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March 1, 2014

China's Geely acquires U.K. electric-car startup

Geely said it acquired British electric-vehicle startup Emerald Automotive for an undisclosed sum. Victor Yang, a spokesman for the Chinese auto maker, said Saturday that the acquisition would help the company generate "next generation" taxis, including electric vehicles. (Market Watch/WSJ)
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March 1, 2014

LG Chem CEO says mulls electric car battery plant in China

Chief executive of LG Chem said that the South Korean company is considering building an electric vehicle battery plant in China, expecting Beijing's efforts to tackle air pollution to drive demand. (Reuters)
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February 28, 2014

China’s smog has silver lining for green trade, says Denmark

China last month joined a campaign by major trading powers, including the United States and the European Union, to remove barriers on trade in green goods, ranging from solar panels to wind turbines, a market worth US$1 trillion a year. (SCMP)
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February 27, 2014

China to build 12 trans-regional power transmission lines

China is planning to build 12 trans-regional power transmission lines to help transmit electricity from resource-rich provinces to smog-hit eastern and central areas, the State Grid said on February 26. In 2014, the National Energy Administration will focus on the construction of long-distance power transmission lines and UHV AC/DC lines. (SxCoal)
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February 27, 2014

China preparing list of solar projects eligible for government support

The Chinese government is compiling a list of solar projects across the country that are to be eligible for financing from the China Development Bank (CDB) as part of a fresh round of state support for China's booming solar PV industry. Provincial authorities must put forward their recommendations for solar projects to receive financing by April 2. (PV Magazine)
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February 26, 2014

BYD gets green light to sell electric cars in Beijing, Shanghai

BYD Co. has gotten approval to sell its electric vehicles in Beijing and Shanghai, marking a breakthrough for the Warren Buffett-backed company in efforts to kick-start its fledgling "green cars" business. (Market Watch/BYD)
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February 26, 2014

China’s smog has silver lining for green trade, says Denmark

The National Energy Administration (NEA) has published the fourth instalment plan of wind power projects for the Twelfth Five-Year Period (2010-2015). The new wind installations on the list total 27.60GW, more than the 20GW that had been widely expected. (Wind Power Monthly)
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February 24, 2014

Fisker and Wanxiang to restart Karma production this year

U.S.-based Fisker Automotive, which has been acquired by China's largest auto parts company, plans to restart production of its Karma plug-in hybrid luxury car "within a year" and will also complete the half-finished development of a second model, according to a senior executive. (Reuters)
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February 24, 2014

Kandi plans electric car network in Beijing, Shanghai

Kandi Technologies Group, a Chinese electric carmaker that rents out vehicles to the public, said the service is profitable and plans to expand it to cities including Beijing and Shanghai. In Hangzhou, the company is working with the local government to add rental stations to public parking lots, hotels, department stores and high-speed train stations. (Bloomberg)
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February 21, 2014

China to rate industry environmental protection efforts starting March 1st

The Ministry of Environmental Protection (MEP) announced on January 2 the introduction of a credit rating scheme that will measure a company's environmental protection efforts according to a designated standard. The Scheme is due to launch on March 1. Industries covered include energy, transportation, thermal power, steel, cement, coal, chemical, petrochemical and building materials, among others. (Mondaq/Jones Day)
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