Wind Power

16pc increase in clean power capacity planned

16pc increase in clean power capacity planned

Industry regulator the National Development and Reform Commission said in its report at yesterday's opening session of the National People's Congress that it aimed to increase output from the four sources by 52.24 gigawatts this year. Installed hydropower generating capacity will increase by 21 GW, nuclear power capacity by 3.24 GW, wind power capacity by 19 GW and solar power capacity by 10 GW.

Wednesday, 6 March, 2013, 6:31am

BMW taps wind to maintain profit

The BMW i8 electric concept car at the Canadian International Auto Show. Photo: Xinhua

Four wind turbine towers will soon supply almost a quarter of the power used at Bayerische Motoren Werke's Leipzig plant, where the carmaker builds the X1 sport utility vehicle and soon the i3, its first electric car.

20 Feb 2013 - 2:52am

US breathes life, barely, into offshore wind

Critics say the US drive to develop wind power is hard to understand, given its huge reserves of coal, petroleum and natural gas. Photo: Reuters

Europe: 1,662 turbines; United States: 0. After delays that left the American industry years behind other nations, the first wind farm off the US coast should finally produce electricity by 2015.

11 Feb 2013 - 12:41pm 1 comment

Xinjiang Goldwind Science & Technology eyes market in Australia

Australia wants more wind power by 2020. Photo: Reuters

Xinjiang Goldwind Science & Technology, China's largest wind-turbine maker, is studying new projects to take advantage of Australia's 2020 renewable energy target.

18 Dec 2012 - 4:49am

China Longyuan seeks US$312m in share sale

Longyuan plans to invest half the proceeds from selling new shares in onshore wind power generation projects on the mainland. Photo: Xinhua

Mainland wind power producer China Longyuan Power said yesterday it would raise up to US$312 million selling new shares, joining the rush among liquidity-thirsty firms to place shares following the recent strong run of the Hong Kong market.

14 Dec 2012 - 5:01am

Mainland's wind potential blown away by power grid monopolies

Wind turbines are productive but grid operators need to install special equipment to handle their intermittent output. Photo: EPA

The mainland's wind power generators will reach their full potential only if the state-owned power distribution giants lose their monopolies, said the China director of the Global Wind Energy Council.

25 Oct 2012 - 4:53am

Mainland wind power industry undergoes painful shake-up

Local governments have allowed the rampant construction of wind farms in the past few years in order to meet their clean energy development targets. Photo: AP

The entire supply chain of the mainland's wind power industry - from the manufacturing of components to the generation of power - is undergoing painful rationalisation after years of overly rapid and disorderly expansion.

And the pain will not go away any time soon, analysts say.

20 Sep 2012 - 3:55am

CKI buys into Australian wind power distribution

Wind power is in growing demand in Australia.

Cheung Kong Infrastructure (CKI) plans to buy a power distribution business in Australia, its fourth in that country and the second overseas investment it has unveiled in just over a month.

4 Sep 2012 - 2:34am

6.6b yuan of wind power blown away in first half

Wind power producers in three northern regions on the mainland were forced to waste 6.6 billion yuan (HK$8.09 billion) of electricity generated in this year's first half due to chronic power grid capacity shortages, says the State Electricity Regulatory Commission.

15 Aug 2012 - 11:04pm

Swire sails into offshore wind farm market

Swire Blue Ocean has taken delivery of the biggest ship in the world specifically built to install offshore wind farm equipment in a move that marks the firm's entrance into the burgeoning global offshore wind farm market.

30 Jul 2012 - 12:00am

Huadian Fuxin powers to market in turbulent time

Huadian Fuxin Energy has been forced to tap the stock market at a tough time.

The clean energy flagship of China Huadian Group, the mainland's fourth-biggest state-owned power generator by capacity, is seeking a fresh injection of cash from a Hong Kong listing just as share market valuations are taking a battering from the global slowdown.

15 Jun 2012 - 12:00am

China Longyuan dives on share dilution fears

Shares in China Longyuan Power, the largest operator of wind power projects on the mainland, plunged by 11 per cent yesterday in response to its plan to issue more shares to fund wind and solar projects, which analysts said would dilute existing shareholders' interests.

15 May 2012 - 12:00am

Happy country has reasons to smile

Denmark plays a larger role in Hong Kong life than many people realise. It starts in childhood when many youngsters get their first taste of the construction industry via Lego, which has been a part of growing up in Denmark since the 1930s.

16 Apr 2012 - 12:00am

Wind gives big lift to Datang Renewable

China Datang Corporation Renewable Power saw its net profit increase 60 per cent year on year to 729.8 million yuan (HK$892 million) in 2011 due to the expansion in its wind-power capacity.

Huaneng Renewables, a direct competitor to Datang Renewable, meanwhile saw its net profit nearly double to 1.02 billion yuan last year, on a 80 per cent increase in sales.

20 Mar 2012 - 12:00am

Talking points

Our editors will be looking ahead today to these developing stories ...

Canto-pop legend serenades alma mater

8 Feb 2012 - 12:00am