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:

  • State Grid forecasts 3.5% bump in consumption
  • Shaanxi solar cell manufacturing increases 85%
  • China Longyuan Power announces 11.2 billion CNY in 2016H1
  • China Shenhua announces 0.8 billion CNY in 2016H1

 

Statistics: State Grid Forecasts 3.5% Rise in National Electricity Consumption
State Grid announced a forecast increase of 3.5% in energy consumption levels for 2016 compared to the previous year. The first half of 2016 saw 2,780 TWh of demand, an increase of 2.7% over 2015. State Grid believes total consumption for 2016 will be up to 5,770 TWh. New installed capacity for 2016H1 include:

  • 27.1 GW thermal of 54 GW planned
  • 5.7 GW wind of 34 GW planned
  • 17.6 GW solar of 27 GW planned
  • 4.4 GW hydro of 11 GW planned
  • 2.2 GW nuclear of 4.9 GW planned

The top contributors of new capacity growth are from the following regional grids:

  • 25% from Huabei
  • 23% from Xibei
  • 15% from Nanfang
  • 13% from Huadong
  • 10%, 8%, and 6% from Huazhong, Donbgei, and Xinan (SGCC CN)

Typical growth is not typical in China — there have been consecutive growth years in the 10%+ range, followed by either a single digit contraction or flat growth. 3.5% is an aggressive growth number for an established energy base, however, for China, this is still a healthy level and we'll need a few more years of data to see if 3.5% represents the new normal. 
 
 
Distribution of New Installed Capacity for 2016


Source: SGCC, Azure International
 
 

 

Source: SGCC, Azure International
 
 

 

Source: SGCC, Azure International
 
 


 
Solar: Shaanxi Solar Cell Manufacturing Increases 85% YoY
Shaanxi province experienced massive growth in manufacturing solar cells for PV solar. Total manufacturing by revenue was was 15 billion CNY and 9.3 GW, an increase in 112% and 85%, respectively.  (CPNN CN)
 
 
PV Solar Cell Manufacturing

 

Source: HC360
 
 
 
 Finance: China Longyuan Power Announces Earnings 2016H1
China Longyuan Power announced earnings of 11.2 billion CNY for 2016H1, a 6.2% increase from 2015H1 levels. Total power generation was 20.5 TWh, with wind power accounting for 15.4 TWh. Wind increased by 8.6% over 2015 levels. Wind power average utilization hours were 980 hours for 2016H1, up 63 hours from the year prior. (CLYPG CN)
 


 
 
Finance:  China Shenhua Announces 2016H1 Income of 787 Million CNY
China Shenhua announced its 2016H1 income to be 787 million CNY, a decrease of 12.5% from 2015H1 levels.  Shenhua, a coal player, saw an average selling price of coal at 271 CNY per ton and an average electricity generation sales price of 0.3 CNY / KWh. (CPNN CN)
 
The downturn in coal is impacting its Shenhua's bottom line, and we expect this trend to continue for the rest of 2016 and into 2017 for more coal power plants as markets tighten for coal.
 
 
China Shenhua Financial Summary

 

Source: China Shenhua


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