China
China Resources Power's net generation up 10.3% in October 2011
Total net generation for the first ten months of 2011 increased by 19.9% to 92,398,706 MWh.
China Resources Power's net generation up 10.3% in October 2011
Total net generation for the first ten months of 2011 increased by 19.9% to 92,398,706 MWh.
China warns against US blame on its solar exports
Chinese people and enterprises are greatly dissatisfied about U.S. attempts to blame Chinese exports for its sluggish development, according to Ministry of Commerce spokesman Shen Danyang. Shen warned in the statement posted at the ministry's website that United States' anti-dumping and anti-subsidy probe into Chinese exports of solar panels could damage energy cooperation between the two countries and impede the progress of global efforts to deal with climate change. China reserves the right to adopt corresponding measures within the framework of the World Trade Organization, Shen said. The U.S. Department of Commerce said Wednesday that it will conduct an investigation to determine whether Chinese companies have been selling solar panels in the United States at unfair discounts and receiving illegal government subsidies. The U.S. probe would not only hurt Chinese solar panel enterprises, but also hamper U.S. exports to China, said Zhan Jie, a new energy analyst with Huachuang Securities. For the source of this story, please click here.
NPCIL to set up nuke plants with NALCO
Nuclear Power Corporation of India Ltd. and National Aluminium Company Limited have formed a Joint Venture to set up nuclear power plants across the country.
China Sunergy brings Bob Rice aboard as VP and CSO
Robert Rice has been appointed as China Sunenergy's chief sales, marketing and strategy officer as well as its vice president.
Coalition formed against anti-Chinese solar trade petition
The Coalition for Affordable Solar Energy or CASE found support from 25 organizations in responce to the anti-trade action SolarWorld is petitioning.
Warning: Most solar manufacturers may vanish by 2015
As plunging prices erode margins and drive the weakest out of business, said Trina CEO Jifan Gao.
ET Solar to receive $1.27B credit facility from CITIC Bank
ET Solar is set to receive a $1.27 billion credit facility for general corporate and capital expenditure purposes over the next five years from China-based CITIC Bank.
China’s PV capacity passes 16GW milestone
Commercial PV capacity in China has now passed the 16GW milestone.
Xinjiang Goldwind gets $1.6b loan for wind projects
Renewable energy is one of the seven “strategic” industries receiving government support in China.
Chinese solar firm puts US project on hold due to trade row
CECEP Solar has put a planned $500 million U.S. project on hold over an anti-dumping trade dispute The company's general manager said that a planned installation of China-made panels to generate solar power in California, New Jersey and Texas would be made uneconomic by U.S. anti-dumping moves. "If the solar panel prices increase by, say 30 percent, in the United States, following the move, then we would certainly drop the plan because there's no profit to be made," Cao Huabin, the general manager of CECEP Solar Energy, told a news conference in Beijing. Prices of solar panels in the project, which account for about 70 percent of the costs, are set to jump if Washington imposes duties on imported Chinese products that U.S. rivals say breach agreed global trade rules. "I don't see any alternatives to Chinese solar panels," Cao said, who described Chinese products as having "low prices but good quality." For the source of this story, click here.
US to raise smart grid issue in Nov 20-21 China talks
The United States will push China to take "concrete and measurable" steps to boost U.S. exports. The annual U.S.-China Joint Commission on Commerce and Trade, or JCCT, meeting on Nov. 20-21 "is an important opportunity to address and resolve key trade concerns with China," U.S. Commerce Secretary John Bryson said in a statement. U.S. Trade Representative Ron Kirk and Agriculture Secretary Tom Vilsack will travel with Bryson to Chengdu for the talks just a week after President Barack Obama hosts Chinese President Hu Jintao and other Asia-Pacific leaders in Honolulu for an annual summit meeting. Obama is expected to press Hu on China's currency practices, which many U.S. lawmakers believe give Chinese companies an unfair trade advantage and has become an issue in next year's presidential election. "Through this year's JCCT, we are pressing China for concrete and measurable results on a number of significant issues including China's policies on intellectual property rights, investment and innovation, as well as a range of sector-specific industrial policies," Kirk said. Last month, the Democratic-controlled U.S. Senate passed a bill to crack down on the practice, but the Republican-run House of Representatives has refused to take up the measure on the grounds it could start a trade war. House Democrats waged another effort on Thursday to force action on the bill, but were turned back. "We will continue to press for action on this measure until the House is allowed to work its will," Representative Sander Levin, a senior Democrat, said after the effort failed. At the 2010 JCCT, China promised action on a long list of U.S. concerns, including the development of "smart grid" standards that threaten to prevent U.S. sales. Administration officials said they believed the JCCT dialogue had opened up significant commercial opportunities in areas such as smart grid electric power transmission systems.
China Power and China Coal Energy set up JV
China Power International Development, in partnership with China Coal Energy, will set up a joint venture in China with a total investment of $778m. State-owned China Power International will hold an 80% stake and China Coal will hold 20% interest in China Power Shentou Power Generating. Under the terms of the agreement, the JV will build and operate coal-fired power units in the country. The JV will acquire two coal-fired power generation units with a capacity of 600MW from China Power's Shentou 1 Power plant in Shanxi province and China Coal Energy will ensure sufficient supply of coal. In addition, the two companies will cooperate in future coal-electricity projects.
Another Chinese solar group responds to US trade action
CNPV Solar has denied the allegations made in a trade action against suppliers of crystalline silicon PV cells and modules from the People's Republic of China.
Chinese electric cables found to be substandard
More than 10 percent of the China's electric cables were found to be substandard on sample checks on three major kinds of products.
Suntech's Dr. Shi appointed Chief Chairman of APVIA
Dr. Zhengrong Shi, CEO and founder of Suntech Power Holdings, has been appointed the first Chief Chairman of the Asian Photovoltaic Industry Association. He will hold the post for two years. Since the inception of APIVA on January 16, 2009, it now consists of 670 PV enterprises, 23 industry associations and 15 research institutions. The aim of the association is to encourage technological and economic information exchange, strengthen its members' connection with governments and societies in Asia, accelerate the progress in upgrading and popularization of technology, promote industry economy, while providing services to members and protect their legal rights and interests. Tom Wu, Secretary General of the Taiwan Photovoltaic Industry Association, said, “APVIA has a strong leader in Dr. Shi who can lead the Asian photovoltaic industry to achieve grid parity. We are excited to work together to help drive job growth and solar installations anywhere the sun shines." Dr. Shi founded Suntech in 2001 and inventor of 15 patents in PV technologies and has published or presented a number of articles and papers in PV-related scientific magazines and at conferences.
LDK Solar begins work on Inner Mongolian poly factory
LDK Silicon & Chemical Technology broke ground on its 30,000MT polysilicon manufacturing facility in the Hohhot Cirty’s Jinsan Development Zone.
Asia wind energy market is almost dead, China market seen to shrink
The Asian market for wind energy is disappointing with main drivers China and India seen to post barely flat growth in terms of annual installed capacity, says an expert.