Currently, the approved installed wind power capacity in Xilin Gol League is 376 ten thousand kW, and the grid-connected installed wind power capacity is 313 ten thousand kW, accounting for 33.3% of the league's total power installation. From January to 1-11 this year, the cumulative power generation in Xilin Gol League was 50.7 hundred million kWh, a year-on-year decrease of 3%. In 11, wind power generation was 6.47 hundred million kWh, a year-on-year reduction of 0.37 hundred million kWh, representing a decline of 5.4%. The decline for some enterprises exceeded 20%. Specifically, Beifang Longyuan Wind Power Zhurihe Wind Farm decreased by 90%, and Inner Mongolia Huadian Erenhot New Energy Co., Ltd. decreased by 22%.
Recently, the clean energy market research firm Navigant Research, headquartered in Colorado, USA, released a report stating that global wind turbine manufacturing capacity is severely oversupplied. Specifically, the report, titled "Global Wind Supply Chain Assessment 2014," states that in 2014, global demand for wind turbines was less than 47 GW, while wind turbine manufacturing capacity exceeded 71 GW. The report concludes that accelerated technological innovation and more refined production processes have led to more intense competition in the wind power industry. The aforementioned report analyzes the production capacity of more than 500
Foreign media report that plunging oil prices have always been seen as the bane of clean energy companies. The recent sharp decline in crude oil prices has also caused a steep drop in the share prices of some of the world's most well-known renewable energy groups. According to the UK Financial Times on 12 19, after OPEC decided not to cut production at the end of 11, the share price of Danish company Vestas plummeted—the current decline still reaches 11%, significantly underperforming the broader stock market. Vestas is the world's largest supplier of wind turbine generators. Two other stocks fell even more: Chinese solar panel giant Yingli Green Energy and
Energy structure adjustment is a major strategy and direction that China will continue to promote at an accelerated pace for a long time in the future. Along this main line, many investment opportunities will surely emerge, such as ultra-high voltage, new energy, and energy conservation and environmental protection. The 2015 Top 10 Predictions for the power equipment and new energy industry will also closely align with this main line. Prediction One: The first year of concentrated solar power, with industry policies to be rolled out successively. Concentrated solar power addresses energy storage, supporting the need for large-scale construction of new energy power stations in the northwest. Among the new energy sub-sectors next year, we are most optimistic about concentrated solar power, which is expected to bring sector-wide opportunities.
In the first half of this year, demand in sectors such as petrochemicals, electric power, metallurgy, and urban infrastructure continued to grow rapidly, driving high-speed development in the general machinery industry. According to statistics from the National Bureau of Statistics on 3449 enterprises above designated size in the national general machinery industry, by the end of 6, the total assets of the industry reached 1460 billion yuan, a year-on-year increase of 18.4%; the total industrial output value was 743.34 billion yuan, a year-on-year increase of 28.81%, of which the output value of new products was 102.8 billion yuan, a year-on-year increase of 25.5%; the industrial sales output value was 718
Recently, the National Development and Reform Commission (NDRC) released new onshore wind power feed-in tariffs in China. The benchmark feed-in tariffs for onshore wind farms in Class I, Class II, and Class III resource areas were reduced by 2 cents per kWh, adjusted to CNY0.49/kWh, CNY0.52/kWh, and CNY0.56/kWh, respectively. The benchmark feed-in tariff for Class IV wind farms remains unchanged at CNY0.61/kWh. These prices apply to projects approved after 2015-1-1, and to projects approved before 2015-1-1 but commissioned after 2016-1-1.
Since the second half of 2014, international crude oil prices have plummeted, international oil prices remain at a relatively low level, retail prices of refined oil products once experienced "thirteen consecutive declines", prices of fuel oil and liquefied petroleum gas (LPG) also fell following crude oil, the decline in these energy prices has almost eliminated the economic advantage of natural gas; the price of incremental natural gas is expected to be reduced in 2015. 2. Our analysis and judgment (I): The price of incremental gas since the price adjustment in 6 of 2013 is expected to be reduced. In the natural gas price adjustment notice issued by the National Development and Reform Commission in 6 of 2013, the incremental
Morgan Stanley issued a research report stating that mainland China's wind speeds in 1 were not strong enough. Longyuan (00916.HK) confirmed similar wind speeds in 2. Some wind power operators seem to lack confidence in achieving their originally planned installed capacity targets for this year. Commissioning schedules have been delayed, raising concerns that wind curtailment rates may rise. Therefore, Morgan Stanley maintains a neutral view on wind power stocks, noting that market expectations may be too high and difficult to meet. The firm also expects total wind power installed capacity this year to range from 20 GW to 116 GW, flat year-on-year. The bank noted that last year's wind speeds were below the historical average, and average wind power utilization
On the evening of 4 month 1, Jinshan Shares disclosed its annual report. In 2014, the company achieved operating revenue of 46.12 billion, a year-on-year increase of 4.52%. The net profit attributable to shareholders of the listed company was 2.76 billion, a year-on-year increase of 28.29%. On the same day, the company announced that it plans to increase investment in multiple projects, including wind power and hydropower, to strengthen and expand its core business. Data shows that in 2014, the completed power generation was 139.63 billion kWh, a year-on-year increase of 5.53%; the completed grid-connected power volume was 12,6.45 billion kWh, a year-on-year increase of 5.35%; heat supply volume
Recently, the National Energy Administration issued the "Notice on Doing a Good Job in Wind Power Grid Connection and Consumption for 2015," pointing out that demonstration work such as clean wind power heating carried out in recent years in provinces like Jilin, Inner Mongolia, and Hebei has achieved good results. However, it is necessary to comprehensively analyze the current status of wind power grid connection operation and heating demand in the region. In areas with suitable conditions, combined with new city construction and new urban area development plans, measures should be adapted to local conditions to further improve systems and mechanisms, actively promote the application of clean wind power heating technology, and focus on solving the consumption needs of existing wind power projects in surrounding areas. According to
