China

Southeastern China’s Jiangxi Jiujiang Power Plant, owned by China Guodian Corporation, plans to construct a coal-storing center in Qianjing Industrial Base in Lushan, Jiangxi province, local paper reported.

China Three Gorges Corp. announced it will take further steps to rectify financial problems that were uncovered during a recent audit.

China Guodian Corp. will invest US$3 billion in the development of energy programs in southwest China's Chongqing Municipality over the next five years. According to an agreement between China Guodian Corp. and the Chongqing municipal government, the company will fund a variety of energy projects, including thermal power stations, wind power stations, natural gas power stations and biomass power stations in Chongqing and its surrounding regions. "Chongqing's fast economic growth has brought great opportunities for the development of energy," said Zhu Yongpeng, general manager of China Guodian Corp., one of the country's largest state-owned power companies. Zhu estimates that Chongqing's power consumption will grow at an annual average rate of 12.1 percent over the next five years. In 2010, energy consumption in Chongqing totalled 62.5 billion kilowatt-hours. Tong Xiaoping, vice mayor of Chongqing, said the total installed capacity of Chongqing's power stations will double to 22 million kwh by the end of 2015 to accommodate the growing demand. The full story is available at xinhuanet.com.

China Wind Systems net income increased 36.9% year-over-year to $2.7 million. It's operating income increased 24.1% year-over-year to $3.6 million

Normally, electricity prices should go up to reflect strong demand, but China experienced otherwise, says a report..

Normally, electricity prices should go up to reflect strong demand, but China experienced otherwise, says a report.

GCL-Poly 500MW monosilicon project is expected to take two-years to reach its initial capacity of 3,500MT.

Voith Hydro will supply equipment for hydro power projects in China and has secured two contracts worth €40m or $56.3 from two companies.

Security management in Chinese nuclear plants should be further improved with plans drawn up for extreme disasters, as well as secondary ones, said Zhao Chengkun, vice chairman of the China Nuclear Energy Association.

As Governments and utilities around the world continue to work on the deployment of the Smart Grid initiative, cyber security issues around such an infrastructure are now top priority in relation to national security and investment.

SolarBridge Technologies’ plans to increase the production capacity to over 70MW for its Pantheon microinverter have reached a promising new level with the beginning of the microinverter’s volume production at Celestica’s facility in Dongguan, China.

A strategic cooperation agreement was signed between CPI and Agricultural Bank of China was held in Beijing.

GCL-Poly Energy Holdings has placed an order with Applied Materials for wire saws with a wafering capacity of 2.5GW.

CWP's Inner Mongolia Wuchuan Yihemei wind farm CDM project has been successfully registered.

The 300 MW Unit 1 of Liangcun Co-generation Plant Phase 1 of CPI Hebei Branch was put into commercial operation after a successful 168-hour full-load test running.

United Solar Ovonic Jinneng will supply Uni-Solar thin-film PV laminates for the 565kW rooftop solar installation at Tianjin West Railway Station in Tianjin, China.