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July 22, 2008
Wind-power plants are attracting growing investment in China, according to the United Nations Environment Programme (UNEP). Investment in the country's sustainable energy sector grew by 91 % last year to a record high of $10.8 billion, most of which has flowed to wind-power generating units, says UNEP’s report Global Trends in Substantial Energy Investment 2008.
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July 21, 2008
A
wind power plant has become operational in Beijing, a major step towards making 20
percent of the power supply to the city's Olympic venues during the games
wind-generated. The Guanting Wind Power
Plant, beginning operation on Saturday, would not only help fulfill Beijing's promise of a
"green Olympics", but symbolize the first-ever large-scale employment
of wind power generation project in the Chinese capital, said a spokesman for
the project.
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July 9, 2009
Tanti group, which owns wind turbine maker Suzlon Energy,
announced a joint venture with Bahrain-based investor Arcapita Bank to invest
$2 billion to develop 1,650 MW portfolio of wind farms in the inner Mangolia
region of China.
The joint venture has acquired Honiton Energy Holdings, an energy company based
in China.
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July 9, 2009
The National Development and Reform
Commission has approved construction for China’s
first offshore wind farm, the East China Sea
Bridge wind farm off Shanghai.
The project will have installed capacity of 102,000 KWs and be built by a consortium including
Guangdong Nuclear Power, China Datang Group, China Power International and
Shanghai Green Energy Engineering.
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July 3, 2008
With China’s
massive push for 21st Century renewable technologies, we shouldn’t be surprised
if China
achieves 100 GW by 2020 say energy experts. Officially, China’s latest
renewable energy plan sets a goal of 10 GW by 2010. That’s double the previous
target. However, according to industry analysts at China Strategies LLC, China’s current
pace of wind development will bring 10 GW by the end of this year, two years
ahead of schedule.
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June 26, 2008
A boost to the development of wind
power in China will not only
help to cut carbon dioxide emission but also serve as a buffer zone for
sandstorms in northern China,
said energy expert Huang Yicheng. Huang, also the country's former energy minister,
explained that establishment of big wind power stations with the installation
of windmills in northwestern China
was like a shield to reduce wind velocity.
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June 3, 2008
A recent boom in Chinese wind power development has surpassed the
government's original target and forced policymakers to set a new goal that
might still be too modest. In 2007, cumulative wind installations in China exceeded 5 gigawatts, the goal originally
set for 2010 by the National Development and Reform Commission (NDRC), China's top
economic planner.
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Earth Times
May 14, 2008
GreenHunter Wind
Energy, LLC, a wholly owned subsidiary of GreenHunter Energy, Inc. announced
today its first wind energy development project outside of the U.S., located
south of Shanghai, China. The project has the potential to generate up to 300
MW of power and will be developed in partnership with two other parties,
Chem-Energy, Inc., a U.S. based developer and a Chinese based wind turbine
manufacturer, MingYang Wind Power Technologies.
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May 1, 2008
China aims to expand its wind power generating capacity to
100,000 MWs by 2020, more than doubling the current world's installed capacity.
The plan — 5 times the
previous target — was set forth by the National Development and Reform
Commission, China's
top industry planning body. China hopes to
have 15 percent of its electricity generation coming from renewable sources by
2020. Most of this is expected to come from hydropower and wind since solar
energy is still too costly.
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April 24, 2008
Aureos China Fund
(ACF) has invested US $5 million in the Chinese company Qingdao Land of State
Power Environment Engineering Co., Ltd (QGLD), a wind energy and environmental
protection company. ACF is an initiative of Aureos Capital, one of the leading
private equity fund management companies specialising in investing in small to
mid-cap businesses in emerging markets.
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April 11, 2008
The SK Group will increase investment into China's clean
energy, water treatment and wind power generation in the next few years. The
preliminary plan is to invest about 1 billion yuan into China's
environmental protection energy industry. SK is now actively investigating and
researching operations, such as water treatment and wind power generation; and
hopes to make full use of China's
abundant wind energy to generate electricity.
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April 2, 2008
The National
Development and Reform Commission (NDRC) has approved the project to establish
a 10 million-kilowatt wind power base in Jiuquan,
Gansu province. The tentative idea to set up a "wind
power" corridor in the Hexi corridor (the area west of the Yellow River,
an essential passageway along the Old Silk Road) is about to be realized.
Experts predict that Gansu province will
become China's
largest wind power generation industry zone within the next 10 years.
