Chinese Wind Market Player

Mr Otgontugs

2010.9.3

China's wind power policy

• Wind power concession system

• Wind power fully connect to Grid

• The People's Republic of China Renewable Energy Law made – Clear power grid and the power company's responsibility

and obligation

– Tax incentives, Three-year exemption and three-year half

– Fixed Wind Energy Price

China's wind power policy cont’d

• Local equipment to reach 70% for New farm,

– Localization rate does not meet the equipment requirements do not allow construction of wind farms,

– Imported equipment for the Customs to pay taxes.

• Special funds for renewable energy development management practices

– By 600 yuan / kW to supplement for first 50 wind turbine

China wind sector advantage

• Growing power demand

• Rising coal and energy prices

• Strong state support

• China may spend about 5 trillion yuan ($738 billion) in the next decade developing cleaner sources of energy

China wind sector disadvantages

• Power grid construction delay

• Lack of advanced technology

• Imperfect state policy system

• Shortage of funds, financing capacity is weak

• Costs continue to rise

• Wind power has not yet formed a complete industrial chain.

Wind projects in 2009 Scale MW

Company Installed capacity MW

Market share %

> 1000 Guodian ( big 5 ) 2600.4 18.8%

Datang ( big 5) 1739.85 12.6%

Huaneng ( big 5) 1644.75 11.9%

Huadian (big 5) 1230.05 8.9%

China Guangdong Nuclear ( giant) 854.45 6.2%

500 - 1000

Beijing Energy Investment (domestic) 797.5 5.8%

Guohua (giant) 590.25 4.3%

CECEP Wind Power Investment (domestic) 400.25 2.9%

CR Power HK ( giant) 309.75 2.2%

Tian Run (domestic) 309.25 2.2%

China Wind Power (HK enterprise) 295.5 1.2%

Hebei Constraction New Energy (Domestic) 160.4 1.1%

Total ( 13803.21 MW ) 10931.9 79.2%

Wind power of China's provinces No Province Cumulative

MW ( 2008 ) New added MW ( 2009)

Cumulative MW (2009)

%

1 Inner Mongolia Auth reg 3650.99 5545.17 9196.16 35.6%

2 Hebei 1107.7 1680.4 2788.1 10.8%

3 Liaoning 1244.26 1201.05 2425.31 9.4%

4 Jilin 1066.46 997.4 2063.86 8%

5 Heilongjiang 836.3 823.45 1659.75 6.4%

6 Shandong 562.25 656.85 1219.1 4.7%

7 Gansu 639.95 548 1187.95 4.6%

8 Jiansu 645.25 451.5 1096.75 4.3%

9 Xinjiang 576.81 443.25 1002.56 3.9%

10 Ningxia 393.2 289 682.2 2.6%

Other 1296.43 1167.13 2463.56 9.5%

Total 12019.6 13803.2 25805.3 100%

Major players in China Wind

• Seven Wind bases in 6 province

• Big Five : Huaneng , Datang, Huadian, Guodian, and China Power Investment

• Four Giants: SDIC, Guohua, CR Power, and CGN

• Two Grid: State Grid and Southern Power Grid

• Hong Kong Enterprises

• Domestic Companies

• International Investors

1

2 3

4

5

6.a

6.b

Seven Wind Base

1. Gansu Jiuquan

2. Xinjian Hami

3. Jilin

4. Hebei

5. Jiangsu

6. Inner Mongolia

6.a West and 6.b East

• Total capacity will be 58GW (by 2015) to 90GW( by 2020)

• Operate 154 power stations

• Capacity 104GW

• Provide 10% of China Electricity

• One of Fortune 500 company

• Listed SEHK: 0902, SSE: 600011, NYSE: HNP

Big Five: CHINA HUANENG

Type State-owned enterprise

Industry Power generation

Founded 1985

Founder(s) J Wen

Headquarters 40 Xueyuan Nanlu, Beijing, 100082 , China

Area served People's Republic of China

Key people Chairman: Mr. Cao Peixi

Revenue 21,780.7 ($ millions)

