China has firmly established itself as a world's leader in the wind energy sector. And this leading position covers all key indicators, including the total installed capacity and the share of the annual growth of installed capacity. Launching a major wind power programme in the country made it possible for Chinese companies to take the lead also on the market of wind turbines manufactures.
However, the sharp capacity growth across all types of renewable energy demands the involvement of foreign resources in addition to the resources of domestic companies. The annual increase of RES in China is about one half of the global capacity.
Best-known global brands in the wind energy sector such as Vestas, Siemens and GE announced their plans to take an active part in achieving China's ambitions.
For instance, Vestas will be building wind turbines for the projects scheduled for 2017 and 2018 in the mountainous districts of Eastern China. It is known that forty V110 wind turbines with 2 MW installed capacity will be supplied as part of the project for the construction of a highland wind farm Licun Town (not far from the city of Heze, Shandong Province). The Danish manufacturer will install turbines on immense 137 meters high towers.
The project board comment on the involvement of the European company, "Vestas's vast experience and state-of-the-art technologies will let us generate energy from wind at high altitudes with maximum efficiency, and the cost of our electricity will be commercially viable".
As for Siemens and GE, they intend to build for the Celestial Empire offshore wind farms that do not require valuable land plots for production needs. The development of offshore wind energy involving professionals in the field will make it possible to use the colossal potential of the continental shelf sites, where China plans to build at least 10 GW of new installed capacity by 2020. Recently, the cost of offshore wind generation has decreased at a rapid pace, and one might say that these two companies are mostly responsible for this.
Jerome Pecresse, Director General of GE Renewable Energy stated, "In Chinese projects our company will achieve the cost of one kilowatt of offshore wind energy lower than the cost of thermal or even solar energy".
So, one can observe that the scope of the construction of wind farms in China appeals to many companies specializing in this area. In its turn, China decided that it was practicable to grant access to foreign manufacturers to its share of the wind energy market only for the most technically challenging projects. In other words, these are the projects where Chinese companies do not yet have sufficient experience to ensure effective implementation of the technical and economic components.