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Trading Markets
March 24, 2008
China's
installed capacity of wind power will hit 10 million kilowatt this year, and
the figure is expected to double in 2010, a senior official said. To develop
clean energy, China
will expand the installed capacity of nuclear power, making it account for more
than 5 percent of the national total power installed capacity by the year 2020,
said vice chairman of the National Development and Reform Commission Zhang
Guobao.
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Shanghai Daily, China
March 7, 2008
China National Petroleum Corp, parent of the world's most valuable company,
said it's aiming for US$378 billion in sales by 2020, as it unveils a plan to
process more oil and gas, while expanding into non-fossil fuel. Beijing-based China National is also
generating electricity from wind power and solar power, aiming for alternative
energy output to reach the equivalent of seven million tons of oil by 2015.
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Xinhua - China
February 11, 2008
China made remarkable progress in wind power development in
2007 and the industry will expect further regulatory boost in the coming
years. The China Electricity Council
said the wind power sector generated electricity of 5.6 billion KW hours last
year, a growth of 95.2 percent over the previous year. The growth rate was 22 %
points higher than the year before.
According to the deputy head of the National Development and
Reform Commission, the top economic planning agency has taken a string of
measures to support the exploration of wind power.
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Reuters UK - UK
January 17, 2008
China's wind power generating capacity surged to 5.6
gigawatts by the end of last year, but over a quarter of it is still not
connected to the grid because of bad planning, an industry expert said on
Wednesday. Shi Pengfei, vice-president of the Chinese wind energy association,
said capacity growth in 2008 is likely to speed up, with another 4 GW expected
to be added by the booming industry.
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Autochannel - USA
January 9, 2007
Vestas has received an order for four projects in Inner Mongolia comprising 232
units of the V52-850 kW turbine. The order is from China Guangdong Nuclear Wind
Power Co. Ltd., which is part of the China Guangdong Nuclear Group. The order
includes supply and commissioning of the turbines, a VestasOnline Business SCADA
system, and a two-year maintenance and service agreement. Delivery of the
turbines will begin in mid-2008 and completion is expected by the end of 2009.
All turbines will be delivered from Vestas’ production facilities in Tianjin,
China.
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Reuters
December 28, 2007
A
spectacular stock market listing by China's biggest maker of wind power
generating equipment suggested global
warming was finally making itself felt among Chinese investors. Shares in Xinjiang Goldwind Science &
Technology Co soared 264 percent from their initial public offer price to close
at 131.00 yuan in their first day of trade on the Shenzhen Stock Exchange, far
exceeding analysts' forecasts of a range of 90-100 yuan. Smaller Chinese stocks
routinely double in their debuts.
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People's
Daily
December 26, 2007
Chinese Vice Premier Zeng Peiyan during an inspection tour
to Shanghai and neighboring Jiangsu Province that more efforts should be made
to speed up the development of modern energy industry and comprehensive
transport system, and improve infrastructure.
Zeng said that energy structure adjustment should be oriented towards
developing the new and renewable sources of energy, such as nuclear power and
wind power.
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China Daily - China
December 12, 2007
A total of 25 Chinese listed companies have invested 15.6
billion yuan ($2.11 billion) so far this year in new energies, including the
wind energy, solar energy and coal chemical industries, the China Securities
Journal reported today. Guizhou
Chitianhua Co Ltd invested a combined 5.58 billion yuan in new energies, the
highest of the 25 listed firms. Shanghai
Aero Auto Electromechanical and Baoding Tianwei Baobian Electric Co have poured
1.9 billion yuan and 1.48 billion yuan respectively into the new energy sector.
The three publicly-traded companies' investment into new energies accounted for
57.25 percent of the 25 listed firms' total, statistics show.
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China Daily
December 3, 2007
China National Offshore Oil Corp (CNOOC), the nation's largest offshore oil
producer, announced yesterday it had commenced operating the nation's first
offshore wind power plant. The wind
power plant has an installed capacity of 1.5 megawatts (MW). It is located at
the company's Bohai Suizhong 36-1 oilfield, 70 kilometers off the coast. The plant can generate 4.4 million
kilowatt-hours (kwh) of electricity a year.