Employees 102,569

Subsidiaries Huaneng Power International

Website China Huaneng Group

Big Five: China Datang

Type State-owned enterprise

Industry Power Generation

Founded 1994

Headquarters Beijing, China

Area served People's Republic of China

Key people Chairman: Mr. Di Ruoyu

Revenue 22,294 $ millions

Website Datang International Power Generation Company

• managed 17 power companies

• installed capacity 100 GW

• Listed SEHK: 991,SSE: 601991,OTCBB: DIPGY

Big Five: China Huadian

Type State-owned enterprise

Industry Power generation

Founded 1994

Headquarters Jinan, Shandong, China

Area served People's Republic of China

Key people Chairman: Mr. Chen Feihu

Parent China Huadian Corporation

Website Huadian Power International

• registered capital of RMB 12 billion

• power out over 400 billion kW/h

• installed capacity 80GW

• Listed SEHK: 1071,SSE: 600027

Big Five: Guodian

Type State-owned enterprise

Industry Power generation

Founded 1992

Headquarters Beijing, China

Area served People's Republic of China

Key people Chairman: Mr. Zhou Dabing

Website GD Power Development Company

• total assets to 41.8 billion USD

• Installed capacity 82GW

• power out over 353 billion kW/h

• Listed SSE: 600795

China Longyuan Power (SEHK: 916)

• is the largest wind power producer in China and Asia.

• is a subsidiary of the state-owned China Guodian

• started to build Shantou Fuao Wind Farm in 1994

• was successfully listed on the main board of HKEx

• power capacity was 4503.5 MW (Dec. 31, 2009)

• ranking fifth in the world and first in Asia

• Website www.clypg.com.cn/en

Big Five: China Power Investment

Type State-owned enterprise

Industry Power generation

Founded 2002

Headquarters Beijing, China

Area served People's Republic of China

Key people General Manager: Mr. Lu Qizhou

Website China Power Investment Corporation

• registered capital of RMB 12 billion

• installed capacity of 60GW

• 24 large operating power plants

• Listed SEHK: 2380

Four Giant: SDIC

• was established on 5 May 1995

• 60,000 employees

• registered capital of US$ 2.4 billion

• Operation revenue US$ 6.2 billion in 2008

• has cooperated with international companies as Standard Chartered Bank, UBS and HVB.

• Listed SSE: 600886

• www.sdicpower.com

Four Giant: Guohua Power

• was established on 1998.

• Operating 26 companies, 2200 employers.

• Currently the leading wind power investment and development operator

• Have 14 wind farms, with capacity 1GW

• Cooperate with AES in wind project

• Listed 1088.HKEX

• www.guohua.com.cn

Four Giant: CR Power (HK)

Type State-owned enterprise (Red chip)

Industry Power Generation

Founded 2001

Headquarters Hong Kong, China

Area served China

Key people Chairman: Mr. Song Lin

Parent China Resources

Website China Resources Power Holdings Company Limited

• is a flagship subsidiary of China Resources (Holdings)

• Installed Capacity 15,755MW

• owns 29 coal fired power station and 14 clean and renewable energy projects

• Listed (SEHK: 836)

• www.cr-power.com

Four Giant: China Guangdong Nuclear

Type State-owned

Founded 1994

Headquarters Shenzhen People's Republic of China

Area served Guangdong province

Products Nuclear power

Owner(s) State Council

Parent SASAC

Website www.cgnpc.com.cn/

• Operating more 20 companies

• is aiming into a world top clean energy corporation

• Total installed generation capacity of 1000MWe.

• 16 wind projects under construction

CGNPC Wind project

State Grid

Type State-owned enterprise

Industry Power generation

Founded 2002

Headquarters Xicheng District, Beijing, China

Area served People's Republic of China

Key people Liu Zhenya (President & CEO)

Products power generation energy infrastructure

Services electricity network network generation

Operating income RMB 721.4 Billion (2005)

Net income RMB 14.4 Billion (2005)

Employees 1.502 million employees

Website sgcc.com.cn/ywlm/default.shtml

• manage and owns 5 regional power grid company and 24 province power companies

• has signed cooperation agreements with power corporations in Russia, Kazakhstan and Mongolia.

• was ranked the 40th in the Fortune Global 500 in 2005.

Relatively Independent Regional Power Grid

HK enterprices

• China Wind Power, HK

• HK Energy

• China Power Newenergy, HK

• Century Concord Holding HK

• GCL-Poly

China WindPower Group LTD

• has invested more than 20 wind farms

• Listed SEHK: 0182

Type EPC, operation and maintenance of wind power plants

Industry Power Generation

Headquarters Admiralty, Hong Kong.

