China's National Energy Administration and the United States Department of Energy signed 18 deals worth $13 billion on Tuesday, ushering in President Hu Jintao's four-day state visit to the United States.
China, US reach $45 billion in export deals
China's Ministry of Land and Resources announced Tuesday that authorities in the country have found and ordered the clean-up of more than 280 illegal mines in an effort to regulate the exploration of valuable minerals, such as rare earths.
The Second US-China Strategic Forum On Clean Energy Cooperation started in Washington on Tuesday, bringing together government leaders, business executives and experts from both countries to discuss an array of energy collaboration topics.
It will take at least a decade for China to start the large-scale industrial application of spent fuel reprocessing technology, which may be the solution to the supply shortage, the China National Nuclear Corp (CNNC) said on Monday.
China became the country with the world's largest installed wind power capacity at the end of 2010, Guangzhou Daily reported Monday, citing information from the China Association of Resource Comprehensive Utilization.
The China South Industries Group Corporation (CSGC), the nation's leading military industrial company, said on Saturday that it would make more efforts focused on new energy development during the next 5 years.
China exceeded its target on reducing pollutant emission during the 11th Five-Year Plan from 2005 to 2010, according to the Ministry of Environmental Protection on Jan 13. A total of 500 million kilowatts of desulfurization facilities in coal-fired power plants has been built and the urban sewage treatment rate had reached 75 percent, 23 percent more than in 2005.
Sinovel Wind Group Co, China's biggest maker of wind turbines, fell on its first day of trading in Shanghai as rising competition for clean-energy products fueled concern the company's shares may be overvalued.
Wanxiang New Energy - set up by Wanxiang America, a Chicago-based Chinese company - is so far the only solar panel manufacturing plant in the Midwest. By 2015, the plant is expected to employ more than 200 workers.
The demand for green products and services appears to be skyrocketing in China, but businesses are underestimating consumer interest and awareness in environmental issues, according to TUV SUD Asia Pacific.