The country's top 10 solar panel makers have up to 100 billion yuan (16.23 billion U.S. dollars) in debts and the ratio of debt to assets is above 70 percent in general across the industry, according to Meng Xiangan, deputy director of the China Renewable Energy Society. Though favorable policies have been mapped out to … Continue reading China's photovoltaic (PV) industry is facing accelerated industrial integration
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Suzlon sells 75% stake in Chinese subsidiary
Wind turbine maker Suzlon will sell a 75 per cent stake in its Chinese subsidiary, Suzlon Energy Tianjin Ltd, for $28 million (about Rs. 177 crore). Suzlon Group, which is facing challenging business conditions, would offload a 75 per cent stake in the manufacturing subsidiary to China’s Poly LongMa Energy (Dalian) Ltd, a conglomerate focused … Continue reading Suzlon sells 75% stake in Chinese subsidiary
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China to promote electric vehicles
Subsidies will be provided to help promote new-energy vehicles from 2013 to 2015, the Ministry of Finance (MOF) said on Tuesday. Manufacturers of pure electric automobiles, plug-in hybrid electric vehicles and fuel cell vehicles will be eligible for the subsidies, a ministry notice said. Government organizations, public institutions and public transportation will be key targets … Continue reading China to promote electric vehicles
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Vestas continues to deliver solutions to very low wind speed sites in China
HECIC places order for 24 V100-2.0 MW wind turbines to be installed in Hebei province. Vestas has received an order totalling 48 MW, consisting of 24 units of the V100-2.0 MW turbine model, from Hebei Construction and Investment Group (HECIC), the leading infrastructure construction corporations in Hebei province. This order is the third Chinese order … Continue reading Vestas continues to deliver solutions to very low wind speed sites in China
Continue readingCheaper Chinese solar photovoltaic panels are not due to low-cost labor
A study of the photovoltaic industries in the US and China shows that China’s dominance in solar panel manufacturing is not driven solely by cheaper labour and government support, but by larger-scale manufacturing and resulting supply-chain benefits. But the researchers say a balance could be achieved through future innovations in crystalline solar cell technology, which … Continue reading Cheaper Chinese solar photovoltaic panels are not due to low-cost labor
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Vestas signs wind energy orders totalling 100 MW in China
Vestas has received two orders totalling 100 MW from Ningxia-based Hanas New Energy (Hanas), the leading regional natural gas supplier in China’s Ningxia Hui Autonomous Region (NHAR). Less than a month ago, Hanas ordered 50 MW from Vestas, which brought Hanas’ portfolio of Vestas turbines up to 250 MW. With today’s two additional orders, Hanas’ … Continue reading Vestas signs wind energy orders totalling 100 MW in China
Continue readingChina to subsidize photovoltaic
The National Development and Reform Commission issued new subsidy standards for distributed solar power generation projects, stipulating a 0.42 yuan (7 cents) subsidy for every kilowatt-hour of electricity produced by distributed photovoltaic, or PV, power units. The policy is the country’s first of its kind. Distributed PV power units were previously subsidized on a project-investment … Continue reading China to subsidize photovoltaic
Continue readingChina to subsidize solar power
China is to implement a new price structure for photovoltaic (PV) power stations — solar power — with a subsidy of 0.42 yuan (7 U.S. cents) per kilowatt-hours (KWH) to distributed projects, the country’s top economic planning body announced on Friday. The benchmark PV feed-in prices will be set at 0.9 yuan, 0.95 yuan and … Continue reading China to subsidize solar power
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Solar thermal industry to embrace new strategy in China
Solar thermal is experiencing an industrial reform, the iconic signal of which is the breaking of traditional industrial boundary as the leading solar companies are transforming and expanding toward integrated suppliers of thermal energy, thermoelectricity and multi-energy. In the 7th China New Energy International Summit Forum held recently, Xu Xinjian, Board Chairman of Solareast and … Continue reading Solar thermal industry to embrace new strategy in China
Continue readingChina’s legislators support renewable energy
China’s legislators on Monday called for greater support for the development of renewable energy industry which is facing obstacles in planning, purchase system, subsidies and technology. Development of renewable energy must be a priority, with clear goals, as China is suffering poor energy structure, environmental pollution and ecological degradation, said Chen Changzhi, vice chairman of … Continue reading China’s legislators support renewable energy
