Guangdong Electric Development Co. Ltd, investor and operator of 12 thermo, 8 hydro, wind and LNG power plants in Guangdong province, is investing on a new wind farm project in the west of the province, using the CDM framework.
The project is entitled “Guangdong Zhanjiang Yangqian 49.5MW Wind Power Generation Project”. The objectives of the proposed project are (1) to generate electricity using state-of-the-art wind power generation technology and to sell it into China South Power Grid, thus achieving the annual CO2 emission reduction of 70,662 tons CO2 equivalent. (2) to generate electricity by tapping wind resources, and to contribute towards the government’s goal of increasing wind capacity according to the Renewable Energy Law of P. R. China, which was approved recently.
Guangdong Electric Development Co. Ltd, is looking for a competent CDM buyer for this project. The British Consulate-General in Guangzhou has a very good working relationship with the company who provided the PIN document of this CDM project upon our request.
The company concluded a CDM contract in 2006, which was about a 100MW wind power project packaged with an LNG project (3X350MW). The CER buyer was a Japanese partner Tokyo Electric Power Company, Incorporated.
Guangdong province in South China, the most affluent province in the country and one of China's manufacturing bases, contributes over 10 per cent to the national GDP and one third to the national import & export volume.
Language to respond in
English
Advice to UK supplier
UK CDM companies are advised to contact the person in charge of the project, informing the responsible UKTI officer in British Consulate-General in Guangzhou (rachel.huang@fco.gov.uk) on progress made. The UKTI officer is happy to provide further assistance to UK companies showing interest.
Background Information on Company/Purchasing Organisation
Number of Employees
500+
Years established
> 3 years
Already Importing?
Yes
Details about the Buyer/Market
Guangdong Electric Development Co. Ltd was established in 1992 and listed in Shanghai Stock market as Share A and Share B. Its main business is power generation with a total installed capacity of 3,285MW. Thanks to the refinancing function in the stock market, its business expanded very quickly and it even set its great target of doubling its power capacity within three years. Meanwhile, the company plans to develop more and more renewable energy projects in hydropower and wind power.
The company has appointed its Hong Kong registered branch - Upper Horn Investments Ltd, for negotiating and undertaking CDM businesses.
Overseas Company Contact Details
Mr WANG Hui
Upper Horn Investments Ltd.
18th Floor, YuDean Plaza, 2 Tianhe East Road,
Guangzhou, Guangdong 510630, China
Guangzhou
China
510630
Telephone: (86 20) 8513 8202/8203
Email: wanghui@upperhorn.com, gzwanghui@hotmail.com
UK Trade & Investment Contact: rachel.huang@fco.gov.uk
Source UKTI