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Guardian Unlimited, UK
November 30, 2007
Tariffs have made wind power attractive locally, and China has used that
tempting market to nurture a manufacturing base with a rule that turbines are
70 percent made in China. China is expected to pass its 2010 wind installation
target this year as it moves towards a 2020 target for 8 percent of all power
generating capacity to come from renewable sources, excluding big hydropower. China's
power generation is growing rapidly, but even applying that 2020 target
conservatively to today's levels implies wind power equal to some two-thirds of
the global total. "What it's taken the world to do in the past 20 years,
China will do in the next 10," said wind project developers IW Power.
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CE News
November 9, 2007
American Superconductor Corporation, a leading energy
technologies company, announced recently that it has formed a new division
known as "AMSC China" to serve the growing wind energy, power grid
and industrial markets in China. The company recently received an enterprise
business license from the Chinese government to form a Wholly Foreign Owned
Enterprise in Suzhou National New and Hi-Tech Industrial Development Zone ,
located 80 kilometers west of Shanghai.
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Xinhua - China
November 6, 2007
Construction began
on the world's largest production base for magnetic levitation (maglev) wind
power generators in central China on Monday.
Zhongke Hengyuan Energy Technology Co. Ltd. invested 400 million yuan in
building the base for the generators. The
base will produce a series of maglev wind power generators with capacities
ranging from 400 to 5,000 watts in the first half of 2008. The problem of the traditional wind turbines
was that they require high wind speeds to start, because of the friction caused
by their bearings, said Li Guokun, chief scientific developer of the new
technology. The frictionless maglev generator would cut the operational
expenses of wind farms by up to half, keeping the overall cost of wind power
under 0.4 yuan per kilowatt-hour, said Li.
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Earth Times
November 1, 2007
German wind turbine manufacturer Nordex is to invest $72.3
million in China to almost quadruple production by 2011, the company announced.
Nordex plans to expand its share of the Chinese market for wind turbines to 15
per cent by 2011, up from 3 per cent at the end of 2006. The annual production
capacity of Nordex's China unit will grow to 800 MWs from the current 225 MWs. China
is the second fastest growing market for wind turbines in the world and is
currently constitutes 10 per cent of global the business.
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Energy Current - Houston,TX,USA
October 29, 2007
New studies show the extent of China's wind power boom. In 2006,
newly-increased installed capacity of wind power in China was 1,337 MW,
accounting for 8.9 percent of worlds total newly-installed wind power, up
by 165.83 percent from the previous year. Overseas manufacturers have
advantages in China's wind turbine market, and they shared 55.1 percent of
newly-installed capacity and 65.92 percent of total installed capacity of
China in 2006. Vestas, Gamesa and GEWind are the top three
companies responsible for 18.73 percent, 18.63 percent and 10.74
percent of total installed capacity of China, respectively.
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金融界 – China
October 23, 2007
''Wind Power Shanghai 2007'''' will be held in Shanghai from November 1-3,
2007. The exhibition, jointly organized by Chinese Renewable Energy Industry
Association, the Chinese Wind Energy Association, the Global Wind Energy
Council and Shanghai International Exhibition Co. Ltd., is the most important
event in China''s wind power industry this year. Major wind power equipment manufacturers from
across the world along with well-known wind power enterprises in China,
including, will host their shows in large spaces.
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AFP - China
October 19, 2007
China National Offshore Oil Corp, the country's top offshore oil producer, said
Wednesday it would construct an offshore wind power plant in a bid to help
energy conservation in the country. The power plant will be located about 60
kilometres (37 miles) offshore in Bohai Bay in northern China and will have a
capacity of 1,500 kilowatts, General Manager Fu Chengyu was quoted by Xinhua
news agency as saying. Fu did not say when the construction will complete, nor
did he elaborate on other details of the plan.
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Forbes - NY,USA
October 15, 2007
Foreign wind power firms have expressed concern that the
Chinese regulatory environment is hindering their progress in the industry and
damaging the country's renewable energy prospects. Calling for the creation of
a 'level playing field' in which companies from home and abroad can compete
fairly, foreign companies urged the government to consider a fixed 'feed-in
tariff' system that would provide greater incentives for project developers and
allow them to compete effectively.
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Bloomberg
September 28, 2007
Taiwan may spend more than NT$100 billion ($3 billion)
during the next three years to increase wind-power capacity 10-fold and cut
coal and gas imports. ``Renewable energy can help us reduce dependence on
overseas resources,'' The deputy director general of Taiwan's energy bureau,
said in an interview in Taipei before a press conference on the plan later
today. The target of constructing
turbines with capacity of 2,159 megawatts compared with 217.2 megawatts now may
prove over- ambitious, said economist Liang Chi-yuan.
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