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.

Contact Info

For further enquiries or if you are interested to

learn more about how we can collaborate, please

contact us directly at:

Azure International

Tel: +86 10 8447 7053

Fax: +86 10 8447 7058

E-mail: info@azure-international.com

News Summary:

  • NEA publishes 2018 grid-connected wind power report
  • CEC releases national power market analysis and forecast report for 2018-2019
  • NDRC calls for greater promotion and prioritization of renewable energy
  • Local GOV can now independently organize unsubsidized PV generation projects
  • “ZTT 7#” vessel completes Goldwind 6.45MW offshore WTG installation

 

 

NEA publishes 2018 grid-connected wind power report

By the end of 2018, China’s total installed grid-connected wind power capacity reached 184.26GW; with a total power generation of 366TWh, wind power made up 5.2% of the total. Wind curtailment rate was 7%, a 5% year-on-year (YOY) decrease. Among regions listed with the highest average wind power utilization hours, Yunnan came first at 2,654hrs, followed by Fujian (2,587hrs), Shanghai (2.489hrs) and Sichuan (2,333hrs). (NEA)

Map of wind curtailment conditions

 AzureChinaCleantechNews04Feb2019 01

 

In 2018, Xinjiang (curtailment rate: 23%, 10.7TWh), Gansu (curtailment rate: 19%, 5.4TWh) and IMAR (curtailment rate: 10%, 7.2TWh) had severe curtailment problems; the three provinces alone made up more than 84% of the country’s total curtailment.

 

 

CEC releases national power market analysis and forecast report for 2018-2019

In 2018, national power consumption totaled 6,840TWh, a YOY increase of 8.5%. Based on the country’s current economic situation, however, the outlook for power consumption growth is expected to fall steadily in the coming year, with an estimated growth rate increase of only 5.5%. (CEC)

AzureChinaCleantechNews04Feb2019 05

 

 

NDRC calls for greater promotion and prioritization of renewable energy

The National Development and Reform Commission (NDRC) has requested a review of the management of the priority power generation and preferential power purchase system. The system was established to support the acquisition of clean energy such as wind power and solar power generation, as well as to ensure that clean energy such as nuclear power and large-scale hydropower are fully and safely operated. With the aim of promoting clean energy consumption, green energy development and energy structure optimization in the power industry, the NDRC is now calling for another look at ways to improve the policy system. (NDRC)

AzureChinaCleantechNews04Feb2019 02

 

 

Local GOV can now independently organize unsubsidized PV generation projects

The National Energy Administration (NEA) has recently revealed the development plan for PV in 2019. Development will be divided into two major parts: PV power generation projects that do not require state subsidies and those that do. Projects that do not require state subsidies will be organized by local organizations on the premise of meeting management requirements such as planning, market environment monitoring and evaluation and implementing conditions such as grid connection. (NEA)

According to statistics, the average construction cost of wind farms and photovoltaic power plants built in 2017 was 20% and 45% lower than those built in 2012, respectively. (NEA)

 

 

“ZTT 7#” vessel completes Goldwind 6.45MW offshore WTG installation

After ZTT (Stock Code 600522.SH) successfully installed the first pile foundation at the 3-Gorges Jiangsu Dafeng 300MW Offshore Wind Power Project site using “MENCK-3500S,” the largest hydraulic pile hammer in China, it also reported that “ZTT 7#,” its offshore installation vessel, successfully installed the first Goldwind 6.45MW offshore wind turbine. (ZTT)

AzureChinaCleantechNews04Feb2019 03


SUBSCRIBE TO CLEANTECH NEWS

* indicates required

Email Format

 

{{#image}}
{{/image}}
{{text}} {{subtext}}