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.
Chinese researchers have developed a nano material using waste cartons that can remove a toxic heavy metal from water.
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 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. […]
China solar leads record renewables investment but still have a long way to go.
Water resources are not spread evenly in China and are often not where they need to be for industrial, energy, and agricultural purposes. Roughly 80% of China’s freshwater are located in the south. However, nearly 40% of agriculture, 50% of power generation, and almost half of industrial activity is in the north. The country […]