For further enquiries or if you are interested to
learn more about how we can collaborate, please
contact us directly at:
Tel: +86 10 8447 7053
Fax: +86 10 8447 7058
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 year late.
China Sunergy HQ In Nanjing, Source: PV Magazine
Wind: Goldwind Global has Record Year in 2015
Goldwind Global had a record year in its 18-year history, selling 7GW of wind power capacity. Operating profits increased by 49% to 3 billion RMB. 2015 was the best year on record for wind power in China, and several wind power companies achieved unprecedented sales volume. (Goldwind EN)
Policy: State Council Releases Opinions on New Urbanization Construction
The State Council released a new set of opinions on plans for further urbanization and construction. Noteworthy in the cleantech arena, buildings that are deemed large and buildings built with government funds are required to pass green building certifications. Moreover, new green building materials and construction techniques should also be promoted. (People CN)
We are seeing a rising trend in policy supporting promotion and construction of green building materials. Azure is increasingly active and successful in development and execution of market entry strategies for green building technologies.
Policy: National Energy Board Sets 9% Non-hydro Renewable Energy Consumption Goal for 2020
The National Energy Board set a goal of 9% renewable energy consumption by 2020, excluding hydropower resources. All non-fossil fuels, including hydropower, in primary energy consumption will be 15%. These goals are in line with the 2014-2020 National Energy Development Strategy Action Plan and other major important laws and plans. (NEA CN)
While planning for 9% consumption on the surface is commendable, all provinces are not created equally and we’ll see some provinces, such as Xinjiang, account for a much larger share of renewable energy generation. A major bottleneck will be transmission and utilization of renewable energy generation resources, and there are no government figures on curtailment forecasts in 2020 and beyond.
Wind: China Three Gorges Co. Wins 30MW Wind Project in Myanmar
China Three Gorges Co. signed their first wind project development agreement in Myanmar. The annoucement was for a first Phase of 30MW, suggesting that there could be other phases in the future. (China Wind News CN)