Beijing will not draft specific plannings for wind, solar and hydropower sectors in the coming five-year plan cycle—between 2021 to 2025, according to a recent statement made by China Renewable …
China is poised to be a leading offshore wind market of the highest growth in the coming decade, as more and more data point out. How significant is the market …
China’s Offshore Wind Market 2020-2030: Strong Momentum but Major Risks Ahead Read Full Article »
Last week, Ming Yang Smart Energy (MYSE) released its 8-10MW offshore wind turbine platform at its manufacturing hub in Yangjiang, Guangdong province. For more information, check out my article in …
Chinese OEMs’ “Amazing Race” to Double-Digit Wind Turbine [Analytical Update] Read Full Article »
A key reason behind the latest asset sale is the delayed and unfulfilled subsidy payment to renewable projects. China has long established a unique subsidy mechanism to incentivize renewable power …
Bombshell this week as China Huaneng—2nd largest power producer in China— changed its plan in terms of buying 51% equity of GCL Poly New Energy, the world’s 2nd largest PV …
How to Harvest from China’s Renewable Asset Sales— Or Not (1) Read Full Article »
Last week French President Emmanuel Macron visited China and left with a bunch of deals total worth of $15bn, including energy cooperation. The frequent visits of Macron always end with some …
China’s Offshore Wind Insurance: A Shorter Stave of the Barrel Read Full Article »
In two separate pieces coming, we will be talking about international developers’ current activities in the Chinese offshore wind market and the reasons behind some’s hesitation–the different risk profile. Shell …
Supply Shortage, Seller’s Market China is in the midst of an offshore wind installation dash where developers are rushing to install a large number of offshore wind turbines, as some …
As expected, Beijing announced the scrap the existing pricing mechanism– a fixed-rate benchmark pricing (标杆电价) adopted since15 years ago. A new pricing formula has been introduced to the coal-fired power …
One of the unique phenomena in China’s offshore wind development is the central role of power design & engineering companies (D&E) in project development. For foreign companies that hope to …
Chinese Electricity Engineers Active in Offshore Wind Read Full Article »
