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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Tel: +86 10 8447 7053

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E-mail: info@azure-international.com

News Summary:

  • Jilin: 35.5% wind curtailment ratedrop in Q1
  • Henan: 5.5 GWwind power construction in 2018
  • Hebei: 4.3 GW of decentralized wind power projects
  • Yunnan: two-part electricity prices flexibility
  • Asia's largest offshore wind farm connects to the grid in Jiangsu
  • 400MW offshore wind farm project in Guangdong province


 
Jilin: 35.5% wind curtailment rate drop in Q1

In the first quarter of 2018, wind curtailment in Jilin Province has decreased by 35.5%. During the same period last year, the province had the worst curtailmentin the country with a rate of 44%.Thanks to new UHV DC projects that came in operation in February 2018, in less than 2 months, Jilin has been able to export a total of 1.78 TWh of clean energy. In 2018, the province plans to control wind curtailment rate within 15%, and within 12% in 2019 and 10% in 2020. During the first quarter of this year, Heilongjiang Province also registered strong improvements, with a curtailment reduction of 27.8% compared to Q1 the previous year. (CHINA WIND NEWS)
 
The provinces in the north of China are focusing on reducing wind curtailment. In 2016, NEA added Jilin on the red alert zone list, suspending construction of new wind farms. The province is increasing power exportations in order to increase power plants utilization hours. If it can achieve its objectives, Jilin should be able to get off the red ban list within a few years, which would be great news for the developpers that have projects in standby in the area .
 

Henan province announces 5.5 GW of wind power construction in 2018

On May 8, Henan province issued the "2018 Wind Power Construction Scale Notice." This year,the province plans to develop 5,5 GW of wind powers projects, with a 50 MW minimum power unit size. (BJX)
 

Source: Azure International
 
Henan is seeing increasing investment in wind power. Almost 30 different projects have been approved, with an installed capacity varying between 50 MW and 350 MW..

 
 
Hebei plans to develop 4.3 GW of decentralized wind power projects

Hebei issued a list of decentralized wind power projects for 2018-2020. The province will develop 4.3 GW of decentralized wind power, achieving a total value of 7 GW.  (IN-EN)
 
Hebei is strongly promoting development of decentralized wind power projects. As we described inour April 23news flash, NEA has introduced new rules andincentives to support deployment of distributed resources, which will connect to the local grid network (110kV or less) and therefore be consumed locally, and benefit from a priority status in collectingFIT subsidies.
 
 
Yunnan wants to increase the flexibility of two-part electricity prices

Yunnan Province plans to help industrial and commercial businessessave about 1.1 billion RMB on electricity costs this year. A first set of price reduction measures has already been implemented since April 1, accounting for 591 million RMB of forecastedsavings this year, thanks to a reduction of RMB 1.26 cents/kWh for industrial and commercial T&D tariffs. The plan now is to increase the "two-part" electricity price flexibility, allowing users to voluntarily choose to pay fees according to the transformer capacity or according to their actual maximum demand. (BJX)
 
"Two-part" tariffs represent an opportunityfor users to optimize their costs through the introduction of fixed and variable fees. Large electricity consumers will pay high access fees, based on transformer capacity, and low variable costs, while small companies will be able to rely more on their actual demand, paying low fixed fares. By selecting the best solution, customers will be able to save costs and improve power utilization management. At the same time, producers will benefit of an improved electricity consumption forecast.
 

Asian largest offshore wind farm in Jiangsu

On May 3 the last of the 100 Shanghai Electric 4MW wind turbinescompleted installation at the SPIC Binhai H2 project in Jiangsuprovince, the largest offshore wind farm in Asia with a capacity of 400MW.The 100 turbines were installed at an averrage distance of 22km from the shore, with four installation vessels, in a total of 347 days. (CHINA WIND NEWS)
 
 
400MW offshore wind farm project in Guangdong province

Three Gorges New energy has announced a plan to install a 400MW offshore wind farm in Yangjiang area, Guangdong province. The project is composed of 73 5.5MW turbines. The wind farm will occupy an area of 64 km2 approximately 20km from the shore, and with a water depth between 21m and 26m. (BJX)


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