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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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:

  • Henan and Hebei direct sales trading centers established
  • Chengdu, Chongqing City publish new energy development plan
  • Envision Energy acquires software company Bazefield
  • New 300MW Rudong offshore wind project set to be China’s largest

 
 
 
Policy: Henan & Hebei Establish Direct Sales Trading Centers
On May 4th, Henan & Hebei DRC, Energy Bureau, Electric Power Company, and State Grid jointly established their  new power trading center. The State Grid-owned center will enable direct electricity sales from power generation facilities to large consumers. (SGCC CN)
 
Direct trading, along with renewable energy curtailment, are the two themes of 2016. In the past few months ten provincial-level trading centers have been established, shown in the table below.  
 
Direct Trading Centers and Commissioning Date

Source: NDRC, Azure International
 
 


 
Policy: Chengdu and Chongqing City Publish new Power Balancing Plan
The Chongqing and Chengdu governments have a joint development plan in place to foster economic growth between the two cities. The focus is on increased urbanization and modernizing agriculture. Part of the plan includes a provision to balance the power generation and consumption mix of thermal and hydro resources. Furthermore, the plan includes a provision for wind, solar, and biomass power plant construction, as well as natural gas and shale exploration.  
 
The plan includes a piece on reducing air pollution, and will require all coal power plants to upgrade their air filtration systems by 2020. The cities should meet all compliance rules by 2030. (NDRC CN)
 
Currently, Sichuan Province has nearly 66GW of hydropower installed. Unfortunately hydropower has seen considerable curtailment in recent years. The plan represents an ideal, organized dispatch approach to managing existing power and new power plant construction, but the balancing and utilization objectives may be met faster and more reliably by introducing competitive and flexible power markets.
 
Chengdu, Chongqing City, and Surrounding Areas City Sizes

Source: Chengdu DRC New Economic Plan
 
 
 
Business: Envision Energy Acquires Energy Software Company BazeField
Envision Energy, one of the leading Chinese wind power manufactures, announced on May 3rd their acquisition of Norway-based BazeField technology. BazeField will continue to operate independently, and plans to use its acquisition to fund new energy management software development. Envision is the third largest Chinese wind power company, with 2.5GW sales of wind turbines in 2015. (Envision EN)
 
 
 
Wind: Jiangsu Province Rudong Wind Farm Construction Begins
The Huaneng Rudong offshore wind farm, near Rudong County in Jiangsu province, officially began construction last month. The farm will eventually have an installed capacity of 300MW, is comprised of 4MW turbines from Siemens and Envision and 5MW turbines from Haizhuang, and is projected to cost 5.3 billion RMB. This will be the largest offshore wind farm in China. (BJX CN)


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