China’s efforts to control air pollution will provide a new impetus for economic growth, with investment opportunities of 20 trillion yuan ($3.2 trillion) in the coming 12 years, according to a report by an antipollution industry group.
In March, China issued a draft renewable energy obligation policy that assigns provincial quotas for hydro and non-hydro renewable electricity consumption. The new system assigns electricity users, including grid companies, electricity retail companies, and large end-users participating in direct power purchasing a percentage quota of their electricity that needs to come from renewable energy.
China aims to supply a new economic zone being built near Beijing, known as the Xiongan New Area, with 100 per cent clean electricity, according to Xinhua News Agency.
The next global powerhouse in the auto industry comes from a small city in a tea-growing province of southeast China,
NANJING – Chinese new energy vehicle (NEV) start-up Singulato Motors announced Saturday plans to invest 15 billion yuan ($2.39 billion) in the manufacturing hub of East China’s Suzhou over the next five years.
Chinese solar photovoltaic manufacturer Znshine Solar has come up with a series of independently developed graphene-coated photovoltaic modules that improve efficiency and cut costs in converting light to electricity.
Oil majors aren’t famed for their pranks, but Statoil ASA had analysts checking it wasn’t April Fool’s Day when it announced a new name that turned out to have been acquired from an Oslo veterinary practice specializing in horses. “We checked the calendar,” SpareBank 1 Markets analyst Teodor Sveen Nilsen said in a note to […]