News
China Solar Industry Struggles Through Sudden Subsidy Cuts
China has led the world in new solar installations in each of the past five years, helped by guaranteed electricity prices. But the cost of subsidies has been growing unsustainably, and as manufacturers have expanded rapidly to meet demand the risk of overcapacity has grown. On May 31, National Development and Reform Commission, the Ministry […]
Two electric vehicle-sharing platforms plan to seek external funding totaling almost $730 million to fuel their growth
Two electric vehicle-sharing platforms (EVCard/Caocao Zhuanche) backed by powerful Chinese carmakers plan to seek external funding totaling almost $730 million to fuel their growth, people with direct knowledge of the plans said.
Wind Blowing from China — Parallel Sino-Europe Forum at Hamburg Messe site
Previous Event Review: Two month ago, in June, from 12th to 15th, in order to open up business opportunities for both Norwegian offshore wind energy companies and Chinese companies, NEEC together with Norwep, brought together a Norwegian offshore wind power enterprise delegation to China for a four-day visit, including four company-visit (Beijing and Fuzhou), […]
China First Privately-Run LNG Port Opens
China’s first major privately owned liquefied natural gas import terminal entered operation on Tuesday in eastern Zhejiang province, setting the scene for more such facilities in the future.
China Says Free Trade Talks with Norway Should be Accelerated
BEIJING: Free trade talks between China and Norway should be sped up, the Chinese government’s top diplomat told his Norwegian counterpart, as the two countries continue to step up efforts to put a row over the Nobel Peace Prize behind them.
China: Wind, Solar Power Output to Surge
Wind and solar energy will account for about 50 percent of the total power produced in the world by 2050, aided largely by lower production costs, with China leading the revolution, a new report said.