China National Development and Reform Commission, Ministry of Finance and National Energy Administration put brakes on the solar power industry on 31 May 2018, now known as the ‘531 policy’. The policy imposes caps on market scale, accelerates subsidy cuts and lowers the on-grid tariffs (prices paid to power producers). By 2020, solar power is expected […]
Apple has announced a new investment fund to boost clean energy in China by connecting suppliers with “renewable energy sources,” according to a press release.
Offshore Heavy Transport (OHT), the Norwegian heavy lift shipowner, has inked a contract with China Merchants Heavy Industry (CMHI) for a semi-submersible offshore windfarm foundation installation vessel with options for three more. The first vessel will be ready for project deployment from early 2021, the company informed.
BMW plans to source 4 billion euros’ ($4.7 billion) worth of battery cells from Chinese battery maker Contemporary Amperex Technology Ltd (CATL) over the next few years, the carmaker’s purchasing boss said on Monday. The deal will allow China’s biggest lithium battery maker to build a factory to produce cells for electric cars in Europe, […]
Following the seventh China–EU High-level Economic and Trade Dialogue, the EU and China will accelerate negotiations on the bilateral investment agreement and set up a EU–China working group on WTO reform.
The new three-year action plan comes after the previous plan, rolled out in 2013, expired at the end of 2017. The new plan expands PM2.5 reduction requirements to all cities nationwide. It also tightens regulations on VOCs and NOx emissions that are key to the formation of ozone pollution. The new plan still lacks specific targets on […]
Finding ways to reuse the technology is becoming more urgent as the global stockpile of EV batteries is forecast to exceed the equivalent of about 3.4 million packs by 2025, compared with about 55,000 this year, according to calculations based on Bloomberg NEF data. China, where about half the world’s EVs are sold, is […]
The National Development and Reform Commission (NDRC), China’s top economic planner, has released a new regulation over the charging standards for urban household garbage disposal to promote sustainable development.
National Development and Research Commission (NDRC) and Ministry of Commerce (MofCOM) jointly released a new negative list for foreign investment in Free Trade Zones (FTZs) on 30 June. Effective from 30 July, the new list stipulates