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Tue07072015

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China to reap opportunities from investing billions in clean technologies

China’s plans to invest billions of dollars in clean technologies will provide the country with a multitude of opportunities. China plans to invest 1.8 trillion yuan, or $294 billion, on renewable energy, and an additional 2.3 trillion yuan, or $375 billion, on energy efficiency during the current 12th Five-Year Plan (see related story). A Chinese energy analyst has said that this will present a lot of opportunities for the country,...

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Yingli Green Energy, L&H Group sign agreement to distribute solar modules in Australia and New Zealand

China’s Yingli Green Energy Holding Company is expanding its footprint in the Australian and New Zealand solar market. Yingli Green Energy has announced that its wholly-owned subsidiary, Yingli Green Energy Australia Pty Ltd., has entered into a sales framework agreement with L&H Solar + Solutions, a subsidiary of L&H Group, the largest electrical wholesaler in Australia and New Zealand. “This agreement...

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China's air pollution “severe” for first half of 2013

The air in several Chinese cities and provinces was reportedly heavily polluted in the first half of 2013. Among the cities and provinces that are suffering from heavy air pollution in the first half of the year are Beijing, Tianjin, and Hebei, according to the Ministry of Environmental Protection, reported the Shanghai Daily. “The air pollution situation in Chinese cities is severe,” said the...

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China needs to address its growing environmental pressure – U.N. Report

China is currently at the top of the list when it comes to material consumption, thereby straining the country's environment and natural resources, according to a new report released by the United Nations Environment Programme. Based on the report, titled “Resource Efficiency: Economics and Outlook for China,” the country has become the largest consumer of primary materials, such as constriction minerals,...

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China to boost renewable energy development, curb air pollution

China is taking serious moves towards becoming a low-carbon economy, making several plans to boost its renewable energy development in 2013 up until 2015, while taking stringent measures to reduce the country’s air pollution. In line with combating climate change, China will be spending 1.8 trillion yuan, or $294 billion, on developing renewable energy through 2015. In addition to investing heavily in renewable...

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China Sunergy providing modules for ground-mounted installation in Malaysia

China Sunergy Co., Ltd is continuing their push into the Malaysian solar market with a shipment of modules for a ground-mounted solar system from Pekat Solar Sdn Bhd. This is the second solar module deal that China Sunergy has with Pekat which is a photovoltaic service and engineering solutions provider certified by Malaysia’s Ministry of Energy, Green Energy and Water. The first was for rooftop solar installations...

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India loses $80 billion annually due to environmental degradation

The annual cost of environmental degradation to India is around $80 billion, equivalent to 5.7 percent of the country’s gross domestic product, according to a new report by the international financing institution the World Bank. The World Bank’s report, titled “Diagnostic Assessment of Select Environmental Challenges in India,” is the first-ever national level economic assessment of environmental degradation in the...

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China’s Xiangjiaba hydropower plant now half operational with 3,200 MW

China’s Xiangjiaba underground hydropower plant has begun commercial operation producing 3,200 megawatts with four of the eight hydroelectric generating units from Alstom installed. Each of the four hydroelectric generating units, which are now installed and operational, can produce 800 MW. Designed and manufactured in Alstom’s factory in Tianjin, China, each unit will be able to supply the electric consumption of...

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Philippines to see 81 MW of wind power connected to grid next year

Philippine-based conglomerate Ayala Corporation will be connecting a wind power project to the grid by 2014. In a statement, Ayala Corporation announced that their wholly owned subsidiary AC Energy Holdings, Inc. has signed an investment framework agreement and shareholders’ agreement with UPC Philippines Wind Holdco I B.V. and the Philippine Investment Alliance for Infrastructure Fund (PINAI) to form...

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Greenpeace calls for accountability among R.S.P.O. members for Sumatra fires, Singapore haze

Greenpeace International has called for accountability among the members of the Roundtable on Sustainable Palm Oil for the recent fires in Sumatra which caused the haze in Singapore. Greenpeace disapproves of the R.S.P.O.’s move to investigate only five companies who had been named in media reports. The environmental organization pointed out that the five companies being investigated were not the ones...

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