Business / Energy

China's electricity consumption jumps 14.56% in 2010

[2011-01-17 10:44]

China's electricity consumption rose 14.56 percent year-on-year to well over 4.19 trillion kWh in 2010, the China Electricity Council (CEC) said Monday.

Discoveries fuel China's resource security

[2011-01-17 09:16]

Chinese geologists have detected "super-thick" oil and gas-bearing stratums in the northern part of the South China Sea and identified 38 offshore oil and gas-bearing basins, a senior official said.

Inner Mongolia's coal output hits 782m tons in 2010

[2011-01-14 14:25]

Inner Mongolia's coal output reached 782 million tons last year, making it the nation's largest coal-producing region for a second year running, local authorities said Friday.

PetroChina's oil, gas output tops 200m tons in 2010

[2011-01-14 11:19]

China National Petroleum Corporation (PetroChina), the nation's largest oil and gas producer, said on Thursday that its 2010 crude oil and gas output exceeded the equivalent of 200 million tonnes of oil.

China's net oil imports rise

[2011-01-10 15:50]

China increased net imports of crude oil by 1.4 percent in December from a month earlier as refineries maintained high operating rates to ease a diesel shortage, Bloomberg reported on Monday, citing data from the General Administration of Customs.

Shandong power plants report deficit

[2011-01-10 11:21]

Shandong's power plants lost 3.96 billion yuan in the first 10 months of 2010, up 271 percent year-on-year, China Business News reported Monday, citing information from the provincial economic and information technology committee.

Guangdong Nuclear plans to construct two reactors in Lufeng

[2010-12-30 11:15]

China Guangdong Nuclear Power Group Co, the nation's second-biggest atomic-plant builder, is planning two reactors in Lufeng city to help meet rising demand in Guangdong province, Bloomberg News reported Thursday.

Jiangsu exports more solar cells but at lower price

[2010-12-28 17:25]

East China's Jiangsu province sold abroad 23.52 million solar cells in the first 10 months of this year, a 190-percent year-on-year rise, the local customs house said on Dec 28.

Air-cooling system starts chilling clean-coal power plant

[2010-12-28 16:17]

In a world first, a one-million-kilowatt (kW) air-cooling system attached to an ultra-supercritical coal-fired power plant in a remote part of northwest China began operating Tuesday.

A golden handshake for China's biofuel

[2010-12-28 11:04]

Friendly policies for overseas investors to invest in China's biofuel sector have influenced partnerships between domestic and foreign companies to develop the alternative to fossil fuel.

Booming nuclear power industry boosts domestic firms

[2010-12-24 10:04]

Hydropresses, cranes, planers, drills and lathes hum in the workshops of China First Heavy Industries in northeast China. Outside, snow piles up and leafless trees shiver in the cold.

Goldwind to make mark in US with wind farm energy supply deal

[2010-12-22 09:41]

Xinjiang Goldwind Science & Technology Co will sell power to Commonwealth Edison Co from its Illinois project, the first large US wind farm using Chinese-made turbines.

JA Solar to expand capacity in 2011: CEO

[2010-12-20 09:39]

JA Solar Holdings Co, a Chinese maker of solar cells and modules, plans to expand solar-cell production capacity by at least 30 percent next year, Bloomberg News reported Saturday, citing the company's chief executive officer Fang Peng.

JA Solar to expand capacity in 2011: CEO

[2010-12-20 09:39]

JA Solar Holdings Co, a Chinese maker of solar cells and modules, plans to expand solar-cell production capacity by at least 30 percent next year, Bloomberg News reported Saturday, citing the company's chief executive officer Fang Peng.

China Sunergy in 120 mW deal with Ecoware

[2010-12-18 15:54]

Solar cell maker China Sunergy Co Ltd said it will supply 120 megawatts of photovoltaic modules to Italy's Ecoware between the current quarter and the third quarter of next year.

Datang comes up short at IPO

[2010-12-18 10:03]

China Datang Corp Renewable Power Co, the nation's second-biggest wind-power producer by capacity, fell on its debut in Hong Kong after a domestic rival canceled its initial public offering citing volatility.

Datang Renewable debuts 1% below IPO price

[2010-12-17 14:45]

China Datang Corporation Renewable Power officially listed on the Hong Kong stock exchange on Friday, with share price opening at HK$2.3 (30 cents), down 1.29 percent from its IPO price.

Longyuan to up overseas wind farm spending

[2010-12-15 13:16]

China Longyuan Power Group, the Hong Kong-listed new-energy unit of China Guodian, will invest 3 billion yuan ($450 million) in overseas expansion next year, and three wind projects in the United States are already under negotiation.

China to further promote green energy

[2010-12-15 06:51]

China will increasingly promote the use of clean energy, since the country's energy needs are expected to increase by an equivalent of 2 billion tonnes of coal in the next decade, an official said.

Green opportunities for storage-battery production

[2010-12-14 15:44]

Seeing robust demand from the new-energy automobile industry for energy storage, China's storage-battery companies have strengthened their efforts to innovate in the field of environmental protection technology.

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