In last week’s Azure news updates, we see Zhangjiakou’s push for the development of the hydrogen energy industry. This trend seems to be catching on, as this week we find Shanxi also promoting the simultaneous development of hydrogen refueling stations, hydrogen fuel cells and hydrogen fuel cell vehicles in an effort to promote the production of hydrogen energy and use of demonstration bases in building China's “hydrogen valley”.
Xi'an’s Xianyang International Airport has officially put into operation 18 new energy vehicle charging piles, which can provide fast charging service for 36 electric vehicles at a time.
In an announcement made by the Ministry of Finance (MoF) at the end of September about the defaulted payment of renewables subsidy, “Green Certificate” trading has been brought to the spotlight as a means to “alleviate subsidy needs through ‘green certificate trading’ and power market trading”.
Envision is expected to deliver a total of 6.3GW in orders in 2019, a YoY increase of 47%, which equates to a 42% growth in total expected sales at RMB 23 billion.
On October 22, the annual China Wind Power (CWP) Conference in Beijing brought together government officials, investors and industry experts to share insights on the future of the wind energy industry inside and outside of China.
Chinese renewables subsidy will remain in deficit in the near future. The Chinese Ministry of Finance (MoF) has officially clarified that the central government will not consider increasing renewables electricity tariff surcharge as a solution to the deficit problem of renewables subsidy for the time being, as the state’s priority is to ease the burden on enterprises (electricity users).