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Based on the Chinese Wind Energy Association (CWEA) installation figures for 1H 2015, China saw a 40.8 percent growth compared to the same period in 2014. According to the CWEA, the key driver for the growth is the change in onshore Feed-in tariffs (FiT) announced by the National Development and Reform Commission (NDRC) in January 2015. Developers and investors rushed to deploy wind turbines in order to capitalize on the existing rate.

In this Spark – Energy Insight Rush to Capitalize on Higher FiTs Puts Chinese Grid Further Under Strain, FTI Intelligence examines the challenges facing the Chinese wind industry despite domestic market growth, including increasing unconnected wind power capacity and weak growth rate of electricity demand.

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