Area served China

Key people Chairman and CEO : Mr. Liu Shunxing

Website www.chinawindpower.com.hk

HK energy

Type EPC, operation and maintenance of wind power plants

Industry Power Generation

Headquarters Hong Kong. China

Area served China

Key people CEO : Mr. OEI Kang, Eric

Parent HKC (Holdings) Limited ("HKC"),

Website www.hkenergy.com.hk

• currently developing two wind power projects in China

• owns and operates two wind power stations

• Developing 160 MW and 201 MW of wind power project in China.

HK Energy Wind rojects

China Power New Energy

• Development of environmentally-friendly energy projects, including wind power

• Listed HKEx Stock Code: 00735

• www.cpne.com.hk

CCH HK

• Wind power, including: wind power plant investment and operation; wind energy services business,

• is a subsidiary of the China WindPower Group

• Has invested in 5 wind power plants in China, investment holding in 4 wind power service company and 2 wind equipment company.

• www.cch-energy.com

Domestic Companies

• CECEP wind power investment

• China Water Investment

• SinoHydro

• Beijing Energy Investment

• Ningxia Fadian

• Shandong Luneng

• Beijing Tianrun New Energy

• Hebei Construction New Energy

• Hanergy

CECEP wind power investment

• is a state-owned enterprise

• established in 1988 in response to the second oil crisis

• has 172 wholly owned and holding subsidiaries

• has accumulated the installation capacity of 1.5 GW wind power projects commissioning or under construction

• Website: www.cecic.com.cn

Country City

Name Manufact

urer Turbine

Number of turbines Power

Operator

China Urumqi

Tuoli (CECIC)

GE 1.5se

20 turbine 30000 kW

ND

China Urumqi

Tuoli (CECIC)

DEC FD70-1500

20 turbine 30000 kW

ND

China Water Investment

• was established in 1985 • Major areas for

investment are those areas as water conservancy and hydro power, municipal and township water supply, renewable energy, dredging and environment projects

• Has wind farm resources with capacity 2000 MW

• www.cwic.com.cn/en

Country City

Name Manufact

urer Turbine

Number of turbines Power

Operator

China Chaganha

ote Lingxia

Goldwind S50/750

30 turbine 22500 kW

ND

China Chaganha

ote Lingxia

Goldwind S50/750

10 turbine 7500 kW

ND

SinoHydro

• was founded in 1950 and is based in Beijing, China

• Ranks 41st on the 2010 ENR list of Top 225 International

Contractors

• SINOHYDRO New Energy Development Co.,Ltd , a subsidiary company of the SINOHYDRO, investing wind project

• Website: eng.sinohydro.com/en/

Country City

Name Manufact

urer Turbine

Number of

turbines Power

China Changling

Xian Sinovel GTW

1500KW

32 turbine

48000 kW

China Changling

Xian Sinovel GTW

1500KW

1 turbine 1500 kW

Beijing Energy Investment

• established on December 8th of 2004 • is a large state-owned investment

enterprise • has 21 projects in operations • Total capacity of electricity totals

12.5GW • invests two listed companies in the

electric power sector, Beijing Jingneng Thermal Power (600578.SH) and Datang (0991.HK and 601991.SH).

• has acquired 16 new projects for wind-powered electrical generation, with installed capacity at 897 MW

