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Chinese Wind Power Companies Target Global Markets

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China’s Goldwind Science & Technology Limited is one of the world’s biggest makers of wind turbines, a cornerstone of the booming clean power business, but is unknown outside its home country.

Goldwind aims to change that. In a Minnesota farmer’s cornfield, the company is erecting three 20-story-tall windmills in its first American project and hopes it will help to woo other buyers.

“There are a lot of leads and we are following them up,” said Kerry Zhou, Goldwind’s director of development. “We certainly expect that by 2011 we can get good results.”

China’s market for wind equipment is on track to overtake the United States this year as the world’s largest, spurred by a government campaign to promote renewable energy to clean up its battered environment and curb surging demand for foreign oil and gas.

Now the biggest Chinese manufacturers want to expand to the United States, Europe and other markets. Western suppliers could face new competition as low-priced Chinese rivals seek to profit from global efforts to limit climate change.

Chinese manufacturers could get a boost if officials at this week’s United Nations climate summit in Copenhagen, Denmark, agree on new measures to spread use of clean energy.

Beijing is promoting the industry as part of sweeping efforts to transform China into a creator of profitable technologies. Utilities have been told to step up clean energy spending even as the global crisis cuts into investment elsewhere.

“China is a major player and will dominate the future development of wind,” said Lars Andersen, president for China of Denmark’s Vestas Wind Systems A/S, the world’s biggest maker of wind turbines.

Chinese wind companies’ technology lags behind global leaders such as Vestas and General Electric Co. But their prices are up to 50 percent lower, which industry analysts say should make them competitive abroad.

“The performance-to-price ratio is quite attractive,” said Victoria Li, who follows the industry for Credit Suisse in Shanghai. “I think they could see strong growth from export revenue within two years.”

Last year, China accounted for 22 percent of new global wind capacity, while the United States was 29.6 percent, according to BTM Consult, a Danish research firm. This year, Credit Suisse says China will install up to one-third of new capacity.

The industry has gotten a boost from a flow of money through the Clean Development Mechanism. The U.N. programme allows industrialised economies to meet commitments to reduce greenhouse gas emissions by paying developing countries to cut their own instead. China is the biggest recipient of CDM money.

Chinese demand is so huge that with almost no foreign sales, Goldwind and rivals Sinovel Wind Co. and Dongfang Electric Co. already rank among top global manufacturers.

Sinovel, Goldwind and Dongfang together made one of every eight wind turbines sold worldwide in 2008, according to BTM. Vestas led global sales with 19.8 percent and GE was second with 18.6 percent.

Beijing-based Sinovel made its first foreign sale last year, shipping 10 1.5-megawatt turbines to India, said a company spokeswoman, Liu Chang. Also in 2008, Goldwind sold six of its smaller 750-kilowatt units to Cuba.

In Minnesota, Goldwind is installing three 1.5-megawatt turbines on a farm in the town of Pipestone. Zhou said the company hopes the site will prove its turbines operate reliably under U.S. weather conditions.

Beijing’s tactics in promoting its suppliers have caused strains in trade ties at a time when other governments are scrambling to preserve jobs.

The European Union Chamber of Commerce in China complains that foreign producers have been shut out of bidding for major wind projects. Beijing also required that 70 percent of parts in turbines used in China be domestically made, a rule that was dropped in September only after major foreign producers had set up Chinese factories.

November’s announcement that a Chinese manufacturer, A-Power Energy Generation Systems, would build a Texas wind farm prompted an outcry from American critics that stimulus money the project might receive should not go to China. A-Power and its American partners said they would open a U.S. factory.

“We definitely are closely watching the controversy and obstacles for this current project to see what will happen,” said Goldwind’s Zhou.

Aggressive government goals issued in 2005 call for at least 15 percent of China’s power to come from wind, solar and hydropower by 2020. Officials say that target might be boosted to 20 percent.

In July, Beijing raised its wind power goal to 150 gigawatts of generating capacity by 2020, the equivalent of 300 standard coal-fired power plants, up from the 2005 plan’s target of 30 gigawatts.

But the industry faces technical hurdles to its growth.

Wind farm construction has raced ahead so fast that 25 percent have yet to be connected to the national power grid. Like the United States, China faces the problem that its windiest areas in the desert northwest and northern grasslands are far from populous cities, requiring expensive transmission lines.

Other companies are developing technology ranging from solar panels and fuel cells to more far-out systems that make power from garbage and used cooking oil.

