The new boss of Goldwind — China’s leading wind turbine maker and the world number two — has come into the job at a turning point for the Chinese wind industry.

Beijing has scrapped feed-in tariffs for wind power and introduced competitive auctions with price caps that put the sector on a glide path to what will become a zero-subsidy market from the beginning of 2021.

Despite the pressure this puts on local turbine makers and suppliers to screw down costs, Cao Zhigang, Goldwind’s freshly appointed president and executive director, tells Recharge that the policy shift will bring “mostly positive changes” to the Chinese wind industry.