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Chinese Wind Power Takes Off

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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Wind Supplies 20% of OIympic Energy

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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India/Bahrain Jt. Venture in China

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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China's First Offshore Wind Farm

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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Massive Chinse Wind Growth Projected

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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China Sandstorms vs. Wind Power

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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China’s booming wind power

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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GreenHunter Enters China Market

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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China aims for 100 GW wind power

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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Aureos Backs Chinese Wind Energy Co

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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SK Invests in Chinese Wind Power

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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Gansu to be "wind power" corridor

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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China's installed wind power hits 10 Mil KWs
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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China National plans expansion
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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China's 95% growth in wind power
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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China wind power hits 5.6 GW
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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China's Huge Vestas Order
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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China wind power stock soars
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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Chinese to develop energy industry
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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Firms invest 15.6b yuan in new energy

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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CNOOC launches first offshore plant

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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Investors bet on China's clean energy race

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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American Superconductor Forms China Unit
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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China plans for maglev wind power

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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Nordex Invests $70 millioin in China
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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China more than doubles wind power

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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Wind Power Shanghai Conference Coming
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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CNOOC to build offshore wind plant

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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Chinese hurdles hinder foreign wind firms

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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Taiwan May Spend $3 Billion on wind

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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