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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News Summary:

  • NEA publishes 1H2018 wind power on-grid operation situation
  • 157MW of offshore wind installed in 1H
  • Guangdong 2018-2020 “Blue sky defence” plan published by Guangdong Department of Environmental Protection
  • Hainan's first pumped hydro energy storage (PHES) station put into operation
  • Beijing-Tianjin-Hebei included in new energy vehicle battery recycling pilot

 

 

NEA publishes 1H2018 wind power on-grid operation situation

During the first half of this year, 7.94GW of new wind capacity was connected to the grid, reaching a total of 171.6 GW. Wind farms produced a total of 191.7TWh, an increase of 28.7% yr-on-yr, with average utilization hours increasing more than 10% since last year. (NEA)

 AzureChinaCleantechNews06Aug2018 06

AzureChinaCleantechNews06Aug2018 02

The wind curtailment isssue has also been significantly improved, with curtailment decreasing more than 10% in the provinces of Jinlin, Heilongjiang and Gansu.

 

 

157MW of offshore wind installed in 1H

With an additionnal 157MW connected during 1H, the total on-grid offshore wind capacity in China is now 2.7GW. (NEA)

AzureChinaCleantechNews06Aug2018 04

While 157MW is not a big number, we expect more significant installations in the second half of the year, allowing 2018 to be a record year for offshore wind in China.

 

 

Guangdong 2018-2020 “Blue sky defence” plan published by Guangdong Department of Environmental Protection

The plan lists installed capacity targets for all clean energy, including 16GW of Nuclear, 6.5GW of Wind and 5GW of PV. Key cities for deployment of offshore wind are Zhuhai, Shantou, Shanwei, Yangjiang, Zhengjiang and Jieyang. By the end of 2020, the province should have more than 2GW offshore wind in operation and more than 6.5GW under construction.(GDEP)

AzureChinaCleantechNews06Aug2018 01

As a power import province, and the most populated province in China with a population above 100 million, Guangdong has a lot of grid space to build its power generation capacity. In 2017, Guangdong consummed 595.9 TWh but produced only 451.6 TWh.

 

 

Hainan's first pumped hydro energy storage (PHES) station put into operation

The 600MW PHES project has 3 units of 200MW each and projected annual power generation of 1.0 TWh for a total investment of 3.4 billion CNY. This dam is adjacent to Hainan province load centers and to nuclear power transmission channels. (Hainan News)

AzureChinaCleantechNews06Aug2018 03

Once it comes into operation, the PHES station will enable to reduce the average peak-regulation rate of thermal power in Hainan by 11%, and to increase provincial thermal power annual utilization hours by 374 hours.

 

Beijing-Tianjin-Hebei included in new energy vehicle battery recycling pilot

The NEA has launched a large scale pilot project to explore technical and market solutions to encourage recycling of batteries used in electric vehicles.  So far the projet will involve the regions of Beijing-Tianjin-Hebei, Shanxi Province, Shanghai and Guangdong Province. The annoucement also introduces China Railway Tower Co., Ltd as a key player in the pilot project.  (GOV) (NEA)

AzureChinaCleantechNews06Aug2018 05

Source: 163

 

 


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