China's 16 centrally-managed State-owned Enterprises (SOEs) will form an association Wednesday, aimed at developing China's own electric cars, the Shanghai Securities News reported Wednesday.
China has taken the lead in utilizing green technologies and is expected to be a major market for carbon capture and storage technologies.
China's first commercial carbon capture and storage plant is expected to be operational by the end of the year as construction of the plant's liquidification facility has started, company managers said Wednesday.
Steel industry restructuring in Shanxi province may kick off this summer, with State-owned Taiyuan Iron and Steel Group and Shougang Group leading the province's 60 million tons of capacity consolidation. Steel firms nervous over talk of rebate cut
China and the United States on Wednesday signed eight green energy deals to enhance cooperation in the sector, a move analysts said would set examples for global collaboration in increasing energy efficiency and protecting environment. Biofuel flight
China will launch its first flight using aviation biofuel this year after signing an agreement with US aviation giant Boeing on Wednesday.
Companies from China and Finland signed twelve deals on clean technology with a total contract value of around $250 million on Wednesday.
China Power Investment Corp, one of the nation's five largest electricity producers, plans to build nuclear plants in southern and northeastern China as domestic energy demand surges, said a company official.
China, the world's second-biggest fuel user, is seeking overseas partners to help build fourth- generation nuclear reactors to meet rising clean-energy demand.
Entrepreneurs in Wenzhou may have been left high and dry by the bleak outlook in the property market and the consolidation wave in Shanxi coal mines, but a new document about encouraging individual investors to enter traditionally State-owned sectors offers them new hope.
GCL-Poly Energy Holdings Ltd, in which China's sovereign wealth fund holds a stake, may build solar farms with a total capacity of as much as 500 megawatts to help meet demand in the world's fastest-growing major economy.
On the coast of China's Jiangsu province, there is a cluster of nuclear power plants and wind farms. Using technology both developed domestically and overseas, they are changing the energy landscape of the area. Windy province seeks to sell nature's bounty
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