$20b deals take clean energy cooperation to practical levels

2011-01-26 10:57:03

The recently announced $20 billion deals on clean energy between China and the United States have brought collaboration between the two countries to the next level, boosting closer ties on green technology.

Elion Resources to turn sandy land green

2011-01-25 17:32:01

Elion Resources has signed an agreement to partner with Tongliao of the Inner Mongolia autonomous region in developing an ecological economy in the Kerqin region. The signing ceremony was held on Tuesday in Beijing.

Datang poised for solar

2011-01-25 16:26:53

China Datang Corp is poised to win China's first solar photo-thermal power plant project because the company offered a lower-than-expected price in its bid for the project, China Business News reported on Tuesday, citing an unnamed source.

Powering up new energy partnership

2011-01-25 15:07:26

The development of the new energy industry has moved high up the agenda of many countries in the face of the common threats of global climate change and energy insecurity.

Chinese PE firm Yun Feng raises $1.52b

2011-01-25 15:06:47

China's private equity fund Yun Feng Capital has raised about 10 billion yuan ($1.52 billion) through two funds to invest in Internet, consumer and new energy firms in China, its chairman David Yu said.

Foreign markets boost CNEEC

2011-01-25 13:58:46

China National Electric Engineering Co Ltd (CNEEC) says it secured most of its 2010 revenue from overseas power station projects, representing the Chinese contractor's capacity in the international Engineering, Procurement and Construction (EPC) market.

CNNC, Exelon agree on nuclear service cooperation

2011-01-24 15:28:32

Chinese nuclear power developer China National Nuclear Corp (CNNC) and US-based Exelon Corp signed an MOU last week, marking the first step for the top US nuclear power operator to provide nuclear power service in China.

China to auction 8 shale gas blocks in Q1

2011-01-21 11:29:16

China will auction eight shale gas exploration blocks in the first quarter of this year, two more than first planned and months later than originally scheduled for November last year, a ministry official said on Thursday.

Natural gas consumption to increase

2011-01-21 09:44:35

China's apparent natural gas consumption is expected to grow by 22.6 percent in 2011 from 106 billion cubic meters (cu m) in 2010. That's because domestic consumption of the clean fuel is set to surge in accordance with the country's need to reduce carbon emissions.

Sun shining brightly on blossoming green industry

2011-01-20 17:01:49

China is on track to play a leading role in the green sector, as more Chinese companies in the sector are investing in the United States and creating jobs.

China steps on the gas for energy

2011-01-20 11:22:42

China will spend an average of 500 million yuan ($74.6 million) each year on exploring oil and gas resources over the next two decades to counter the country's growing dependence on imported energy.

China may lead in electric vehicle race

2011-01-20 10:01:46

China could lead the race to roll out electric vehicles and will deploy new transport technologies faster than the United States, according to a report by Accenture that compares the two countries.