China’s farthest offshore wind farm at present (55KM) completes grid connection

China’s farthest offshore wind farm at present (55KM) completes grid connection

Huaneng’s 300MW Dafeng Offshore Wind Farm (Phase I), which currently has the farthest distance to shore in China, has completed grid connection.

EVE Battery to set up JV with South Korea’s SKI

EVE Battery to set up JV with South Korea’s SKI

EVE Battery, one of the largest battery cell manufacturers in China specialized in Lithium-ion battery technology, is planning to set up a JV with South Korea’s SK Innovation (SKI) Co.,Ltd.

China will replace benchmark price with new “base price + 10% floating” mechanism for coal-fired plants

China will replace benchmark price with new “base price + 10% floating” mechanism for coal-fired plants

In order to deepen the deployment of the power system reform, and accelerate the reform in a way that promotes the establishment of a market-oriented electricity price determination mechanism, the old mechanism which relied on a fixed regional coal benchmark price, will be abolished.

State departments jointly issue notice to launch Smart PV pilot demonstration project

State departments jointly issue notice to launch Smart PV pilot demonstration project

Six Chinese government departments have come together to organize a Smart PV pilot demonstration project with the aim to promote high-quality development of the PV industry, and to encourage technological advancement and expansion of Smart PV industry applications.

China wind power generation increases by 265TWh between January and August 2019, a 10% YoY increase

China wind power generation increases by 265TWh between January and August 2019, a 10% YoY increase

By the end of August 2019, national power consumption totaled 4,742TWh, an increase of 4.4%.