China's latest clean energy news
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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. …
China’s National Development and Reform Commission (NDRC) recently published a document on ‘Improving Institutional Mechanisms and Policy Measures for Green and Low-Carbon Transformation’. The document notably suggests to: Prioritize energy saving, reinforce the energy consumption intensity management, and enhance the …
Mingyang and Shanghai Electric new offshore wind power facilities shortlisted in Jiangsu’s 2022 major project list
Jiangsu Province officially issued the “List of Major Provincial Projects for 2022”. The “List” includes a total of 220 implementation projects and 27 reserve projects, with an annual investment of 559 billion CNY (88 billion USD), an increase of 6 …
Longyuan power to integrate floating offshore wind power and aquaculture
Longyuan Power has recently launched a tender for a floating offshore wind power and aquaculture integration project. Longyuan Power is exploring an economical and effective development plan for deep sea offshore wind energy resources and a development model that integrates …
In 2022, Zhejiang will start the construction of 1GW of energy storage projects and 4GW wind and solar projects
Zhejiang’s government recently released its work report for 2022. This year, Zhejiang ambitions to start the construction of 7 GW of ‘clean thermal power’ and 1 GW of new energy storage projects, while adding more than 4 GW of wind …
China solar project transactions reached 8 GW as projects change hands from private to state owned actors
According to latest statistics from BJX, 59 photovoltaic power station transactions took place this year, representing a scale of over 8 GW and a value of 26.8 Bn CNY (4.21 Bn USD). The main buyers were China’s state-owned enterprises such …