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News on Energy & Resources in China

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Chinese wind power revives as investor favourite
Feb 11, 2021 (WiC 528)

China’s windpower sector had a surge in the final quarter of 2020, notching up more new additions in December (47 gigawatts) than in 2018 and 2019 combined, according to Wood Mackenzie, the global energy consultancy. A record 72GW of new ...

Solar stocks in surge on carbon-neutral plan
Jan 29, 2021 (WiC 526)

The electric vehicle (EV) sector is grabbing many of the headlines at the moment but there’s another industry that’s made a spectacular comeback over the past year. Solar stocks are sizzling – so much so that there are fears that some ...

Why have Chinese cities faced power outages?
Jan 8, 2021 (WiC 523)

Readers who are wondering how they will cope with the new Covid-19 lockdowns being imposed in a number of countries at the beginning of 2021 might spare a thought for the Indian sailors trapped aboard two merchant ships outside Chinese ports ...

UHV project launches early
Jan 8, 2021 (WiC 523)

Power shortages have hurt Hunan province this winter, but policymakers hope they will become a problem of the past after the National Development Reform Commission (NDRC) approved the construction of an ultra-high voltage (UHV) transmission line ...

Contract killer

Sizzling Chinese iron ore futures irk regulators
Dec 11, 2020 (WiC 522)

Refer to Iron Man and many will think of the superhero played by Robert Downey Jr in the Marvel movies. But the Chinese press has been speculating that another ‘Iron Man’ is operating closer to home, hard at work manipulating iron ore futures ...

Discipline panel

Anti-graft probe takes shine off JA Solar
Nov 20, 2020 (WiC 519)

Knowledge is the beginning of practice; doing is the completion of knowing.” So said the 15th-century neo-Confucian philosopher Wang Yangming. It’s also an apt metaphor for investigators at China’s anti-corruption body, who are trying to ...

Depth of experience

CNOOC debuts new technology to tap heavy oil reserves in the Bohai Sea
Oct 2, 2020 (WiC 513)

Shale and renewables have transformed the outlook for the energy industry, postulates Pulitzer Prize winner Daniel Yergin in his latest outing, The New Map: Energy, Climate and the Clash of Nations. Published last month, the book still ...

Polysilicon manufacturers shares back in focus after industrial accidents
Sep 4, 2020 (WiC 509)

When four explosions ripped through a GCL-Poly Energy plant in mid-July, it wasn’t just the polysilicon firm’s distillation system that erupted. The share prices of its two main competitors in China exploded too. New York-listed Daqo New ...

Another boom in coal-fired power plants in China
Jul 31, 2020 (WiC 506)

Coal has no place in Covid-19 recovery plans. So said UN secretary-general Antonio Guterres at an energy summit recently. But has that message reached the Chinese, who account for half the world’s coal demand? In 2019 coal consumption in ...

Debt-laden Tianqi to sell Aussie lithium mine?
May 29, 2020 (WiC 497)

Lithium was once better known as a mood stabiliser, particularly for people suffering from bipolar disorder. It’s only in the last decade that it has established more of a reputation as a key material for the batteries that power electric ...

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