China's energy consumption hits five-year record

Growth in China's energy consumption remains robust while the forms of energy continued to diversify in 2018, according to an annual report on China's energy development released Sunday by the China Electric Power Planning and Engineering Institute.Total energy consumed last year reached 4.64 billion metric tons of standard coal, a year-on-year growth of 3.3 percent – a five-year record, according to the report.Consumption of clean energy, including natural gas, hydropower, nuclear power and wind power, accounted for 22.1 percent of energy consumption last year, up 1.3 percent compared with th

China Energy 2019-04-30

China To Sign Nuclear Deal With Argentina

Argentina hopes to sign this weekend a deal with China to build its fourth nuclear power plant, Juan Pablo Tripodi, head of Argentina’s investment agency, told Reuters—a move that would boost Chinese influence in America’s historically perceived backyard of global influence, Latin America. The agreement, reportedly worth US$8 billion, would be for the construction of the Atucha III nuclear power plant that would be financed with Chinese money. According to Chinese state funding data reviewed by Reuters, the new nuclear power plant would become one of the largest projects that China has financ

China to end import tax exemption for advanced second-generation nuclear reactors

China said on Tuesday that advanced second-generation nuclear reactors will lose their import tax exemption from Jan. 1, 2019 as Beijing seeks to support domestic suppliers and promote technological development.China is expected to triple its nuclear power capacity to reach 120-150 GW in total by 2030 as part of Beijing’s push to boost clean energy consumption.Pre-allocated 2019 import quotas for tax exemption on nuclear reactors with capacities of more than 1 gigawatt (GW) to Chinese manufacturing companies will also be canceled, the Finance Ministry said in a statement on Tuesday.China has a

Sinopec vows cleaner energy mix with geothermal push

China Petrochemical Corporation (Sinopec), the country's biggest geothermal developer, vows to further develop geothermal energy nationwide and increase share of clean energy production, the China Daily reported Wednesday.The company has replaced coal with geothermal energy in 10 cities nationwide so far, said Ma Yongsheng, president of Sinopec, during the 2018 China Geothermal Energy International Forum in Shanghai on Tuesday.Sinopec, the world's largest refiner by volume, aims to replace coal with geothermal energy in 20 cities nationwide and boost its geothermal heating capacity to 120 mill

Sinopec 2018-11-28

Arab League, China to increase energy, gas cooperation

The Arab League and China agreed to strengthen cooperation in the field of natural gas, renewables and energy efficiency on the basis of mutual interest and experience sharing, a joint statement announced on Thursday.

Belt and Road 2018-11-12

Italy’s Snam signs MoU for biomethane, natural gas storage in China

Italian natural gas utility company Snam SpA (BIT:SRG) and a unit of Beijing Enterprises Holdings Ltd (HKG:0392) will study opportunities for collaboration in biomethane and natural gas storage in China.


China’s Sinopec to increase investment into geothermal heating in Xiongan, Hebei

Policymakers and energy firms are teaming up to boost green energy development in Xiongan in Hebei Province, China. As part of it, Chinese oil giant Sinopec plans to increase investment into geothermal energy heating.

Sinopec 2018-09-25

China "undisputed leader" in energy transition: report

China is an "undisputed leader" in the world's energy transition as the country is transforming its energy mix to sustain rapid economic growth and protect local environments and the global climate, leading energy and shipping certification agency DNV GL said Monday in a report.

China Energy 2018-09-11

In 2019, China and Russia will start using floating nuclear reactors for oil and gas rigs and military bases

In 2019, China should complete floating mobile nuclear reactors to power drilling platforms in the ocean to expedite exploitation of oil, natural gas and combustible ice. A Pentagon report believes China will use floating nuclear reactors to power islands and reefs in the South China Sea.

China opens bids for first nuclear-powered icebreaker

China National Nuclear Corporation on June 21st said bids are welcome from domestic yards to build the country’s first nuclear-powered icebreaker, newspaper Global Times reports.

China Three Gorges sounds out interest in EDP's U.S. assets: sources

China Three Gorges has held talks with European utilities to gauge their interest in buying EDP’s U.S. renewables business, as it looks to smooth the path for its planned takeover of the Portuguese company, three sources familiar with the matter said.

China Investment 2018-06-27

France's Orano, China's CNNC prepare nuclear fuel plant deal

French state-owned nuclear fuel group Orano has agreed with China’s CNNC to do preparatory work for the sale of a nuclear fuel reprocessing plant to the Chinese company, in the latest attempt to seal a deal that has been 10 years in the making.

China's first US-designed reactor, Sanmen-1, records first criticality

Sanmen-1, in China's Zhejiang province, the world's first nuclear generating unit of the Westinghouse AP1000 design, successfully reached first criticality Thursday, project operator State Nuclear Power Technology Corporation said.

ReneSola Announces First Quarter 2018 Results

ReneSola Ltd ("ReneSola" or the "Company") ( (NYSE: SOL), a leading solar project developer and operator, today announced its unaudited financial results for the first quarter ended March 31, 2018.

Solar 2018-06-21

China to set up varsity for nuclear power research

China is planning to build a university dedicated to nuclear power research to meet the severe shortage of qualified people at its rapidly-expanding atomic energy facilities at home and abroad.

China's Jinko to produce solar panels in Florida by fourth quarter despite tariffs

Chinese manufacturer JinkoSolar Holding Co Ltd expects to start manufacturing solar panels at a new factory in Jacksonville, Florida, by the fourth quarter, and production will not be affected by the latest round of U.S. tariffs on Chinese products, a company executive said on Tuesday.

China’s Solar Policy Switch Eyes Higher Quality

China’s recently announced decision to suspend approvals of new solar installations aims to improve the quality of the industry’s products and offload part of the financial burden on the government, according to an official who spoke to state news agency Xinhua.

Solar 2018-06-13

Rosatom to build four nuclear power units in China

Russian state nuclear company Rosatom has signed deals to build four nuclear power units in China.

China: Russia to Build Nuclear Power Units

What Happened: China signed two deals with Russian state-run nuclear power company Rosatom to build four next-generation nuclear power units in China worth an estimated $3.62 billion, Reuters reported June 10.

China’s Surprising Move To Cut Solar Subsidies

Chinese solar companies sold off sharply on Monday following an announcement by the Chinese government that it would take measures that may curb the astronomical growth of its solar industry.

China Policy Solar 2018-06-12

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