Companies are trying to flex their muscles in an economy that has grown at breakneck speed since the global economic meltdown, and there's not enough electricity to power the work.
The power shortage, which is rare in low-energy-consuming months, has cut a large swath in the country, including important economic powerhouses in the east and south and many provinces in other parts of China.
China's solar energy industry is ready to boom in the next 10 years with the nation expected to become a major photovoltaic-module consumer after being the biggest exporter, said a senior executive with Applied Materials Inc.
China's Yanzhou Coal Mining Co has offered more than $3.74 billion to acquire the Australian coal miner Whitehaven Coal Ltd.
China's capacity of rural hydropower is expected to hit 74 million kilowatts by 2015, said the country's Water Resources Minister Chen Lei Saturday.
China's electricity regulatory authority reiterated the need for China's wind turbines to be equipped with low-voltage ride through capability to protect the security of the country's power grid.
China's Ministry of Commerce said Friday that it has asked local departments to crack down on illegal oil sales, compulsory tie-in sales and overcharging.
The power shortage in China is mainly due to a thermal power supply slump as the power companies are struggling financially.
Aiming at becoming the biggest private oil and gas service company in Southeast Asia, LandOcean Energy Service Co Ltd will expand its business into the exploration sector for the first time in 2011.
China's highest power-station coal prices in more than two years may prompt a rebound in imports as Australian and Indonesian supplies become more attractive and inventories drop to "crisis" levels.
Shenning Group, a subsidiary of China's biggest coal producer Shenhua Group, said Thursday that the world's largest coal-based olefin plant in northwest China had started operating.
Lhasa will bid farewell to liquefied petroleum gas (LPG) and welcome greener liquefied natural gas (LNG) with the completion of a new energy project in mid-October, said local authorities on Thursday.