China Longyuan boosts wind revenues as capacity hits 9GW

China Longyuan Power saw revenues from its wind operations grow by 25% in the first nine months of the year, as it crept past the 9GW capacity mark.

Longyuan – China’s biggest developer of wind farms – had 9.04GW of wind installed by the end of September.

However, that barely marks an increase on the 8.99GW it had in place three months earlier at the half-year stage. Longyuan added 2GW of wind in 2011, but like other Chinese developers has put its foot on the brakes in 2012 in the face of government attempts to sort out the country’s grid and curb uncontrolled expansion.

The company’s wind revenues, excluding concessions services, stood at 5.58bn yuan ($892m), a 25.4% increase on the…

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