China’s renewable subsidy formula and power price structure have been through a rapid and rather complex shakeup in the past two years. Last week, the Ministry of Finance (MoF) unleashed …
China’s Renewable Power Price and Subsidy: “New” Design in 2020? Read Full Article »
The energy industry went through an “earthquake” last week, as Beijing reshuffled six top executive positions in five state-owned energy utilities. The headman of State Grid Company of China (SGCC) …
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 »
China’s State Grid Corp (SGCC) delivered a shock to the market last week by the announcement to scrape investment on the energy storage capacity and establish higher return thresholds for …
Chinese Grids’ Transformation to Benefit Digital & Tech Companies Globally Read Full Article »
Battery energy storage has experienced a fantastic year with record-breaking growth in 2018. But the good days may come to an abrupt end now, as the critical investors announced to …
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 »
The end of China’s thirteenth five-year plan period (13th Five Year Plan) is approaching, as 2020 is just one year away. As a routine, Beijing’s energy regulators have kicked off …
China’s 14th Five Year Plan for Power Sector (1) : There Will be Coal 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 »
