On January 20th, the CWEA (China Wind Energy Association), the top specialist institution in the nation, held its annual New Year Reception of China Wind Power Industry in the Sheraton Hotel Beijing.
According to the recent report of China Daily US, the Ministry of Industry and Information Technology, China’s top industry regulator, said on Wednesday that it is optimistic about the nation’s automotive sector in 2019, with demand from small cities expected to grow while more old car models will exit the market this year.
BBC World Economics recently reported that the World Bank is warning of increasing risks, or what it calls “darkening skies”, for the world economy. In its annual assessment of global prospects the Bank predicts continued, though somewhat slower, growth this year and next.
Accroding to the recent report of China Daily Europe, China FAW Group’s premium brand Hongqi is the country’s first and oldest luxury marque, with its first model in 1958 hailed as the start of China’s car industry.
World’s leadering wind energy giant Equinor has made the official announcement that the firm has submitted a winning bid of USD 135 million for lease OCS-A 0520, during the online offshore wind auction concluded today by the US Department of the Interior’s Bureau of Ocean Energy Management.
China Daily UK has recently reported that the Energy company, China Three Gorges Europe, which is also called CTG EU, has invested 35 million pounds ($44.3 million) in a large Scottish offshore wind farm, which when completed will have the capacity to power one million homes.
On the first day of the new year, the commencement ceremony of the second phase project of Guangdong Yudean Zhanjiang Wailuo Offshore Wind Power Project was held in Baimao Village, Jinhe Town, Xuwen County.
On Jan 4, Xinhua News reported that 400 new-model electric Taxis were officially put into operation in the city of Xining in the Great West of China. These new cars were to replace the same amount of conventional automobiles that had been recently honorably retired by Chengtong, the city’s largest taxi operator.
Recently, the IEA has released an overview centering on China’s market prospect in year 2019. Enlightening as it might prove to be, the overview makes clear its introductory nature and implied lack of depth and industry-specific details at the outset.