Wind Power Cheers up Foreign Investors

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  The wind power industry in China is undergoing crazy development in these two years. Some people said that the wind power industry in China has been haunted by the problem of surplus production capacity. However, the foreign firms consider it as a good opportunity to promote their supporting facilities for the wind power industry.
  
  The “Great Leap Forward” of the Chinese wind power industry attracted many related foreign companies to enter into this fevered industry. Denmark-based Vestas, which is the global leading enterprise in new energy, took the lead into China, just followed by Germany-based Freudenberg Croup. The company said at the beginning of November that it will expand its production base of wind power and renewable energy field and provide the relevant technologies. According to the plan, there will be two bases in Qingpu District, Shanghai and Taichang City, Jiangsu to be finished in 2010.
  The Chinese wind power market is in a chaotic situation after years’ crazy and unplanned development. At the end of 2005, there were 1864 sets of wind turbines installed in China, with the total installed capacity of 1.266 million kWh. 77.3% of the market shares of the wind power equipment manufacturing were taken by the foreign companies and the domestic manufacturers only took 22.7%. Many high-end technological devices and the design of domestic-made devices were monopolized by the foreigners.
  Therefore, the Chinese government set up the stipulations that the 70% of the installed wind turbines in this country must be made by Chinese domestic enterprises. The government wanted to make use of this policy to encourage the domestic enterprises to put more efforts into research and development and improve their products’ quality. According to Li Ye, head of Energy-saving and High-tech Equipment Department, the State Administration of Energy, in recent years the manufacturing of domestic-made wind turbines has not seen obvious progress in products quality and R&D strength; instead, the number of wind turbine manufacturers increased a lot. According to the statistics of the National Development and Reform Committee, there are 80 wind turbine manufacturers in China.
  Li Ye further pointed out that the high and low are mixed together among these wind turbine manufacturers. 20 of them have never been engaged in this business before. 30 of them have not produced more than 10 sets of wind turbines each year. Fewer than 10 enterprises can produce 100 wind turbines every year. Then, there are only 3 enterprises which can produce 1,000 wind turbines every year. They are Dalian Huarui Wind Power, Xinjiang Goldwind and Dongfang Electric Corporation.
  In a recently-held forum about manufacturing industry, Li Ye said that the stipulation that 70% of the wind turbines should be made in China may be changed or even cancelled in the future, with the aim of improving the companies’ commitment to improving their R&D strength. The foreign firms may be agitated and swarm into China, making the competition in the wind power industry more furious than ever before. “The huge amount of investments from Vestas in Tianjin is a good example,” said Li.
  Germany-based Freudenberg Group is also bullish on the Chinese wind power industry and new energy source. Hanno D. Wentzler, Representative of Freudenberg Group in China, said that in the first half of 2009, his company saw its business and profit grow at a double-digit pace in China compared with the same period of 2008. He also said that the new plants in Qingpu and Taichang will commit themselves to producing innovative products for the wind power generating plants.
  Wentzler thought that the Chinese government has decided to make this country surpass Europe in renewable energy by 2020. By then, about one fifth of demand for energy in China may be met by the wind power and solar energy. It is expected that the energy demand for China will increase a lot in the next few years.
  The expectation is possibly true. In the year of 2008, more than 5,000 wind power plants were established in China. However, the operation of the wind power plants has extremely strict requirements and standards for the materials and technologies. And the long-term functioning (8,000 hours per year) and their being exposed to the harsh environment like ozone and salty water make the expense of operating the power plants quite huge. The cost depends on the reliability of the facilities of the plants.
  According to the experts, if the wind turbines and relevant industries are opened to the foreign companies in the future, the Chinese domestic enterprises should try to find out a way to introduce and understand the new technologies and then to start the cooperation with the foreign firms, through which the innovation can be seen and the industrial upgrade can be finished. It is the same to the supporting facilities of the wind turbines.
  It is known that Freudenberg Group has already begun to provide its products for the wind power plants in Inner Mongolia, Gansu and Jiangsu. The categories cover the seal ring for high-tech sensor, intelligent units, specially-made lubricants and so on. From 2004 to 2008, this German company invested more than 1.65 billion yuan (USD 241.7 million) in the construction of manufacturing base and distribution organizations. In the year of 2008, its sales amount in China was 3.7 billion yuan (USD 542.04 million).
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