Focus

On March 27, Goldwind and Zhengzhou University of Aeronautics officially released the Annual Report on the Development of Green Finance for Wind Power Industry in China (2022~2023) (hereinafter referred to as the Report), published by Social Sciences Academic Press. In response to China’s “dual carbon” goals, the Report specifically focuses on the progress and current state of green finance for wind power. Its objective is to provide a comprehensive and systematic overview of the policy evolution, market dynamics, and company practice of green finance in China's wind power industry. The ultimate aim is to facilitate the high-quality development of the wind power industry through the utilization of green finance.

As an important part of clean energy, wind power plays a crucial role in achieving China’s “dual carbon” goals and optimizing the energy structure. It is also a key component of China's future energy system. In recent years, the wind power industry has experienced significant growth, thanks to national policies and the support of green finance. This industry has become a strategic high-end green equipment manufacturing sector for China, allowing it to compete on the international stage. Green finance has emerged as a vital catalyst for enhancing the quality and efficiency of companies in the wind power industry. Its role in driving industrial development has become increasingly prominent. Therefore, studying the operational and managerial practice of green finance in the wind power industry is essential for understanding its overall development in China and promoting its high-quality growth in the future.

As a  leader in the wind power industry in China, Goldwind actively supports the whole industrial chain through various financial products such as financial leasing, industrial fund, supply chain finance and finance company service. Goldwind aims to facilitate the growth of companies in the sector by providing them with financial support.. Additionally,, in order to fully understand the green financial market in the wind power industry Goldwind has undertaken extensive research in collaboration with universities, equipment manufacturers, wind power component companies, and wind farm investment and operation companies and worked with Zhengzhou University of Aeronautics to complete the Report. This has led to the completion of the first "Blue Book of Green Finance for Wind Power Industry" in China.
As Vice President of Goldwind, Gao Jinshan, and the editor-in-chief of the Report, said: "I believe that this comprehensive publication, blue book brings together various aspects of green finance and effective and proven financial strategies. Our goal is to provide readers with a holistic understanding of the progress and growth of green finance within the wind power sector in China. Moreover, we hope that this blue book will serve as a platform for the clean energy industry, attracting additional investments for the high-quality development of the wind power industry while contributing to the achievement of 'dual carbon' goals". 

Wang Limin, the President of Social Sciences Academic Press, expressed great admiration for the publication of the Report: "As climate issues intensify, the development of renewable energy has become crucial, and green finance has also become the key driver for the vigorous development of renewable energy. The 'Blue Book of Green Finance for Wind Power Industry' conducts a systematic and comprehensive analysis of the implementation  of green finance for wind power industry for the first time, offers guiding recommendations for the future practice, and propels the progress of green and low-carbon development to a new level."

The Report is divided into four chapters: general report, market, industry-finance integration, and international practice. It provides a comprehensive reviews the policy evolution and current state of China's wind power industry and green finance. Additionally, it examines the  practical application of financial instruments in various market sectors such as green credit market, green securities market, green fund market, green financial leasing market and environmental rights market. The Report focuses on the investment and financing market of the whole industry chain of wind power industry. It also highlights the typical cases of "Internet+" supply chain service platform, services for financial leasing supply chain and wind power project investment. Furthermore, it covers the implementation of green finance for wind power industry in major countries worldwide, offering insights for China's wind power industry to effectively utilize green finance for sustainable and orderly development.