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:

  • NDRC releases new RPS (Renewable Portfolio Standard)
  • Electricity price for commercial consumption to be reduced 10% in 2019
  • NDRC encourages clean energy participation in power trading
  • Q1 national power consumption totals 2,232.9TWh, 5.6% YOY increase
  • Didi Travel and State Grid Electric Vehicle sign cooperation agreement

 

NDRC releases new RPS (Renewable Portfolio Standard)

In accordance with regulations in each provincial administrative region, the National Development and Reform Commission (NDRC) has released a new Renewable Portfolio Standard to determine the weight of responsibility of renewable energy power consumption, which refers to the proportion of renewable energy power that should be achieved in overall energy production and consumption. This includes both the weight of responsibility of total renewable energy power consumption and of non-hydropower renewable energy power consumption. The NDRC also released the substandard alternatives:

  1. Sale of excess renewable energy power consumption to market participants who have exceeded their annual consumption
  2. Voluntary subscription of the renewable energy green power certificate (NDRC)

 

2020 RPS Requirements

 AzureChinaCleantechNews20May2019 01

 

2020 Non-hydro RPS Requirements

AzureChinaCleantechNews20May2019 02

 

 

Electricity price for commercial consumption to be reduced 10% in 2019

The Government Work Report from the second meeting of the 13th National People’s Congress revealed China’s 2019 goals of reinforcing power marketization reform, refining add-on pricing for electricity and reducing the cost of electricity consumption in manufacturing. It was also revealed that the average electricity price for commercial consumption would be reduced by 10% in 2019. Pricing departments of all provinces (autonomous regions and municipalities) should promptly study and propose thorough plans to reduce local general industrial and commercial electricity prices in accordance with the above-mentioned price reduction ideology, issue corresponding documents before the end of May following proper procedure and formally implement the plans on July 1. (NDRC)

AzureChinaCleantechNews20May2019 03

 

 

 

NDRC encourages clean energy participation in power trading

The NDRC has released the 2019 cost reduction target for enterprise work, which involves improving the marketization of electricity trading. The NDRC also expressed willingness to deepen power marketization reform, by encouraging sales companies to represent small and medium-sized users in power market transactions and encourage more clean energy companies to participate in transactions. (NDRC)

 

 

Q1 national power consumption totals 2,232.9TWh, 5.6% YOY increase

From January to April, national total power consumption reached 2,232.9TWh, an increase of 5.6% year-on-year (YOY). Of the total, the agricultural sector consumed 21.7TWh, an increase of 6.1%; the industrial sector consumed 1,479.2TWh, an increase of 3.2%; the service sector consumed 372.8TWh, an increase of 10.3%; and theresidential sector consumed 359.1, an increase of 10.9%. (NEA)

AzureChinaCleantechNews20May2019 04

 

 

Didi Travel and State Grid Electric Vehicle sign cooperation agreement

On May 15, Didi Travel and State Grid Electric Vehicle signed a strategic cooperation agreement that stipulates that the two parties will use their respective brands and resource advantages to cooperate in the areas of travel, charging, energy and finance to promote a comprehensive green solution based on “car + electricity”.After reaching an agreement, the two sides are to set up pilot projects in Zhejiang, Fujian, Jiangsu, Shandong, Shaanxi, Hunan and Jiangxi. (BJX)

AzureChinaCleantechNews20May2019 05


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