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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Azure International

Tel: +86 10 8447 7053

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E-mail: info@azure-international.com

News Summary:

  • NEA Publishes January to September 2016 On-Grid Wind Data
  • Total Electricity Consumption Statistics Published for October
  • Gamesa to Build 90 MW Offshore Wind Farm in Tianjin

 
 
 
Wind: First Three Quarters On-Grid Wind Data Published by the NEA 
The NEA published wind operations data from January to the end of September 2016. Ten GW of wind power came online during this period and wind power sent to the grid reached 169.3 TWh. The average utilization hours was 1,251, representing a decrease of 66 hours, or 5% from the same period in 2015. Wind curtailment was 39.5 TWh for an average curtailment rate of 19%. (NEA CN)
 

 

(Source: Azure)
 
In line with Azure's previous coverage of renewable curtailment in China, wind curtailment covered in this period is heaviest in Xinjiang (41%), Gansu (46%), IMAR (23%) and Jilin (34%). These provinces have historically been suffering from the highest curtailment rates in China, as local power consumption is relatively low while installed wind capacity is high. Xinjiang and Gansu have taken numerous measures to alleviate this issue, with Xinjiang investing 180 million RMB in wind-to-heat projects, while Gansu recently completed a ±800kV UHV DC transmission line that should help send renewable power reach demand centers in Hunan province 
 

 
 
Generation: NEA Publishes National Electricity Consumption Figures for October
According to recently released electricity consumption figures from the NEA, total electricity consumption for October, 2016 was 489 TWh, an increase of 7%. From January to November overall consumption was 4,878 TWh, while installed capacity figures reached 1,031 GW for thermal power;  285 GW of hydro power; 141 GW of wind; and 34 GW of nuclear.
 
(October Power Consumption Distribution)


 

 

(Source: Azure)

Non-hydropower renewable installed capacity achieved a 40% year-on-year growth in the last five years, while installed thermal capacity averaged 7% growth over the same period. In the next five year plan,  wind  capacity is set to increase 50% to 210, while solar will triple to 110 GW, respectively.
 
 

Wind: Gamesa to Build 90 MW Offshore Wind Farm in Tianjin
Gamesa recently announced the signing of a deal to supply, install and commission a 90 MW offshore wind farm. Gamesa will supply the wind farm with a total of 18 turbines at 5 MW each, the company's largest model to date. The wind farm will be constructed in Sinohydro Renewable Energy’s Nangang wind complex in Tianjin. 
 
Gamesa's new wind farm comes at a time when China is making great efforts to develop its offshore wind resources. China's recently released Energy Development Plan calls for 5 GW of offshore wind power to be installed by 2020.  Furthermore, this order represents Gamesa's first delivery of their largest wind turbine to China, highlighting the technical challenges present in reaching China's 2020 installation target. 


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