When fully operational and grid connected before the year end, the 300 MW project will incorporate 67 wind turbines and reduce CO2 emissions by 571,000 tpy compared with conventional coal-fired thermal power plants with the same generating capacity. (Source: CNOOC, Website PR, 15 Sept., 2020) Contact: CNOOC Ltd, www.cnoocltd.com
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The report also noted 75 pct of the world's offshore wind farms are in European waters but by the end of the decade China is expected to host more than a fifth of the world's offshore wind turbines, equating to 52GW.
The report notes the offshore wind industry could create 900,000 jobs globally over the next decade and that every 1GW of offshore wind helped to avoid 3.5 million tonnes of CO2 from entering the atmosphere .
(Source: GWEC, PR, reve, 6 Aug., 2020)
Contact: GWEC, Ben Blackwell, CEO, Alyssa Pek, +32 490 56 81 39, email@example.com, www.gwec.net
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Thermal power production grew 9 pct year on year in May, while power generated by nuclear plants and wind farms grew 14.3 pct and 5.2 pct respectively. (Source: China National Bureau of Statistics , Xinhua, 20 June, 2020)
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The project, which is expected to come in at 7.9 billion yuan ($1.13 billion), will generate 1,390 million kWh of electricity per year, which is equivalent to 441,900 tons of standard coal and will satisfy the annual electricity demand of almost 2 million people when commissioned in early 2021.
The offshore wind power plant will be jointly financed, built and operated by China Energy with 62.5 pct and EDF Group holding the balance.
(Source: China Energy Investments Corp., PR, reve, 14 Mar., 2020) Contact: China Energy Investment Corporation, www.ceic.com; EDF Group, Jean-Bernard Levy, CEO, www.edf.fr
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The cut backs are being viewed as a sign of the government's intention to completely eliminate financial support to renewable energy firms as their technology becomes more commercially competitive.
(Source: Shanghai Securities News, CX Tech, 9 Jan., 2020)
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The new wind turbine, which was developed by CSIC Haizhuang Wind Power (HZ Windpower) a subsidiary of the Beijing-based state-owned China Shipbuilding Industry Corporation, will be installed at wind farms in the coastal provinces of Fujian and Guangdong.
HZ Wind was established in 2004 and has $1.1 billion in assets and more than 1,000 employees globally.
The company has three business segments includes wind farm investment, turbine supply and O&M engineering service globally. The company owns an operating wind farm in Iowa (US), HZ Wind USA, Inc. based in Iowa, and an R&D center in Denmark, according to its website.
(Source: HZ Windpower, Xinhua, Nov., 2019) Contact: HZ Windpower, https://ca.linkedin.com/company/csic-haizhuang-wind-power, www.hzwindpower.com
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While certain onshore and offshore projects will still be eligible for the FiT, most projects starting in 2019 will need to win at auction. This is all part of the NEA's effort to ensure that wind energy reaches grid parity by 2020.
China is expected to surpass its national cumulative wind power target of 210 GW and will install on average over 20 GW worth of new wind capacity each year. (Source: China National Energy Administration , CleanTechnica, 31 July, 2018) Contact: China National Energy Administration, en.ndrc.gov.cn
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