China’s Wind Power Procurement Jumps in July as Mega Projects Drive Bidding

China’s wind power sector saw a sharp jump in procurement in July, fueled by a new wave of state-backed mega-projects and the rollout of an ambitious new five-year renewable energy plan.

Public bidding records showed 55 new wind-turbine procurement tenders totaling 23,188.45 megawatts, up 219% from June and 50% from a year earlier. China’s Wind Power Capacity Index, developed by Caixin Data and Jiefeng Data with January 2018 set as a baseline of 100, rose to 140 in July.