China

 

Meili Paper will build a 3MW solar power station costing US$12.6 million. According to China Business News, the plant will generate annual power of 4.41 gigawatt-hours.

Provincial authorities approved Ningdong Wind Power’s plan to build a 49.5-MW wind power field in Ningxia province. According to reports by yicai.com, maximum investment in the project is US$72 million.

Gansu will buy power coal from Xinjiang and Ningxia, to ensure supply to power plants inside the province.

Yingli Green Energy has entered into aggregately over 1,000 MW of PV module contracts for 2011 delivery. With this the company exceeded its sales target one month ahead of previously announced schedule. Customers under majority of those contracts were required to make prepayments to the Company in order to ensure committed delivery in 2011.

China Sun Energy and Pythagoras Solar willco-market and advance the development and scale manufacturing of BIPV products from 2010-2015 in China.

China Ming Yang Wind Power will provide 200MW for a government authorized wind farm project in the Hami area.

Yingli Green Energy will supply 70 percent of PV modules to the Gold Sun Program.

Hangtian MinJian New Energy Investment will purchase a 86.13 percent stake in Yingkou Wind Energy. Hangtian MinJian is a subsidiary of Fujian Mindong Electric Power.   Hangtian Minjian  will use no more than US$11 million to purchase 58.74 million shares of Yingkou Wind Energy at US$0.188 per share.   After the deal is completed, Yingkou Electric Power Development will own the remaining 9.46 million shares of Yingkou Wind Power, representing a 13.87 percent stake.   Yingkou Wind Power owns wind farms in Liaoning province. Its wind farms cover eight square kilometers and have installed capacity of 45 MW.   According to the board of Mindong Electric, the acquisition will enable the company to enter into the wind power market in Northeast China.  

China expects between 15 million and 17 million kilowatts of newly-added installed wind power capacity in 2010.

A US$2.46 billion project to connect the power grid in Tibet to China will be completed by 2012. This project includes 900 kilometers of power lines in an area at an average elevation of 4,000 meters above sea level, according to chinaview.com.

EuroSibEnergo's joint venture with China Yangtze Power  will develop hydro and thermal power projects in Siberia and the Russian Far East.

Huaneng Power will buy a 30-percent stake in CNNC Hainan Nuclear Power from its parent company China Huaneng Group. According to the China Securities Journal, the transaction value totaled US$26.1 million. Huaneng Power also plans to strengthen its coal transport and storage capacity by acquiring a 50-percent stake in Shanghai Time Shipping from Huaneng Energy & Communications Holding, another subsidiary of China Huaneng Group, for US$159 million. Huaneng Power will finance the aforementioned acquisitions with self-owned funds.

Datang Power will develop a photovoltaic power project with a total installed generation capacity of 50 megawatts in Shnaxi. According to China Knowledge, Datang International Power Generation Co. has signed an agreement with the government of Lingshi County, Shanxi Province about the project. It is the latest green energy project of Datang Power in response to the country's new energy development policy, which says the country will try to increase proportion of unconventional energy consumption in total to 15 per cent by 2020.

The CNEA has recommended a government 2020 target of 70 gigawatts of nuclear power capacity.