Related News
Wind projects worth US$9.2b win nod
By Richard Fu |
December 21, 2012, Friday
|
Print Edition
Print Edition
CHINA has approved four major wind power projects whose investment totaled 57.2 billion yuan (US$9.2 billion) between August and September as part of efforts to boost the economy and develop the renewable energy sector.
The projects include a wind project in Chifeng, Inner Mongolia by China Datang Corp and one windmill farm complex in Hami, Xinjiang Autonomous Region, by 10 companies led by China Power Investment Corp, the National Development and Reform Commission said in statements posted on its website yesterday.
The top economic planning agency also gave the go-ahead to China Guodian Corp and seven other companies for their project in Jiuquan, Gansu Province, and to China Huadian Corp and six other firms for a project in Baotou, Inner Mongolia.
China has been the main growth driver of the world's wind industry for the last five years, but the phenomenal growth has outstripped the ability of the grid and system operators to manage it. In 2011, over 10 billion kilowatt hours of wind power were lost because the grid had no capacity to absorb it, according to the Global Wind Energy Council.
Analysts believe the Chinese wind power market is now entering a more steady development and refinement stage.
The NDRC has also approved other infrastructure projects, such as roads and subways, in recent months as the government seeks to revive growth.
The projects include a wind project in Chifeng, Inner Mongolia by China Datang Corp and one windmill farm complex in Hami, Xinjiang Autonomous Region, by 10 companies led by China Power Investment Corp, the National Development and Reform Commission said in statements posted on its website yesterday.
The top economic planning agency also gave the go-ahead to China Guodian Corp and seven other companies for their project in Jiuquan, Gansu Province, and to China Huadian Corp and six other firms for a project in Baotou, Inner Mongolia.
China has been the main growth driver of the world's wind industry for the last five years, but the phenomenal growth has outstripped the ability of the grid and system operators to manage it. In 2011, over 10 billion kilowatt hours of wind power were lost because the grid had no capacity to absorb it, according to the Global Wind Energy Council.
Analysts believe the Chinese wind power market is now entering a more steady development and refinement stage.
The NDRC has also approved other infrastructure projects, such as roads and subways, in recent months as the government seeks to revive growth.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
