A proven approach
Since 2003, we have been dedicated to helping international companies assess and secure opportunities in the Chinese energy markets. In effect, we are the first firm to have completed comprehensive technical and commercial due diligences for two offshore wind farms in China.
We have an excellent portfolio of projects, ranging from wind and PV curtailment forecasts to grid reform studies to li-ion battery application modeling. To see what else we have worked on, scroll through our list of selected references below.
Past Projects
It's always memorable
Energy Storage Application Modeling, Market Entry, Partnership BD
Client: Samsung SDI is a leading manufacturer of rechargeable batteries for IT industry, automobiles and energy storage systems (ESS), as well as cutting-edge materials used to produce semiconductors, displays, and solar panels
About:Azure helped Samsung SDI design and implement a market entry strategy for deploying li-ion batteries in the Chinese grid-scale energy storage market. The work consisted of detailed application modeling and market forecasting towards selecting most attractive segments, scouting of 100 potential strategic partners, setting up meetings and initial discussions with management of the top 10 best fit companies and securing cooperation MoUs with two of the selected partners. The project resulted in the creation of a $170 million JV between Samsung and Sungrow, China's leading PV inverter and energy storage PCS supplier.
Service Offered :Research and Analysis, Quantitative Modelling, Strategy, Business Development.
Offshore Wind Technical Due Diligence
Client: EDF Renewables is a French renewable energy group that develops, builds and operates clean energy power plants in more than 20 countries. Since 2017, the company has been looking at opportunities to invest in offshore wind farms in China, in various stages of development and construction.
About:Azure provided detailed technical due diligences of several offshore wind farms and supported technical discussions between EDF Renewables and its Chinese partners and suppliers. Related link: http://www.azure-international.com/en/news/china-cleantech-news/516-china-cleantech-update-april-01-2019.html
Service Offered :Research and Analysis, Quantitative Modelling, Due Diligence , Engineering support.
PMG Technology and Partnership Development
Client: Boulder Wind Power (BWP) is a U.S. Colorado based company which has developed a unique wind turbine permanent magnet generator technology with radical improvement over competing systems in capital cost and energy conversion efficiency
About:Azure provided commercial, project management and technical support in the process of identifying and securing strategic go-to-market partners in China as well as developing and integrating the BWP generator technology within the wind turbine system of selected partner, China's leading WTG supplier Goldwind.
Service Offered :Research and Analysis, Quantitative Modelling, Strategy , Engineering Support. Procurement, Business Development, Commercial Support.
IFC – China PV Curtailment Regional Risk Assessment
Client: IFC, a sister organization of the World Bank and member of the World Bank Group, is the largest global development institution focused on the private sector in developing countries. In the renewable energy sector, IFC focuses on developing first-of-a-kind projects that demonstrate technical feasibility, attract additional private financing and encourage key policy reforms.
About:Azure studied the risk of solar power curtailment across eight regions in China in the 2014-2030 timeframe. The work relied on significant data resources, included modeling of generation and transmission dispatch with provincial-level resolution, and provided a quantitative ranking of attractive regions based on curtailment and subsidy redistribution risks.
Service Offered :Research and Analysis, Quantitative Modelling, Due Diligence.
Testimonials
Our Clients Love Us
"Azure can deliver complex market modeling and strategy advice combined with a strong network and BD skills in China. Their industry analysis and communication skills were very impressive. Thanks again to the Azure team for helping us identify and secure a great partner! "
Ji Hyun Kim
Director, Samsung SDI
"We were impressed by Azure's deep knowledge in offshore wind technology and the Chinese market. Their support has been instrumental in creating a bridge between our technical team in Europe and that of our local partners, enabling us to assess investment opportunities with a high level of confidence."
Erwann Debos
VP China Offshore Wind, EDF Renewables
"You're going to need strong support on the ground if you do business in China and no one can help you navigate the Chinese wind market like Azure does. Azure provided all the essential navigational aid we needed and essential product development liaison throughout the project."
Sandy Butterfield
BWP President, IEC TC88 Chairman
"Azure has valuable experience and great insights on the Chinese renewable energy market, it's always rewarding to work with them"
Sean Whittaker
Senior Renewable Energy Specialist, IFC
Past Clients
