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:

  • Zhejiang DRC releases methods for competitive bidding of offshore wind projects
  • Liaoning strives to reach PV installed capacity of 5GW in 2021
  • Heilongjiang promotes nuclear, wind, hydrogen and smart grid development
  • South Hebei power grid power trading to include all commercial users
  • Mingyang’s offshore wind turbine orders exceed 4GW

 

 

Zhejiang DRC releases methods for competitive bidding of offshore wind projects

According to the notice, all projects that will undergo competition must be listed in the Zhejiang Offshore Wind Farm Project Planning Report, which has yet to be released. Projects subject to competition include two types:

  1. Projects with undetermined developer: project developer, on-grid price and construction sequence will be determined by competition
  2. Projects with determined developer but not approved before the end of 2018:

For both types of projetson grid price accounts for a score of 40 pointsout of a total of100. (Zhejiang DRC)

AzureChinaCleantechNews19August2019 01

 

 

 Liaoning strives to reach PV installed capacity of 5GW in 2021

In the Liaoning PV Construction Plan Notice (2019-2021) released by the provincial DRC, it has been revealed that the 2021 target for PV installed capacity is 5.1GW. This reflects the province’s desire to take advantage of the lack of any serious PV curtailment problem in the region and therefore fully exploit PV capacity. The notice also emphasizes promoting investment in PV poverty alleviation projects in Northwest Liaoning. (PVNEWS)

 AzureChinaCleantechNews19August2019 02

 

 

Heilongjiang promotes nuclear, wind, hydrogen and smart grid development

The Heilongjiang Government has released the Strong Industrial Provinces Construction Plan (2019-2025). In regards to energy, the plan aims to strengthen the construction efforts of new energy service platforms, as well as encourage the development of production support services such as R&D and design, inspection and testing, and management consulting within the new energy industry. Specifically, emphasis was placed on promoting the R&D and application of nuclear energy, wind power, hydrogen energy and smart grids. (Heilongjiang GOV)

 AzureChinaCleantechNews19August2019 03

 

 

South Hebei power grid power trading to include all commercial users

The power trade on the South Hebei power grid is now fully open to commercial users. Prior to the opening of the power trade, only users with voltage levels above 10kV and annual power consumption above 10MWh were able to participate in direct trading, while those below 10MWh were required to entrust a trading company to act as their agent. Now, commercial users—which are power users in industries other than residential, agriculture, utilities and public welfare services—are no longer subject to such voltage level, power usage and general industry restrictions. (Hebei DRC)

 AzureChinaCleantechNews19August2019 04

 

 

Mingyang’s offshore wind turbine orders exceed 4GW

Mingyang has released its semi-annual performance forecast, declaring a half-year net profit of 290-350 million CNY, an increase of 99.19-140.4% year-on-year. The company also reported that its offshore wind turbine orders reached 4.18GW, and that its contract amount was about 26.949 billion CNY. Its offshore wind power orders were mostly concentrated in Guangdong and Fujian Provinces. It was also revealed that Mingyang has deployed three sea blade production bases in Guangdong and that by 2020, the production capacity of the MySE5.5MW series and above will reach 3.5GW. (Sina)

MySE6.0MW product line basic parameter

AzureChinaCleantechNews19August2019 05


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