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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 releases Q1 2019 wind power generation report
  • Changes to PV FIT pricing mechanism
  • Henan DRC releases data on first batch of subsidy-free wind and PV projects in 2019
  • Fujian DRC releases 2019 major project construction plan

 

 

NEA releases Q1 2019 wind power generation report

From January to March 2019:

  1. Installed capacity of new wind power in the country was 4.78GW, of which 120MW was offshore wind power;
  2. Cumulative installed capacity of grid-connected power reached 189GW;
  3. National wind power generation capacity was 104.1TWh, a 6.3% year-on-year (YOY) increase;
  4. National average wind power utilization hours was 556 hours, a YOY decrease of 37 hours;
  5. National wind curtailment was 4.3TWh, a YOY decrease of 4.8TWh;
  6. National average curtailment rate was 4.0%, a 4.5% YOY decrease.
    (
    NEA)

 AzureChinaCleantechNews06May2019 04

 

During this quarter, the provinces with higher average utilization hours included Yunnan (1078 hours) and Sichuan (1048 hours). The regions that experienced severe wind curtailment included Xinjiang (wind curtailment rate of 15.2%, wind power curtailment of 1.37TWh), Gansu (wind curtailment rate of 9.5%, wind power curtailment of 550TWh) and IMAR (wind curtailment rate of 7.4%, wind power curtailment of 1.30TWh). However curtailment has continued to decrease noticeably compared to previous years.

 

 

Changes to PV FIT pricing mechanism

The National Development and Reform Commission (NDRC) has released a notice on improving the current on-grid pricing mechanism for centralized PV power generation. The notice states that the PV FITs for new centralized PV power plants shall follow"guiding prices" of 0.40CNY/kWh, 0.45CNY/kWh and 0.55CNY/kWh (tax included) for resource type I, II and III areas respectively. In principle, the on-grid tariff of new centralized PV power plants should be determined through market competition, and should not exceed the guiding price of the resource area, which therefore serve as a ceiling. This will apply to Centralized PV power plants connected to the grid on or after July 1st 2019. Projects connected prior to this date may enjoy the prices from the "531" policy. (NDRC)

AzureChinaCleantechNews06May2019 02

 

 

Henan DRC releases data on first batch of subsidy-free wind and PV projects in 2019

According to the report released by the Henan DRC, the 28 projects in the first batch of subsidy-free wind and PV projects have met national requirements. The projects include 11 subsidy-free wind projects with a total of 1.1GW, four subsidy-free PV projects with a total of 274MW and 13 market-oriented distributed power generation pilot projects with a total of 362MW. (Xueqiu)

AzureChinaCleantechNews06May2019 03

 

 

Fujian DRC releases 2019 major project construction plan

Focusing on the objectives, tasks and overall requirements for accelerating the construction of a strong marine province as determined by the provincial party committee and the provincial government, the Fujian DRC vows to coordinate services such as project construction approval guidance, factor guarantee and implementation management, and to comprehensively support the 148 major projects that are under construction and the 91 that are in the pre-construction phases. The major project construction plan has already made great strides in achieving the completion or partial completion of more than 36 projects, the construction of more than 30 projects and the further planning of a number of major projects. (Fujian DRC)


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