Articles from Asia
Sinovel's rapid growth has been accompanied by a decline in market share ...shares of Sinovel now sell for 50% of the price they fetched when the dispute with AMSC became public; the company enters this year under financial pressure; this pressure has necessitated Sinovel to return to financial markets to supplement its working capital, despite a blockbuster IPO in 2011.
Society for the Protection of Nature in Israel says that if plans go through to build turbines in the Golan, northern Negev and Eilat mountains, they will place the open areas there at risk and dramatically change the landscape.
But Trinity claims that Suzlon failed to take delivery of its obligated number of wind towers in 2010 and 2011. Suzlon has also not secured 2012 and 2013 production space for its obligated purchase of wind towers, the company said.
At Katana Summit, Kevin L. Strudthoff, the president and chief executive, said that his industry's problem was probably similar to the situation of the domestic solar panel industry. In fact, the American wind industry is also subsidized, mostly through a production tax credit, but by all accounts the scale of Chinese subsidies is far larger.
Li Qinghai, an engineer with the Water Statistics Bureau in Xilingol League, said the precipitation data collected by the bureau showed that adjacent to big wind farms there was an obvious decline in annual rainfall since 2005 - in some areas by as much as 80 per cent. "The issue is often overlooked as much of Inner Mongolia is suffering an unprecedented drought," he said. "But after spending more than two decades studying the rise and fall of water levels in the region, I have a strong feeling that the wind turbines are playing a disruptive, if not destructive, role in this, because the droughts in these areas developed much faster than in the turbine-free regions."
But no definite way to solve the problem is in sight and operators of these windmills are struggling to cope with lightning-caused breakdowns that threaten their operations. On Oct. 2, a fire broke out at the Sarakitomanai wind farm in Wakkanai.
Liu Qi, Deputy Director of the National Energy Administration (NEA), said, "The accidents took place partly because we had emphasized the construction of wind farms on a large scale but neglected product quality and management." After these accidents, SERC carried out a comprehensive check of the wind power farms nationwide in August, focusing on the safety management.
Sinovel adds that "macroeconomic cyclical fluctuations as well as delays to some project approvals impacted sales revenues and also caused a relatively large increase in management costs". Management costs went up 78% to 288m yuan.
Tokyo Electric Power Co will sell part of its stake in Japan's biggest wind power developer, the troubled utility said on Tuesday, as it looks to raise funds to compensate those affected by the ongoing crisis at its crippled Fukushima nuclear plant.
In interviews, executives at top Chinese and foreign wind companies said many Chinese turbine makers would be squeezed out by the slowdown. One European turbine maker executive, who did not wish to be named, said the Chinese market was facing a "bloodbath".
The ceremony, to commemorate the installation of the turbine, was disrupted when the arm of the 1,000-ton crane, toppled and fell down suddenly in a trial operation to lift a wind turbine.
Jiuquan City in Gansu, a crane owned by Sinovel Technology (Gansu) Ltd. collapsed killing five people and injuring another. Jiuquan City Information Office informed the media of the accident.
Three fire engines arrived at the scene, but after surprisingly discovering that their hoses were too short to reach the 66-meter-high wind turbine, they remained on site until the fire extinguished itself in about four hours.
The administration of U.S. President Barack Obama hopes it can reinvigorate the country's sluggish economy and spur job growth in part by bolstering the U.S. renewable-energy industry. Chinese companies undercut U.S. rivals on price because they get generous subsidies from the Chinese government. Under pressure from the Obama administration, China in June agreed to end many subsidies for its domestic wind-power-equipment manufacturers.
Local environmental authorities ordered the PV cell plant to be closed while investigations take place. It has failed a number of environmental waste tests since April when high levels of flouride were found in the river, according to local reports.
According to the investigation by the environmental protection bureau, the fluoride in the water taken from a river near JinkoSolar's plant was 10 times higher than the recommended limit. Residue from the plant that rushed into the river in heavy rains.
"AMSC believes that Sinovel illegally obtained and used AMSC's intellectual property to upgrade its 1.5 megawatt wind turbines in the field to meet proposed Chinese grid codes and to potentially allow for the use of core electrical components from other manufacturers."
The nation seems to be sticking with nuclear power, at least for now. Unlike Germany, which accelerated plans to phase out atomic energy after Fukushima, Japan shows no signs of doing so. In recent days, utilities began newly mandated earthquake and tsunami stress tests, a first step toward restarting reactors idled for maintenance.
The blade became detached from the G5X-850 850kW turbine earlier this week. Reports suggest the stray component hit a transmission line. The turbine was installed around three years ago and is part of a wind farm in southern India operated by Pioneer Wincon.
Green energy used to be Germany's great hope for its economic future. But now the German solar industry is in trouble amid huge losses, job cuts and the threat of bankruptcies. Chinese firms are gaining an ever greater share of the German market -- and are benefiting from German subsidies for renewable energy.