23%, 10.7TWh), Gansu (curtailment rate: 19%, 5.4TWh) and IMAR (curtailment rate: 10%, 7.2TWh) had severe curtailment problems; the three provinces alone made up more than 84% of the country’s total curtailment.

 

 

CEC releases national power market analysis and forecast report for 2018-2019

In 2018, national power consumption totaled 6,840TWh, a YOY increase of 8.5%. Based on the country’s current economic situation, however, the outlook for power consumption growth is expected to fall steadily in the coming year, with an estimated growth rate increase of only 5.5%. (CEC)

AzureChinaCleantechNews04Feb2019 05

 

 

NDRC calls for greater promotion and prioritization of renewable energy

The National Development and Reform Commission (NDRC) has requested a review of the management of the priority power generation and preferential power purchase system. The system was established to support the acquisition of clean energy such as wind power and solar power generation, as well as to ensure that clean energy such as nuclear power and large-scale hydropower are fully and safely operated. With the aim of promoting clean energy consumption, green energy development and energy structure optimization in the power industry, the NDRC is now calling for another look at ways to improve the policy system. (NDRC)

AzureChinaCleantechNews04Feb2019 02

 

 

Local GOV can now independently organize unsubsidized PV generation projects

The National Energy Administration (NEA) has recently revealed the development plan for PV in 2019. Development will be divided into two major parts: PV power generation projects that do not require state subsidies and those that do. Projects that do not require state subsidies will be organized by local organizations on the premise of meeting management requirements such as planning, market environment monitoring and evaluation and implementing conditions such as grid connection. (NEA)

According to statistics, the average construction cost of wind farms and photovoltaic power plants built in 2017 was 20% and 45% lower than those built in 2012, respectively. (NEA)

 

 

“ZTT 7#” vessel completes Goldwind 6.45MW offshore WTG installation

After ZTT (Stock Code 600522.SH) successfully installed the first pile foundation at the 3-Gorges Jiangsu Dafeng 300MW Offshore Wind Power Project site using “MENCK-3500S,” the largest hydraulic pile hammer in China, it also reported that “ZTT 7#,” its offshore installation vessel, successfully installed the first Goldwind 6.45MW offshore wind turbine. (ZTT)

AzureChinaCleantechNews04Feb2019 03

News Summary:

  • 2018 newly installed grid connected wind power exceeds 20GW
  • Tianjin DRC publishes distributed wind plan (2018-2025)
  • 7 billion CNY pumped hydro station begins construction in Zhejiang
  • China’s farthest offshore wind turbine successfully installed
  • Qinghai’s clean energy supply exceeds 10TWh

 

 

2018 newly installed grid connected wind power exceeds 20GW

By the end of 2018, China’s total installed grid connected wind power capacity reached 184.26GW, a 12.4% year-on-year (YOY) increase. The nation’s total installed grid connected PV power reached 174.63GW, a 33.6% YOY increase. On the power consumption side, national power consumption totaled 6,844.9TWh, an 8.5% YOY increase. (NEA)

AzureChinaCleantechNews28Jan2019 01

AzureChinaCleantechNews28Jan2019 08

 

 

Tianjin DRC publishes distributed wind plan (2018-2025)

Tianjin’s 2018-2025 distributed wind plan, in combination with the overall city development plan and the current state of implementation of land, power grid and wind resources, reveals that the target for installed capacity of distributed wind power is set to reach 780MW by 2025. (TianjinDRC)

Tianjin 100m height wind speed distribution map

AzureChinaCleantechNews28Jan2019 03

AzureChinaCleantechNews28Jan2019 04

 

 

7 billion CNY Pumped hydro station begins construction in Zhejiang

The Zhejiang Qujiang pumped hydroelectric energy storage station has begun construction. With a design capacity of 1200MW, the PHES station represents a total investment of 7.3 billion CNY. The station has a planned construction period of 70 months and once completed will have twice the installed capacity of the two Xin'anjiang hydropower stations that are also scheduled to be completed in 2025. (JJSB)

AzureChinaCleantechNews28Jan2019 05

AzureChinaCleantechNews28Jan2019 06

 

 

China’s farthest offshore wind turbine successfully installed

The first large-diameter offshore monopile foundation for wind turbines has been successfully installed in the Jiangsu Dafeng Offshore Wind Power Project. This is the first offshore wind turbine to be located as far as 70km from shore. (BJX)

AzureChinaCleantechNews28Jan2019 07

 

 

Renewable energy export from Qinghai during 2018exceeds 10TWh

During 2018a total of 12,569 TWh of renewable energy was produced in Qinghai, of which 10.065TWh was exported to other provinces. At present, the installed capacity of Qinghai Province’s grid-connected renewable energy has reached 12.27GW, including 9GW of PV, 2.66GW of wind and 60MW ofsolar thermal power. During 2018, the government of Qinghai province has signed framework agreements with neighboring provinces, giving priority to absorption of new energy coming from Qinghai. (State grid paper)

SUBSCRIBE TO CLEANTECH NEWS

* indicates required

Email Format

 

{{#image}}
{{/image}}
{{text}} {{subtext}}