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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:

  • NDRC releases competitive FIT results for onshore and offshore wind
  • NEA releases first batch of subsidy-free projects for 2019
  • Heilongjiang DRC releases plan for 627MW of distributed wind projects
  • 2018 non-fossil energy power generation consumption reaches over 50%

 

 

NDRC releases competitive FIT results for onshore and offshore wind

The National Development and Reform Commission (NDRC) has announced a change to FIT benchmark pricing for onshore wind power. The FITs for newly approved centralized onshore wind power projects will all be determined by competitive bidding and should not exceed the guiding price of the resource area where the projects are located. Meanwhile, offshore wind power projects approved before the end of 2018 and operating before the end of 2021 can still receive the 0.85 CNY FIT, but projects approved in 2019 and 2020 should have FITs lower than the newly announced ceiling of 0.8 CNY/kWh and 0.75 CNY/kWh respectively. (NDRC)

AzureChinaCleantechNews27May2019 07

Note: If resulting competitive FITs are below local thermal on-grid prices, local thermal on-grid prices will be applied.

 

 

NEA releases first batch of subsidy-free projects for 2019

The National Energy Administration (NEA) has released a development plan for subsidy-free wind and PV projects, in which it is determined that the first batch of projects will span 16 provinces with a total installed capacity of 20.76GW. The plan highlights:

  1. Prioritizing development of subsidy-free projects
  2. Prioritizing consumption of power generated by subsidy-free projects
  3. Encouraging approval of inactive projects converted to subsidy-free projects

(NEA)

AzureChinaCleantechNews27May2019 01

 

2019 first batch subsidy-free wind projects distribution

AzureChinaCleantechNews27May2019 02

 

2019 first batch subsidy-free solar projects distribution

AzureChinaCleantechNews27May2019 03

 

 

 

Heilongjiang DRC releases plan for 627MW of distributed wind projects

The Heilongjiang DRC has released a plan for distributed wind power development, revealing a total of 98 distributed projects with an aggregate capacity of 626.9MW, with individual project capacity ranging from 1.5MW to 36MW. The announcement also stipulates that:

  1. If a single enterprise in a single county area constructs multiple distributed wind power projects, the projects should be bundled into one so that preliminary work can be carried out in a unified manner, such as the handling of relevant supporting documents and the approval of projects.
  2. Distributed wind power projects included in this plan should be built and connected to the grid by the end of 2020, otherwise the project will be automatically abolished.
  3. The power sector should actively cooperate with grid access and grid-connected operation services for distributed wind power projects to ensure safe and reliable grid access for distributed wind power projects. (Heilongjiang DRC)

AzureChinaCleantechNews27May2019 04

 

 

Non-fossil energy exceeds 50% of total power generation on China Southern Grid in 2018

Southern Power Grid has released the 2018 Social Responsibility Report. Highlights of the report include:

a)        51.5% of 2018 power generation consumption was non-fossil energy

b)        217.5TWh of power was transported from West to East

c)        The entire power grid had a comprehensive line loss rate of 6.31%

d)        Electric power substitution (or Re-Electrification) reached 22.4TWh

  • (Southern grid)

    AzureChinaCleantechNews27May2019 06


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