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 – First wind-powered desalination plant online: Goldwind supplied a 2.5 MW turbine to a new desalination plant powered by a wind micro-grid. The 5,000 ton per day desalination plant in Jiangsu province is run by New Energy Desalinated Sea Water Development Company. (Windpower Monthly, in English)

Wind – Ming Yang reported stronger 1Q results, higher backlog: Ming Yang reported revenue of RMB 1.2 billion, up 52% from 1Q 2013, and shipments of 386 MW, up 57%. Gross margins increased to 15.2% and fully diluted earnings per share came in at RMB 1.51, versus RMB 0.19 in 1Q 2013. Backlog reached an all-time high of 3.3 GW. (PR Newswire, in English) Ming Yang’s New York-listed shares reacted positively to the news, trading around US$ 3.10 as of March 23, compared to around US$ 2.60 prior to the earnings season, but still far below the stock’s March highs above US$ 4.20.

Wind – Construction starts at 40 MW Haiyan project: The project is expected to cost RMB 400 million and is being pursued by Datang and China Electric Engineering Consulting Group. (Windpower Intelligence, in English)

Wind – China Guangdong Nuclear announces 100 MW wind plant in Guangdong: CGNP has one plant in operation in Guangdong, and expects the new 100 MW project to cost RMB 1 billion. (Windpower Intelligence, in English)

Solar – India announces anti-dumping duties: India finalized anti-dumping duties on solar modules, hitting Chinese manufacturers with duties of US$ 0.81/W. Panels from the U.S., Malaysia and Taiwan also face duties. (PV-Tech, in English)

Solar – Solar conference participants expect China to adjust 2014 PV targets mid-year: Due to the difficulties meeting solar targets and the fact that solar developers continue to focus almost exclusively on ground-mounted projects, PV-Tech reports that participants in the SNEC solar conference in Shanghai expect the government to adjust its 14 GW solar target to lower emphasis on distributed solar. (PV-Tech, in English)

Solar – Shunfeng to change name to Sunfu: Shunfeng Photovoltaic has dropped plans to change its name to Shunfeng International and will instead go under the name Sunfu, the company said. (PV-Tech, in English)

Power sector – Russia-China gas deal may only incrementally benefit power sector: China and Russia signed a US$ 400 billion, 30-year gas supply deal that would result in pipeline construction to increase China’s gas supply. The deal, stalled for over a decade, would involve a US$ 25 billion pre-payment from PetroChina, and completion of pipelines by 2018 to supply 38 billion cubic meters of gas to China’s Northeast. The Northeast is home to several large industrial cities as well as wind farms that are curtailed for much of the year due to insufficient transmission capacity and heavy reliance on inflexible coal generation. If completed on schedule, the pipeline would supply 9.5% of China’s domestic gas demand (of 400 bcm) in 2020. Due to supply shortages and high prices, China has historically given priority to residential and industrial gas demand as opposed to power generation. There are several areas of uncertainty about the timing of the project, given lack of details, the high cost of infrastructure, and the difficulties developing new Siberian gas fields with difficult geology. (South China Morning Post, in English) Gas from the pipeline is expected to be 40% below the cost of imported LNG. (WSJ, in English)

Power market – NDRC releases statement on improving power regulation: The National Development and Reform Commission released a document calling for increased market reforms in the power sector. The document calls for increased power trading between provinces, better public information about the power sector, increased attention to distributed power production and emissions reductions, and new minimum operating hours for thermal power plants. (Sina, in Chinese)


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