日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

US EUROPE AFRICA ASIA 中文
Business / Green China

Winds of change at turbine maker

By Lyu Chang (China Daily) Updated: 2013-10-18 08:08

Winds of change at turbine maker
Sinovel Wind Group Co Ltd displays its equipment at an international expo in Beijing. Sinovel, which used to be China's top player with the biggest share of 25 percent of wind installations, saw its share fall to 9.3 percent in 2012. [Photo / China Daily]

A leading wind-turbine manufacturer, Sinovel Wind Group Co, said on Thursday it would dispose some of its domestic fixed assets.

The move follows its announcement that it will close four more subsidiaries abroad, a move seen by insiders as a setback in its globalization efforts.

"It is our strategic adjustment to improve the company's cash flow and further reduce the financial burden in a market where the gross margin has been hurt by fierce competition and power transmission problems in China," Vice-President Tao Gang said during the three-day China Wind Power 2013 exhibition in Beijing.

Besides a weak uptake of wind-generated power, Tao said the company faces a challenge in making a profit this year.

Sinovel will only retain five or six units overseas, since some of the offices are not necessary in the mature markets that have adequate support facilities and policies for the sector.

Sinovel, which used to be China's top player with the biggest share of 25 percent of wind installations, saw its share fall to 9.3 percent in 2012.

Earlier this year, the company shut down eight subsidiaries in overseas markets such as the United States, Belgium, Italy, Canada and Australia.

"But our international expansion strategy has not changed. We will continue to expand our exports and cooperation with global companies, only in a more cautious way," said Tao, adding that the company's revenue outlook for this year remains "weak".

The company reported a loss of 582 million yuan ($95 million) in 2012. In the first half of this year, the net loss was 458 million yuan.

Sinovel's plight is set against a weak domestic wind market this year. The industry's top players, such as Goldwind Science & Technology Co Ltd and Guodian United Power Technology Co Ltd, have all experienced steep profit declines.

China's wind power market peaked in 2010, with the addition of 18.9 gigawatts in installed capacity.

David Fijas,vice president of Moog Industrial Group, who is in charge of Moog global energy solution business, which counts wind power among its specialties, said that the main reasons for the slowdown are inadequate grid access and technical challenges.

"We will no longer see a high growth market, but a market with stable growth going forward," he said.

Fijas forecast growth rates of about 3 percent for onshore wind, with double-digit rates for the offshore wind market.

Wang Jun, head of the new and renewable energy division of the National Energy Administration, said that the next priority for the bureau is to deal with the issue of grid access, enabling more turbines to supply power to the transmission system, especially in the regions such as Jilin province and the Inner Mongolia autonomous region.

"We hope to eliminate such problems within the next two to three years," he said.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 亚洲视频一区在线 | 国产精品久久久久国产A级 首页亚洲国产丝袜长腿综合 | 色网站综合 | 深夜毛片 | 久久久999精品视频 日本高清不卡在线 | www.欧美com| 久久精品这里是免费国产 | 国产婷婷精品av在线 | 亚洲视频免费在线 | 一级啪啪片 | avtom影院入口永久在线观看 | 啪啪免费网站入口链接 | 久在线观看 | 玖草网 | 国产精品久久久久久久久久免费 | 精品无人区乱码一区二区三区手机 | 久草免费电影 | 天天操天天摸天天舔 | 97视频免费播放观看在线视频 | h小视频在线观看网 | 18sexvideo| 欧美日韩综合视频 | 在线观看亚洲专区 | 亚洲成a人片在线看 | 亚洲精品日韩精品一区 | 在线国产一区 | 欧美黄色一级片视频 | 日本不良网站 | 午夜激情视频免费 | 天天影视综合网 | 一国产一级淫片a免费播放口 | 高清一区在线 | 99人体做爰视频 | 日韩 亚洲 欧美 中文 高清 | 这里精品| 先锋影音av最新资源 | 新婚少妇小倩给老许泄火 | 成人欧美| 成人伊人 | 日本在线观看 | 欧美久久久久久久一区二区三区 |