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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:

  • First city-level IoE project completed in Haining, Zhejiang province
  • Mitsubishi sets up JV with State Grid for integrated energy services
  • Yunnan Energy Investment’s operating income increases 9.3% YoY in 1H2019
  • Xiangyang builds 500MW non-subsidized solar project
  • Hebei promotes distributed rooftop solar poverty alleviation projects

 

 

First city-level IoE project completed in Haining, Zhejiang province

The first city-level Internet of Energy (IoE) demonstration project was completed in Haining of Zhejiang province on August 29. The project, also known as the IoE Pilot Demonstration of Jiaxing City (which used to be a part of Haining city), is jointly led by State Grid Zhejiang Electric Power Company and the Haining government. The demonstration project was successfully selected as one of the first batches of the National Energy Administration’s (NEA) smart energy projects.

The project is located in Haining, a city of 700 square meters with a population of 0.8 million. The IoE structure is based on Active Distribution Networks (ADNs) and builds an urban integrated energy service platform that integrates and consumes 100% renewable energy and provides services such as building energy efficiency management, supply and demand mediation, smart energy and green transportation. It aims to successfully build an intelligent, open, shared, diverse and comprehensive urban IoE engineering model. Zhejiang Electric Power hopes to be the pioneer to realize State Grid’s vision to build and operate “a STRONG smart grid” and “Ubiquitous Power Internet of Things,” and to become a world-class IoE enterprise.

In addition to high integration of DE (distributed energy), the ADN also achieves high quality and reliability of power operation through actively planning, managing and controlling loads, storage and power generation response and participation. (JX PEOPLE)

 AzureChinaCleantechNews09Sepetmer2019 06

Photo source: hqew

 

 

Mitsubishi sets up JV with State Grid for integrated energy services

State Grid Energy Saving and Mitsubishi Heavy Industries have jointly set up a company to provide integrated energy services.

On September 4, Grid Energy Mitsubishi Heavy Integrated Energy Engineering Technology Services Co., Ltd. was inaugurated in Beijing. The company is jointly funded by State Grid Energy Saving Co., Ltd. and Mitsubishi Heavy Industries Co., Ltd. State Grid Energy Saving holds 55% of the company shares and Mitsubishi Heavy Industries 45%. The company is committed to building the largest and the most advanced integrated energy engineering and technology services company and key energy equipment supplier in China.

Ren Weili, Chairman of State Grid Energy Saving and Party Secretary, said at the unveiling ceremony that the establishment of the JV is to implement State Grid’s company vision in becoming a world-class energy enterprise. The integrated energy service industry involves a wide range of missions, including a strong collaboration with professional institutions, as well as international and multi-dimensional cooperation. State Grid Energy Saving sees the establishment of the JV as an opportunity to actively comply with the new trend of the energy production and consumption revolution, stating that it will continue to promote cooperation in exploring world-class integrated energy services and other aspects, so as to achieve "complementary advantages, resource sharing, win-win cooperation and common development." (baijiahao)

AzureChinaCleantechNews09Sepetmer2019 07

 

 

Yunnan Energy Investment’s operating income increases 9.3% YoY in 1H2019

In the first half of 2019, Yunnan Energy's operating income was 967 million CNY, up 9.37% year-on-year (YoY). The company’s net profit was 210 million CNY, a 37.98% YoY increase. Yunnan Energy has investments in four wind power companies with an operating income of 310 million CNY, an increase of 74 million CNY over the same period last year, and total profit of 192 million CNY, an increase of 86 million CNY. (Sina)

AzureChinaCleantechNews09Sepetmer2019 08

According to the NEA 2018 Operating Wind Power Status, Yunnan had an average wind utilization hours of 2,654 last year, making it the number one ranked province in China. From publicly released information, Yunnan Energy Investment’s four wind farms in Qujing and Honghe averaged 2,782 hours, which is 128 hours above Yunnan’s usual average.

 

 

Xiangyang builds 500MW non-subsidized solar project

Powerchina Zhongnan Engineering and the Xiangyang government have signed a contract stipulating the terms by which Powerchina will invest 4 billion CNY to build a 500MW non-subsidized solar project in Xiangyang, Hubei province. The project is set to be operating in September 2021 with an estimated annual power generation of about 900GWh. (Xiangyang GOV)

AzureChinaCleantechNews09Sepetmer2019 09

 

 

Hebei promotes distributed rooftop solar poverty alleviation projects

The Hebei government has announced plans to promote the construction of about 406 distributed rooftop solar power systems as part of its housing resettlement service for the province’s impoverished population. With a construction period from November 2019 to March 2020, the projects will be under the unified organization of the government and will report to the management of the village-level poverty alleviation solar power stations. (Hebei DRC)

AzureChinaCleantechNews09Sepetmer2019 10


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