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Mingyang takes stake in Chinese battery company for 190 million CNY

Mingyang Smart Energy, a major wind turbine manufacturer, will acquire a 13.03% stake in Higee Energy, a battery manufacturer based in Jiangsu. The 190 million CNY (30 million USD) investment will make Mingyang the third largest shareholder of the company. Higee Energy was established in April 2016. It is mainly engaged in the research and …

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China Energy launches feasibility studies for 2.35 GW and 1 GW integrated energy bases in Inner Mongolia

China Energy Group has announced the results of tenders for the provision of feasibility study reports for two planned energy bases in Inner Mongolia. The two energy bases represent 2.35 GW and 1 GW in capacity divided into 7 and 2 separate renewable projects bundled with ESS respectively. The two energy bases will integrate solar, …

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NDRC encourages new infrastructure such as data centres and 5G to use clean energy

China’s National Development and Reform Commission (NDRC) has recently released a plan for the green development of new infrastructure equipment such as 5G or data centers. By 2025, the plan expects data center operation power utilization efficiency and renewable energy utilization rate to be significantly improved. It encourages the consumption of renewable energy such as …

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NEA releases rules for the reconstruction or upgrade of wind farms

China’s National Energy Administration (NEA) recently released a guiding draft for the reconstruction or upgrade of existing windfarms in China. The document details the rules and guidelines for developers wishing to reconstruct or upgrade their current windfarms. Notably, if a project is upgraded, subsidies will be paid according to the agreement of the initial construction …

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