• www.powerbeijing.com

Country City

Name Manufactur

er Turbine

Number of turbines Power

China Zhengxiang

bai Qi

Baoligentaohai

ND ND

2 turbine 3000 kW

China Qahar Youyi

Zhongqi Dayangpuzi

Goldwind S48/750

79 turbine 59250 kW

China Qahar Youyi

Zhongqi Dayangpuzi

Goldwind S48/750

55 turbine 41250 kW

China Guanting

Duanzhuang

Goldwind GW77/1500

33 turbine 49500 kW

Ningxia Electric Power Group

Country City

Name Manufacturer

Turbine

Number of turbines Power

Operator

China Taiyangshan

Hongdunzi Goldwind S50/750

60 turbine 45000 kW

ND

China Qingtongxia

Shaogang Gamesa G58/850

48 turbine 40800 kW

ND

China Qingtongxia

Shaogang Vestas

V52/850 5 turbine 4250 kW

ND

China Qingtongxia

Shaogang Vestas

ND 31 turbine 26350 kW

ND

China Qingtongxia

Shaogang Gamesa G58/850

36 turbine 30600 kW

ND

China Qingtongxia

Shaogang Nordex

ND 26 turbine 39000 kW

ND

China Qingtongxia

Shaogang DEC

FD77-1500 7 turbine 10500 kW

ND

China Qingtongxia

Shaogang Goldwind

GW82/1500 1 turbine 1500 kW

ND

• Installed capacity is 143.5 MW in 2009

Shandong Luneng

Country City

Name Manufactur

er Turbine

Number of turbines Power

China Laizhou

Diaolongzui ND ND

12 turbine 15000 kW

China Laizhou

Diaolongzui Dewind

D6 2 turbine 2500 kW

China Laizhou

Houpabu Sinovel

FL1500/77 21 turbine 31500 kW

• Established in 2003

• Installed capacity is 102.25 MW in 2009

• www.lunenggroup.com

Beijing Tianrun New Energy

• a fully-owned subsidiary of the listed Xinjiang Goldwind (Code: 002202)

• was established in Beijing in April 2007 with a registered capital of 330 million yuan

• total planned capacity over 25000MW

• www.tianrun.cn/en

Buerjin Wind Farm

Tacheng Wind Farm

Keshiketengqi Wind Farm

Damao Wind Farm

Shangdu Wind Farm

Wulatezhongqi Wind Farm

Wulatehouqi Wind Farm

Hebei Construction New Energy

• was established in 2006

• a wholly owned subsidiary of Hebei Construction & Investment Group Co., Ltd (HECIC)

• Has 5 wind farms , with capacity 210MW

• Listed SSE : 000600

• www.hecic.com.cn

Hanergy

• incorporated in 1994, is headquartered in Beijing

• having its subsidiaries and branches in over 10 provinces of China and the US, UK, Netherlands and Hong Kong.

• established New Energy Research Insitute in 2004

• has developed a large number of new energy power projects.

• www.hanergy.com

International Investors

• Tang Energy US

• Airtricity China

• Ecolutions De

Tang Energy US

• has been creating clean energy projects in China since 1996.

• has Beijing office

• Tang Energy Receives Chinese Government Investment for Wind Farm

• www.tangenergy.com

Airtricity China

• the Irish wind farm group which is being bought by Scottish & Southern Energy (SSE).

• Now in North America, Europe, China for wind power business

• A world-class management, operational capacity

• From 2004 to enter the Chinese market, has 8 wind farms in Inner Mongolia, Hebei

• www.airtricity.com

Ecolutions De

• Joined with Hangzhou Ruixin Technology, Environmental Protection Science Design Institute of Zhejiang Province and established Zhejiang Ecolutions joint venture company

• Technical advice, management, research and development, investment and financing and international cooperation in CDM project

• www.ecolutions.de

China Wind project investment

Power MW

Date Wind farm Company Investment million USD

50MW 2008.4.09 Guohua Chifeng Guohua 71.4

2008.5.23 CECEP Zhangjiakou CECEP Wind power 57.2

2009.1.21 CR Liudaokou CR Power (HK) 78.6

100MW 2008.6.12 CECEP Zhangbei CECE Wind Power 114.3

2008.6.10 Luneng Baokang Shandong Luneng 138.6

2008.6.11 Kangbao Muchang SDIC Power 142.8

150MW 2008.6.13 Chengde Weichang Hebei Const, New energy 198.6

200MW 2008.9.27 Guihua Shangyi Guohua New Energy 271.4

China Wind Organizations

• China wind energy Association • China Renewable Energy Society • China Renewable Energy Information Network • Professional Association for China's Environment • China Renewable Energy Industries Association • China New Energy Network • Energy Research Institute • China Renewable Energy Development Center • China Renewable Energy Industries Association

Wind Events in China Name Venue Date

China Wind Power 2010 Beijing, China Oct.13-15, 2010

Smart Grid China Summit 2010 Beijing April 22nd-23rd

the 4th China New Energy International Forum & Expo

Beijing, China Jan.20-22

BIPV Summit 2009 Shanghai, China 2010.01.21-22

World Clean Energy Exhibition · China 2010 Beijing, China Sep.28-30, 2010

China EPower Shanghai, China Apr.21-23, 2010

Clean Coal 2010 Tianjin, China Jan. 27-29, 2010

BIPV Summit 2009 Shanghai, China Jan.21-22

Offshore Wind China 2010 Exhibition Shanghai, China June 7-9, 2010

It happen in Inner Mongolia

• Date 2010.7. 14

• Operator CGN

• Manifacture: DEC

• Location: Shiliin Gol ,

Inner Mongolia