Business information aggregator Bharat Book Bureau conducted a 2009 research report on cost and price of Chinese wind power equipment , specifically concerning wind power equipment investment. The report states that by the end of 2008, 11,638 sets of wind turbines have been installed in China with a total installed capacity of 12.17 GW. With the rapid development of China’s wind power industry, advanced and efficient wind power equipment will maintain a stable growth in market demand. But in recent years China has seen investment rush into mass action, repeat introduction, and redundant construction. Thus the Development and Reform Commission timely introduced some relevant control measures to inhibit wind power industry overcapacity.
Since August 1, 2009, the wind power electricity price benchmark in Chinese four resource areas will be 0.51 RMB (0.074 USD) kW/h, 0.54 RMB (0.079 USD) kW/h, 0.58 RMB (0.085 USD) kW/h, and 0.61 RMB (0.089 USD) kW/h separately. Researchers believe that the new pricing policy will have a favorable impact to enhance the operator’s profitability and stimulate the development of China’s wind power industry.
In the report is a detailed investigation and analysis on the costs, prices, and profit margins of wind turbines, blades, gear boxes, bearings, and other key parts. Researchers predict the trends of cost and price in the next few years and make feasibility analysis of some key projects. Also included is an analysis the prospects of wind farms operating in four wind resource areas for investors to make investment decisions and reference.
For more information visit: www.bharatbook.com
Filed Under: Policy