News
Market Updates
China set to elevate environment over development in new law
Amendments to China's 1989 Environmental Protection Law are expected to be finalized later this year, giving the Ministry of Environmental Protection (MEP) greater authority to take on polluters. The legislation also proposes to formalize a system by which local cadres are assessed according to their record on pollution issues, including meeting emissions targets. (Reuters)
China Inc joins the big league in oil and gas services
Global oil companies are increasingly turning to China for services and equipment, attracted by lower costs and a newly acquired expertise that is challenging more established rivals. (Reuters)
Australian solar-tech firm wins China contract
RayGen Resources has signed a $60 million investment and distribution deal to supply its concentrated solar PV technology into China, with a target to "secure global exports beyond $1 billion by 2020”. (Climate Spectator)
3D printed houses built in Shanghai from fiber reinforced cement
A Shanghai building company WinSun Decoration Design Engineering Co has erected a small village of pitched-roof, 3-D printed structures in about a day. Individual components are made in part from recycled construction waste, industrial waste, and tailings before being assembled into a house. A fully fabricated unit is expected to cost less than $5,000. (India Times/3Ders)
China cuts in coal use may mean world emissions peak before 2020
Global greenhouse-gas emissions may peak before 2020 if China achieves a plan to drastically cut its coal use, reducing carbon production equivalent to Australian and Canadian output combined, Greenpeace says. (Bloomberg)
Zap readies new urban EV 'Urbee' for smoggy China
Zap Jonway is introducing a small urban vehicle ‘Urbee' aimed at second and third tier Chinese cities. No prices were disclosed for the car that has a "city driving" top speed and is able to go as far as 90 miles on a single charge. (Autoblog)
Jun Yang Solar raising US$25.2 million for planned DG PV projects in China
China-based PV project developer, Jun Yang Solar Power Investments, is raising approximately US$25.2 million through a convertible bond on the Hong Kong Stock Exchange to support a partnership in building a number of distributed generation PV power plants in China. (PV Tech)
Audi and FAW Group partner to launch plug-In hybrid for Chinese market
Audi AG has become the latest foreign auto maker aiming to help China reach its clean-car ambitions, as it unveiled plans to build a plug-in hybrid with its local partner. (Nasdaq)
Franshion Properties increases investment in green technologies
Franshion Properties, the Hong Kong-listed real estate arm under Sinochem Group, will invest 2 million yuan this year in the research and development of green technologies, according to the company's chief designer. The company just introduced Asia's first platinum-certificated LEED school in Guangqu Jinmao Palace, a project along the capital's eastern fourth ring road. (ECNS)
Wuxi Suntech calls for an end to US-China solar trade disputes
In a call to unite a financially battered industry, Eric Luo, the CEO of Wuxi Suntech, warned that unless the trade issues between the USA and China are resolved, the PV industry would dramatically shrink. (CIOL)
