Guangdong is so far one of the provinces and regions where new energy is shielded from the market risks. However, the situation will change starting from next year. In December, right before the organization of the annual contract signing for the power transaction in 2023, Guangdong Power Exchange released the implementation plan for Guangdong New …
The hoisting of the first wind turbine of the CHN Energy Bozhong B2 Offshore Wind Power Project has recently been completed. The Bozhong B2 project is in the northern sea area of Dongying City, Shandong. The offshore distance of the site center is about 19km, and the water depth is 17-19m. The project has a …
First turbine installed at the CHN Energy Bozhong B2 501.5MW offshore wind project Read More »
Sinopec Group Co., Ltd. announced on the 23rd of November that Sinopec’s first megawatt-scale renewable electricity electrolysis hydrogen production demonstration project was successfully delivered in Zhongyuan oil field located in Henan before being launched officially. The PEM-hydrogen project is equipped with a 3.66MW solar power station and a 9MW wind power project. After the project …
Mid-term delivery of Sinopec’s first MW-level green hydrogen demonstration project Read More »
A few days before the beginning of COP27, the Chinese Ministry of Ecology and Environment (MEE) released a draft for consultation of the National CEA Quota Setting and Distribution Implementation Plan for 2021 and 2022《2021、2022年度全国碳排放权交易配额总量设定与分配实施方案（征求意见稿）》for the power industry. According to the MEE, the new quota formulation and distribution plan will prioritize energy security and stability …