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:

  • Guangdong DRC publishes opinion on new bidding mechanisms for wind farms
  • Jan to Jul energy statistics published by NEA
  • 3-Gorges Guangdong 400MW offshore wind farm approved by Yangjiang DRC
  • SPIC secures project approval for 2 offshore wind farms in Guangdong province
  • Mingyang and SPIC sign an MOU for cooperation on offshore wind

 

Guandong DRC publishes opinion on new bidding mechanisms for wind farms

Guangdong is the first province to publish clarifications on the specific mechanisms which will be used to allocate wind farm subsidies following the new competitive on-grid tariff guidelines requirements issued by NEA earlier this year. The document provides some details on the scoring scale which will enable to compare bidders, as well as guidelines on procedures for applying for subsidies. (GD DRC)

AzureChinaCleantechNews27Aug2018 04

 

AzureChinaCleantechNews27Aug2018 03

According to theNEA policy issued earlier this year (NEA), the tariff related score for both onshore and offshore wind farms should account for at least 40% of total score. The remaining criteria are listed in the pie charts above. For offshore projects, the business capability score, which relies on a specific scale for rating references, is the second most important criteria with a weight of 30%. For onshore projects progress on preliminary construction is given more importance.

 

 

Jan to Jul energy statistics published by NEA

From Jan to Jul, power consumption in China reached 3,877.5TWh, a 9% increase yr-on-yr.  Wind showed the strongest growth, with new installations of 9.46 GW, with utilization hours improving as well. (NEA)

 

Azure has summarized key information in the graphs below:

AzureChinaCleantechNews27Aug2018 01

 

AzureChinaCleantechNews27Aug2018 02 

 

 

3-Gorges Guangdong 400MW offshore wind farm approved by Yangjiang DRC

The project has a sea area of approximately 67km2, waterdepth of 21 to 26m and distance to shore of 15.9km. The project will feature 73 5.5MW wind turbines with a projected annual production of 1.5TWh.

AzureChinaCleantechNews27Aug2018 05

 

 

 

SPIC secures project approval for 2 offshore wind farms in Guangdong province

SPIC Jieyang Jinghai 150MW & Shenquan PhaseI 400MW offshore wind projects have been approved by Jieyang DRC. The two projects will require a combined number of 101 5.5MW wind turbines. Both projects plan to start construction by the end of 2018 and will be operating in 2021.(JYDRC)

AzureChinaCleantechNews27Aug2018 06

 

Mingyang is the only turbine supplier with a 5.5MW turbine on the market and is securing a large number of orders in Guangdong province where it is headquartered, especially this year as developers are rushing to secure approvals while the 0.85 CNY / kWh feed in tariff is still available.

 

 

Mingyang and SPIC sign an MOU for cooperation on offshore wind

Mingyang and SPIC signed an MOU regardingfixed as well as floating offshore wind. The strategic partnership will be focused on offshore wind power development, clean energy equipment supply, technical cooperation, international projects, information sharing, engineering construction and ancillary services.(BJX)


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