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Bringing wind power to China’s energy mix
Andreas DuBois has visited Shandong province’s coastal Qingdao city several times. But the 56-year-old wind-power expert recently had his first holiday there, courtesy of the Chinese government. The trip was to thank him for his contribution to the country. The one-week holiday is part of the Friendship Award, China’s highest honor for foreign experts. DuBois, … Continue reading Bringing wind power to China’s energy mix
Continue readingHow Chinese Firms Will Produce Solar Photovoltaic for 36 Cents per Watt
From the end of 2010 until the first quarter of this year, leading Chinese solar companies were able to drop the cost of manufacturing multicrystalline solar modules by 54 percent. Their ability to finally break the dollar-per-watt barrier in 2011 and continue moving costs downward through 2013 came from one simple factor: price crashes for … Continue reading How Chinese Firms Will Produce Solar Photovoltaic for 36 Cents per Watt
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China
Despite demonstrating a slowed growth rate, China will continue to be the largest wind power market in 2020, as it attempts to reduce its carbon footprint while increasing electricity production in rural areas, says research and consulting firm GlobalData. According to the company
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Vestas secures fifth wind farm in three years with leading Chinese regional gas supplier
Vestas has received a 50 MW order from Ningxia-based Hanas New Energy, the leading regional natural gas supplier in China’s Ningxia Hui Autonomous Region (NHAR). The order consists of 25 units of the V90-2.0 MW turbine model which is a well-known workhorse for Hanas New Energy and will be installed in Yanchi wind park in … Continue reading Vestas secures fifth wind farm in three years with leading Chinese regional gas supplier
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Rare earth exchange platform to begin trial run
Rare earth metals, a group of 17 metals, are vital for manufacturing high-tech products ranging from smartphones and wind turbines to electric car batteries and missiles. The Baotou Rare Earth Products Exchange, China’s first national trading platform of its kind, is expected to go into use on a trial basis in October. Trading systems are … Continue reading Rare earth exchange platform to begin trial run
Continue readingFirst tower-type concentrated solar power plant in China
The first tower-type solar thermal experimental power plant, under independent intellectual property rights in China, is ready to be connected to the power grid. The CSP plant has an annual output of about 1.95 million kilowatt hours. Launched in 2007 and finished in 2012, the plant, Badaling solar thermal experimental power plant, is in Yanqing county … Continue reading First tower-type concentrated solar power plant in China
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Tibet large wind farm to achieve breakthrough
Major wind farm developer Longyuan Power said Thursday that it has completed installing five wind turbines on a wind farm located about 4,900 meters above sea level in Tibet, making the farm the highest in the world. The company plans to install 33 wind turbines on the farm, which is located in Naqu Prefecture in … Continue reading Tibet large wind farm to achieve breakthrough
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BrightSource Energy Expands International Business with MoU for China
“The global market for CSP is expanding at a rapid pace and that is especially true in China,” said David Ramm, BrightSource Executive Chairman. With the hottest weather and highest power demand on record in Shanghai, BrightSource Energy, Inc., a leading concentrating solar thermal power technology (CSP) company, announced that it has signed Memorandums of … Continue reading BrightSource Energy Expands International Business with MoU for China
Continue readingChina, EU reach deal on solar photovoltaic
“After weeks of intensive talks, I can announce today that I am satisfied with the offer of a price undertaking submitted by China’s solar panel exporters,” EU Trade Commissioner Karel De Gucht said in a statement, referring to an agreement for a minimum price for China’s imports. “We found an amicable solution … that will … Continue reading China, EU reach deal on solar photovoltaic
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China eyes fivefold jump in solar power capacity
China is aiming for a fivefold increase in solar power generating capacity by 2015 to shore up domestic solar panel makers that are struggling with overcapacity. The country aims to install about 10 gigawatts of solar capacity annually from 2013-2015, bringing the total to more than 35 GW by the end of 2015, according to … Continue reading China eyes fivefold jump in solar power capacity
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