Reuters reported that China’s northern Hebei province will phase out subsidies paid to some newly-built solar power plants from January next year, an official from the local pricing bureau told Reuters on Thursday, part of a state move to cut government support for the industry. China is in the process of reducing direct subsidy support […]
Trina Solar Limited announced that it has successfully closed the acquisition of Spain-based Nclave Renewable S.L. (“Nclave”), the world’s leading solar tracker system manufacturer. This is the first time that a Chinese solar company has acquired a solar tracker producer outside of its home market, accelerating Trina Solar’s strategic transformation from a leading PV product […]
A few weeks after China announced foreign companies will no longer need to partner with local Chinese companies to manufacture cars in the country. This new Chinese policy applies first to manufacturers of electric cars. Tesla certainly qualifies on that score. Tesla created Tesla Shanghai Co. Ltd, a wholly owned subsidiary of Tesla HK.
The European Investment Bank announced this week that it has signed an agreement to provide a €300 million framework loan in partnership with The Export-Import Bank of China, which the Europeans hope will spur other financiers in providing up to €1 billion in financing to help the country reduce carbon emissions and improve environmental protection.
Water Treatment New Technology：Chinese Researchers Use Waste Cartons to Remove Heavy Metals from Water
Chinese researchers have developed a nano material using waste cartons that can remove a toxic heavy metal from water.
Shandong Provincial Government issued the “Maritime Power Building Project” Aiming to Achieve 3 Million KW Offshore Wind Power by 2022
Shandong province will promote the construction of the “marine strong power” through in-depth implementation of the “Top Ten Actions.” Focusing on the “Top Ten Actions”, Shandong will set up a new Modern Marine Industry, and will raise no less than 5.5 billion RMB in fiscal funds each year to fully support the construction of marine […]
If the right policies to promote a greener economy are put in place, 24 million new jobs will be created globally by 2030, a new International Labor Organization (ILO) report said Monday.
EDP- Energias de Portugal is poised to reject the 9.07 billion-euro ($10.83 billion) takeover offer from China Three Gorges Corp. on the grounds that it undervalues Portugal’s biggest energy company, according to people with knowledge of the matter.
China Three Gorges Corporation (CTG) Launched a Bid to Take Control of World’s Fourth Largest Wind Power Company with a 68.8 Billion RMB Plan
CHINA Three Gorges Corp. (CTG) on Friday launched a bid to take control of Portugal’s biggest company EDP. The total value of the proposed deal is 9.07 billion euros (US$10.83 billion), excluding a 23 percent stake already owned by CTG, the company and largest EDP shareholder said in a statement issued late Friday in Lisbon. […]