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Association Woos Govt, Coys On  Boat Operators  Employments

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The leadership of Bonny Maritime Boat Association has called on Rivers state Government and oil companies operating in the state to provide sustainable employment to unemployed boat Operators.
The Association also want the government, companies and other relevant employers of labour to provide trainings for boat Operators to enhance their skills
Safety Officer of the Association, Comrade Kingdom Kingsley made this known in  a  telephone interview with  The Tide.
He noted that most of the boat Operators and owners plying Bonny route lacks jobs due to the fleets of boats introduced by Bonny Road Transport that had taken over the passengers to the Island
He noted that passengers are no longer patronizing boats owned by the Association, thereby rendering the operators redundant
“Most of our operators can not afford to feed their families due to no jobs, we don’t want to indulge in crime, government should fix our members with  sustainable jobs to take care of their immediate needs”
He called on oil companies operating in the state to engage their skilled boat Operators in their companies to reduce the sufferings faced by the Association.
The Safety Officer called on the state government  to made funds available to unemployed youths in the state to start up business than roam the streets.
He noted that provision of funds to youths would reduce crime rates and reposition their mindsets for a better life
“The  youths of Rivers state are suffering, have no job to feed their families, thereby indulging in criminality daily”
“The youths need empowerment,  jobs,  recreational facilities and better things of life as citizens of this Nation”, Kingsley said.
CHINEDU WOSU
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FG Approves $1 Bn AFCFTA Credit Facility For Nigerian Exporters

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The Federal Government has approved a whooping $1bn credit facility to support Nigerian exporters and small scale businesses to take advantage of the African Continental Free Trade Area (AfCFTA) in order to boost production, competitiveness and intra-African trade.
The $1bn AfCFTA Adjustment Fund Credit Facility is also expected to address some of the financing gap being faced by Nigerian exporters and enhance the competitiveness of African businesses within the continental market.
The Minister of Industry, Trade and Investment, Jumoke Oduwole, disclosed this  during the second quarter 2026 meeting of the AfCFTA Central Coordination Committee held in Abuja.
According to a statement issued by the ministry’s Head of Press and Public Relations, Obilor-Duru Okechi, Oduwole said the financing facility represented a major opportunity for Nigerian businesses seeking to expand operations, modernise production processes and increase exports to African markets.
The statement partly read, “?The Federal Government has reaffirmed its commitment to accelerating Nigeria’s export-led growth agenda under the African Continental Free Trade Area, unveiling opportunities for businesses to access a US$1 billion AfCFTA Adjustment Fund Credit Facility aimed at boosting production, competitiveness, and intra-African trade.”
She noted that despite the progress Nigeria had made in implementing the continental trade agreement, many local businesses continued to face obstacles that limited their ability to take advantage of the single African market.
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“Many businesses still face challenges relating to export documentation, certification, standards compliance and market access,” the minister said.
She explained that the Federal Government was addressing these bottlenecks through enhanced trade facilitation measures, simplified AfCFTA guidance tools, stakeholder engagement programmes and stronger collaboration with institutions such as the Nigeria Customs Service and the Nigerian Export Promotion Council.
Oduwole stressed the need to strengthen Nigeria’s legal and regulatory framework by domesticating key AfCFTA protocols, particularly the Digital Trade Protocol, to position the country as a major player in Africa’s growing digital economy.
The minister also highlighted some of the gains recorded in Nigeria’s AfCFTA implementation efforts.
According to her, the expansion of Nigeria’s Air Cargo Corridor Initiative to Rwanda, increased collaboration with development partners and private sector players, as well as sustained engagement with state governments, were helping to deepen awareness and participation in the continental market.
In her welcome address and first-quarter update, the National Coordinator and Chief Executive Officer of the Nigeria AfCFTA Coordination Office, Mrs Patience Okala, provided details of the financing initiative.
Okala said the $1bn AfCFTA Adjustment Fund Credit Facility was targeted at large African businesses with a minimum financing capacity of $10m.
She revealed that the National AfCFTA Coordination Office was working closely with fund managers to facilitate access for eligible Nigerian companies and had begun assembling a pilot group of businesses to ensure that Nigeria maximised the opportunities provided by the facility.
Nkpemenyie Mcdominic, Lagos
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NIWA Harps On  Avoidance Of Leaking Boats

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The National Inland Waterways Authority (NIWA) has advised Nigerians against boarding boats that require constant bailing of water in the interest of their safety.
 NIWA Area Manager for Cross River and Ebonyi, Mr Stanley Onuoha gave this warning in an interview with Newsmen in Calabar.
Onuoha who spoke on waterway
safety, said that passengers should take responsibility for their safety by inspecting boats before embarking on any journey.
According to him, repeated scooping of water from a boat is a clear indication that the vessel may be leaking.
“If you are entering a boat and see people using a bailer to remove water, it is the first signal that the boat is leaking,” he said.
He urged passengers to check the integrity of boats, including seating arrangements and other visible safety features.
The Manager restated the importance of using safety jackets, saying that damaged jackets may fail during emergencies.
He further said that passengers should ensure that safety jackets were appropriate for their body sizes in order to guarantee effective flotation.
 Onuoha reiterated the need for passengers to fill manifests before departure to aid accountability during emergencies.
The NIWA official further advised travellers to monitor weather conditions and avoid boarding boats when the weather is unfavourable.
According to him, poor weather conditions can trigger strong tidal waves capable of affecting small boats commonly used on inland waterways.
He said that waterway journeys should be embarked upon between 6.00a.m and 6.00p.m for clearer visibility.
Onuoha said  the Authority had continued to sensitise riverine communities to the need for safety precautions during waterway journeys.
He stated that sustained awareness campaigns and enforcement measures had contributed to safety waterway safety in Cross River.
CHINEDU WOSU
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