Press Release

TÜV SÜD Attends 2021CWP

From October 18 to 20, the 13th China Wind Power & Exhibition was held in Beijing. As a leading third-party service agency in the wind power industry, TÜV SÜD attended the Expo. TÜV SÜD has become a trusted third-party comprehensive service provider for wind farm owners, insurers, equipment suppliers, and companies specializing in on-site operation and maintenance in the wind power industry.

Green and low-carbon development has become a global consensus. Major countries and regions have successively signed agreements aiming at controlling climate change such as the United Nations Framework Convention on Climate Change and the Paris Agreement. According to statistics from the Energy and Climate Think Tank (ECIU), 132 countries and regions around the world have proposed carbon neutrality goals. In the context of the global green and low-carbon development trend, China's Central Finance and Economics Committee pointed out that it will strive to achieve carbon peaks by 2030 and achieve carbon neutrality by 2060.

Before substantial breakthroughs are made in new energy technologies such as hydrogen energy, nuclear fusion, and combustible ice, wind power will be the main force on the supply side. Market opportunities and risks coexist. While offshore wind power has higher returns, it also has to face higher technical requirements and difficult dilemmas compared to onshore wind power. Moreover, with the increasing rise of the wind power industry, wind farm development and operation companies of varying levels and scales have entered one after another. The market has formed a situation of survival of the fittest, and subsequent mergers and acquisitions, IPOs, reorganizations and MBOs, and bankruptcies And operations such as sale and leaseback transactions are increasing. TÜV SÜD has adopted professional technical experience, combined with local compliance requirements (legal affairs, environment, fire protection, etc.), designated technical guidelines and agreements, sustainable data analysis and proofreading, and the needs of different commercial due diligence projects to provide a comprehensive Customized technical services provide professional and transparent advice for corporate transaction decisions.