NDRC approves four large renewable energy projects
One of the projects is the Jiangsu Rudong Wind Power Phase II expansion, which will be built and operated by Jiangsu Longyuan Wind Power Company Limited, a subsidiary of China Guodian Corporation. The project will have a total installed capacity of 100.5 megawatts (MW) and 67 wind turbines.
China Huadian Corporation received approval for the Guyuan Windfarm project in Hebei province. This project will also have a total installed capacity of 100.5 MW and 67 wind turbines.
Beipan River Power Company Limited, a holding subsidiary of Guizhou Qianyuan Power Company Limited, will built and operate the 880-MW Dongqing Hydropower project, which will be located on the mainstream of the Beipan River in Guizhou. The project will have four 220-MW Francis turbine-generating units with a designed annual power output of 3.04 billion kilowatt-hours. This project is estimated to cost about $941 million.
The fourth project is the 920-MW Luding Hydropower project, located on the mainstream of the Dadu River in Sichuan province. The project will be built and operated by Sichuan Huadian Luding Hydropower Company Limited, a holding subsidiary of China Huadian. This project will have four 230-MW Francis turbine-generating units.
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New clean energy investment in developing nations slipped sharply last year: report
BEIJING - New clean energy investment slid by more than a fifth in developing countries last year due to a slowdown in China, while the amount of coal-fired power generation jumped to a new high, a recent annual survey showed.
Bloomberg New Energy Finance (BNEF) surveyed 104 emerging markets and found that developing nations were moving towards cleaner power sources, but not fast enough to limit carbon dioxide emissions or the effects of climate change.
New investment in wind, solar and other clean energy projects dropped to $133 billion last year from $169 billion a year earlier, mainly due to a slump…
