Posts Tagged ‘China’s’

China’s wind power capacity continues to grow in Q1

China's installed wind power capacity continued to grow in the first quarter this year, according to the National Energy Administration . China had 151 million kilowatts of installed wind power capacity as of the end of the first quarter, up 13 percent year on year. View full post on Wind Power News

China’s coal consumption falls for 3rd year in a row

China's consumption of coal fell in 2016 for a third year in a row, official data showed Tuesday, as the world's top polluter increasingly grapples with its massive pollution challenges. The National Bureau of Statistics said coal consumption fell by 4.7 percent last year, according to preliminary calculations. View full post on Wind Power News

Why China’s Largest Windfarm Almost Never Generates Any Power

Wind turbines used to generate electricity are seen at a wind farm in Guazhou, 950km northwest of Lanzhou, Gansu Province September 15, 2013. REUTERS/Carlos Barria China is only using about 40 percent of a huge 7,000 turbine wind farm in a rural region due to low demand and technical difficulties, according to The New York […]

China’s wind farm giant Goldwind signs JV with Apple

Wholly-owned subsidiary Beijing Tianrun New Energy Investment agrees to transfer its 30pc stakes in four project companies to US tech firm Xinjiang Goldwind Science & Technology, the world's largest wind power turbine maker, has struck a joint venture agreement with Apple to supply clean energy to the American technology giant's production partners in China. The […]

China’s grid-connected wind power capacity increases

China's grid-connected wind power capacity continued to pick up, but the utilization rate was waning after years of capacity expansion, the latest data from the National Energy Administration showed. China's total installed capacity of wind power generation facilities connected to the power grid reached 139 million kilowatts by the end of September, up 28 percent […]

Here Are Some Incredible Figures About the Profitability of China’s Wind Energy Companies

The South China Post reports some incredible figures about the profitability of China's wind energy companies. A new study by the Bank of China International is foreseeing profits of 25 to 64 percent for the rest of 2016. View full post on Wind Power News

China’s electric vehicle industry shaken by scandal

China's electric vehicle industry, a flagship for Beijing's technology ambitions, has been rocked by scandal after five companies were caught collecting millions of dollars in subsidies for buses they never made. The affair of the phantom buses has prompted questions about whether the ruling Communist Party's financial support to an industry it is spending heavily […]

Trouble in Renewable Energy Spotted in China’s Idled Wind Farms

The nation's clean-energy investment binge has made it the world leader in wind, accounting for about one in every three turbines currently installed, according to the Global Wind Energy Council. In turn, Xinjiang Goldwind Science & Technology Co., which makes the machines, has pushed past its western rivals such as Vestas Wind Systems A/S and […]

China’s offshore wind power plans lag, 2020 target under threat

BEIJING, June 24 China is lagging far behind its target to boost the country's offshore wind power capacity due to technical problems and high costs, which in the absence of more state subsidies could dent its plans to install 10 gigawatts by 2020, developers said. China is the world's top generator of electricity from wind […]

China’s Ming Yang in Pact for Going Private Amid Price Slump

China Ming Yang Wind Power Group Ltd.agreed to be taken private for about $408 million by a group of investors including Chief Executive Officer Zhang Chuanwei, the third example in the past year of a major Chinese renewable energy company seeking to abandon its Wall Street listing. The company said the group will pay $2.51 […]