China

China

China Southern Grid launches wind consortium

CHINA: China Southern Power Grid, one of China’s two main state-owned power companies, has linked up with Ming Yang and Guangdong Yudean to enter the wind development and manufacturing sector.

The consortium includes Ming Yang Wind Power
The consortium includes Ming Yang Wind Power

The company has made its first foray into wind turbine development by leading a consortium of the energy sector’s chief players in the establishment of a new wind power enterprise.

The new company, Nanfang Haishang Fengdian Lianhe Kaifa was established by a consortium of nine companies.

The company will cover all segments of the wind power industry chain, from the manufacture of wind turbines to the development of wind farms. This distinguishes it from the limited involvement in wind power of the renewable energy company established by State Grid, China’s other main state-owned power company.

Analysts believe that the direct participation of China’s state-owned power companies in the wind power sector will facilitate the connection of wind farms to grids and reduce related risks and costs.

Others point out, however, that this may violate the principle of the separation of grid and generator ownership, which is a central tenet of China’s current round of energy sector reforms. 

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