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

Wind – China breaks 100 GW wind capacity milestone:According the NEA’s February statistics release, China’s grid-connected wind capacity reached 100.04 GW by the end of February,making China the first country to reach the 100 GW milestone.(NEA CN)

Wind – Ming Yang’s 6.5 MW offshore turbine begins trial operation:On March 16, China Ming Yang Wind Power Group announced that its 6.5 MW super compact drive offshore turbine began commercial trial operation in

Read more: China Cleantech Update March 17, 2015

Azure News – Greentech Media covers Azure’s latest report on demand response in China:An article released by GTM on March 9 provides an excellent overview of the issues facing China’s DR market as well as recent pilot project developments. It is based on our recent report –free download here- as well as interviews with members of Azure’s research team. (GTM EN)

Electricity - Official statistics show a strong rebound in electricity consumption in February:According to National Energy Administration statistics, electricity consumption rebounded strongly in February, increasing 13.7% compared to the same period last year. Electricity consumption by heavy industries led this rebound, which is somewhat surprising given China’s Spring Festival holiday from February 18-24.A strong recovery in electricity growth is a good sign for the industry. Considering that electricity consumption actually declined 2.4% in January and that slower than expected consumption growth in 2014 (3.8% actual vs. 6.5-7.5% forecasted)

Read more: China Cleantech Update March 11, 2015

Electric Vehicle - New MIIT EV data shows abysmal January sales: Since September 2014, the Ministry of Industry and Information Technology has been tracking electric vehicle production and sales. It’s most recent release shows a significant drop in January vehicle sales and growing inventories at EV manufacturers. In January, China the MIIT tracked 3,336 EV sales compared to 39.421 sales during the last three months of 2014 (averaging 13,140 vehicles per month). January’s sales numbers are down 75% from the monthly average, led lower sales in Shanghai, Jiangsu and Beijing. January’s production versus sales data reveals a similar problem. China manufactured 5,664 vehicles but only sold 3,336 vehicles. The industry has quickly reversed from undersupply to oversupply. Industry players will need to pay close attention to ongoing developments to understand if this is a short term blip or a sign that China’s electric vehicle market is not yet primed for growth. (MIIT CN)
 
Electric Vehicle – Beijing doubles electric vehicle license quota, sales still slow: The Beijing government officially doubled its quota for electric vehicle license plates in 2015 to 20,000 vehicles.  Consumers purchasing electric vehicles will not be part of the traditional vehicle application process, in which license plates are awarded through a publicly held lottery. For traditional vehicles, the pool of applicants well

Read more: China Cleantech Update March 3, 2015

Wind – National Energy Administration releases official 2014 wind power utilization and curtailment data: According the NEA’s February 12 release, China added 19.81 GW of new wind capacity and produced 153.4 TWh of wind electricity in 2014. Countrywide curtailment dropped by 4% to 8% in 2014.The big storyline for 2014 is that is was a “weak wind” year, with average utilization hours dropping by 181 hours to 1893, 8.7% lower than 2013. Despite claims that lower curtailment was primarily due to the “weak wind”, production increased by 14% and curtailment decreased by 4%, signaling that China’s curtailment situation really is improving.(NEA CN)

 

Solar – NEA releases notice on 2014 PV installations:According to the NEA’s February 15 policy release, China officially added 10.6 GW in new capacity in 2014, bring cumulative installations to 28.05 GW including 4.67 GW in distributed generation.  Electricity production from PV jumped 200% in 2014 to 

Read more: China Cleantech Update February 17, 2015

Wind – Vestas announces 48 MW order for Fujian Funeng New Energy: Building upon a wave of foreign turbine sales, Vestas announced that it will supply 24 V90-2.0 MW wind turbines for the Shitang wind farm based in Fujian Province. The developer, Fujian Funeng New Energy has purchased 172 MW in turbines for five wind farms since 2009. This is Vestas’s second major order announcement this month. As speculated last week, 2015 could be a breakout year for foreign turbine manufacturers, especially for projects in low wind speed regions. (SeenNews EN)
 
Wind – Russia and China discussing 50 GW in Russian wind projects: On February 6, Russia’s energy minister Alexander Novak announced that Russia is working with China to assess around 50,000 MW in wind projects in eastern Russia. Economic feasibilities analyses and investment targets are set to be released by

Read more: China Cleantech Update February 10, 2015

Solar – NEA releases new suggested quotas for 2015 solar development: On January 26, the NEA released suggestions for 2015 solar development, which called for 15 GW in new capacity. Similar to last year, the release sets provincial quotas for central and distributed PV installations. However, these are more than just targets. They define the maximum amount of projects that can be approved to receive national subsidies in 2015, so they also set an upper limit. This year, Beijing, Tianjin, Shanghai, Chongqing and Tibet notably did not receive this restriction, paving the way for unrestricted growth in these regions. This is the second year the NEA has sought to control PV development through a quota system. It plays a very important role in shaping regional solar development. For example, Gansu received less quota this year due to solar curtailment issues in 2014. (NEA CN)
 
Wind – China Wind Energy Association statistics show 45% jump in newly installed capacity in 2014: According to CWEA’s yearly release on January 31, new wind turbine installations totaled 23.35 GW in 2014, up

Read more: China Cleantech Update February 03, 2015

SUBSCRIBE TO CLEANTECH NEWS

* indicates required

Email Format

 

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