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China, A.D.B. sign agreements for measures to address problems with pollution and the environment

China’s Environmental Protection Ministry and the Asian Development Bank have signed memorandums of understanding to deepen their cooperation in addressing the country’s problems with pollution and climate change. Under one of the memorandums, a partnership has been created between the two parties from 2014 to 2018. Within this time period A.D.B. will cooperate with China in terms of the pre...

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Ascent Solar to build thin film solar module plant in Suqian, China

Ascent Solar Technologies, Inc. will be building their newest manufacturing plant in Suqian, Jiangsu Province, China. The company, which develops and manufactures thin-film photovoltaic modules, signed a definitive agreement with the government of the municipal city of Suqian to form a joint venture entity to establish their manufacturing facility in the area. "The signing of this definitive agreement...

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Heavy smog blankets China’s cities

Over a hundred cities in several provinces in China have experienced smog this past week, an issue that is being blamed largely on motor vehicles. In total, 104 cities in 20 provinces near and within the Beijing-Tianjin-Hebei region and the Yangtze River Delta region have been covered in thick smog in the past few days. This smog reduced visibility to less than 10 meters in some locations. The smog,...

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Hong Kong’s recycling program collects 5,000 pieces of e-waste

Hong Kong’s Environmental Protection Department’s recycling program was able to collect 5,500 pieces of waste electrical and electronic equipment in an attempt to bolster recycling habits in the region. The month-long initiative, School Recycle W.E.E.E. (waste electrical and electronic equipment), was seen in 145 schools, sharing the “Use Less, Waste Less” message with teach...

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Clean energy fund for Southeast Asia garners $164 million

Around $164 million in capital commitments is available for renewable energy projects in Southeast Asia. Armstrong Asset Management has announced that they have been successful in garnering support from investors for their first clean energy fund. The fund will focus on the development and construction of small-scale clean energy infrastructure projects in the emerging market of Southeast...

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Toyota plans widespread deployment of E.V., P.H.V. chargers in Japan

Toyota Motor Corporation is planning to carry out tests which will assess the practicality of widespread deployment of chargers for electric vehicles and plug-in hybrid vehicles across Japan. The tests, which will look at the need for more chargers, will be carried out in Aichi Prefecture, Japan, from November 15, 2013, to March 15, 2014. It will be conducted jointly with the local go...

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Chinese economy’s present and future analyzed at China NOW Summit

LOS ANGELES — Executives and scholars from the People’s Republic of China and other countries discussed the importance of investing in the booming Chinese economy immediately at the first annual China NOW Summit on October 3, 2013. 500 people, including Chinese nationals who conduct business and study in California, participated in the day-long. event at the Hyatt Regency Century Plaza which was organized by Shanghai-head...

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Alstom to equip 850 MW-hydropower plant in India

Indian conglomerate GVK Power and Infrastructure Ltd. has awarded Alstom a contract worth around $135 million to equip the 850 megawatt-Ratle hydropower plant with turbines. Under the contract, Alstom will supply the hydropower plant with four Francis turbines that are rated at 205 MW each, and one Francis turbine rated at 30 MW. The contract is slated to begin in the second quarter of the cur...

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Diplomats discuss investment in Saudi Arabia’s economy at USC

LOS ANGELES — Diplomats based in the Kingdom of Saudi Arabia shared news about the country's latest societal and economic developments at the University of Southern (USC) Davidson Conference Center on September 16, 2013. Invitees of Dr. John Odell, Professor of International Relations at the USC Dana and David Dornsife College of Letters, Arts and Sciences, discussed what they’ve learned about Saudi business opportunities...

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Concord Energy, Cool Planet to bring biofuel to Asian Pacific market

Singapore’s Concord Energy has signed an agreement with biorefinery developer Cool Planet Energy Systems to establish a joint venture in the Asia Pacific Region for the development of biofuel facilities. Concord Energy is a leading crude oil and refined petroleum product trading company. They have made a financial investment in Cool Planet, which develops and deploys small-scale biorefineries...

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