China

World solar power growth outpaces wind for the first time

Driven by plunge in new wind energy capacity.

China needs effective solutions for energy hunger

Uses up one fifth of global coal consumption.

Chinese energy giants in major fund raising

Sell a combined US$2.58 billion in bonds.

ASEAN could derive 70% of its energy from green sources

Greenpeace report says this could occur by 2050. Greenpeace believes that by 2050, green energy could account for 70% of the electricity generation for the 10 countries comprising the Association of Southeast Asian Nations. This boost in green energy could also result in US$2.8 trillion worth of investment; US$2.7 trillion in fuel-cost savings and 1.1 million jobs by 2030, said the report entitled “Energy [R]evolution: A Sustainable Asean Energy Outlook.” The report also noted that 28% of the region's total population, or 160 million people, still had no access to electricity. Sven Teske, renewable energies director at Greenpeace International, said ASEAN countries have more than enough natural resources to become a leading player for clean, renewable energies. "Renewable energies are more competitive than coal, utilize indigenous local resources and create more employment," Teske said. "Using more renewables is now an advantage for the economy, not a burden and reduces their dependence on dirty, imported fossil fuels like oil and coal."

China, Russia energy trade to quadruple by 2025

Trade will involve 100 million metric tons of Russian oil. Consulting firm Wood Mackenzie said China and Russia have already reached an agreement for the supply of oil, coal and power and expects another deal in the next two years for the supply of natural gas.

China hits back at USA for anti-dumping probe

Will investigate alleged US subsidies for renewable energy firms.China has launched an investigation into American government policy and subsidy support for renewable energy after the USA decided to probe the alleged dumping of Chinese-made solar panels in the USA.China's solar industry association earlier asked Beijing to launch an anti-dumping and subsidy probe into imports of U.S. polysilicon, the raw material used to make solar cells.The tit-for-tat investigations highlight rising trade tensions between China and the USA, with analysts warning of more protectionism amid weak global economic growth.A Chinese government announcement said the Ministry of Commerce has decided to initiate a trade barrier investigation into policy support and subsidies for the U.S. renewable energy sector.It said Chinese companies claim the U.S. policies are in effect a trade barrier against Chinese renewable energy exports to the USA. The Chinese RE companies argue that these US policies violated the US commitments under World Trade Organization rules.The US policies are also an unreasonable barrier and restriction on China's renewable energy industry, reducing the competitiveness of Chinese products in the USA.

SGCC orders 28 MW PV modules from Yingli Energy

Will power SGCC’s largest solar project in China.

Chinese keen on energy sector investments in Pakistan

Delegation affirms broad interest in Pakistani renewable energy. A group of Chinese businessman from the Sichuan Chamber of International Commerce, one of the biggest trade bodies of China, arrived recently to explore investment opportunities in the Pakistani market. Chinese companies showed an interest in exploring Pakistan’s energy sector for investment in hydro-, solar- and wind-energy projects, said a statement by the chamber commerce. The Chinese said Pakistan could export more of its fruits to China by improving the quality of their packaging.

China receives Finnish aid to develop biofuels

Effort is part of the "Beautiful Beijing" project.

China to install over 10 GW in new solar capacity this year

Will make China the world’s largest solar energy producer.