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February 20, 2014

Groundbreaking Analysis Shows China’s Renewable Energy Future Within Reach

A report released by the World Wildlife Fund Wednesday shows that by embracing conservation measures and renewable energy, China can transition to an 80% renewable electric power system by 2050 at far less cost than continuing to rely on coal, without compromising the reliability of the electric grid or slowing economic growth. (World Wildlife Fund)
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February 20, 2014

China out-spends the US for first time in $15bn smart grid market

China spent $4.3bn on smart grid in 2013, with a large part of that going on the installation of 62m meters. China now has just under 250m smart meters installed but has indicated that it will push out the end-date for completing its metering programme from 2015 to 2017. (Bloomberg New Energy Finance)
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February 20, 2014

JinkoSolar signs PV modules supply deal with Premium Energy

China-based JinkoSolar Holding has signed an agreement with its distributor Premium Energy to supply photovoltaic (PV) modules to the Swiss Embassy in Tokyo, Japan. (Energy Business Review)
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February 20, 2014

Solar farm taps crowd funding for 10m yuan project

United Photovoltaics Group, controlled by state-backed finance-to-logistics conglomerate China Merchants Group, aims to raise 10 million yuan through what it claims to be the world's first megawatt-scale, off-power-grid solar farm project funded by an internet "crowd fundraising" platform to be built in Qianhai. (SCMP)
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February 19, 2014

Sinopec plans to open its China oil distribution networks

China’s oil refining giant Sinopec plans to open its distribution networks to outside capital, in a move that could loosen the large oil companies’ grip over the country’s fuel markets. Sinopec said on Wednesday that it would allow social capital – in China, a term that refers to state-controlled pension funds and the like – or private capital to take up to 30 per cent stakes in its oil product marketing operations. (Financial Times)
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February 19, 2014

China's Shandong province bans new oil refining projects

Eastern China's Shandong province has banned approvals of new oil refining projects, a state oil major said, the latest move to tackle overcapacity in the second largest oil consumer. (Reuters)
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February 18, 2014

The Ministry of Environmental Protection announces 2 trillion RMB water protection plan

The Ministry of Environmental Protection recently announced it will invest 2 trillion yuan in a new "Water Pollution Prevention Action Plan”. The proposed plan includes construction of new sewage treatment plant sludge treatment facilities, and plant retrofits over the next five years, The plan also calls for increased water prices and sludge treatment fees in the country. (Xinhua)
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February 18, 2014

Harvard China Project studies advantages of coupling wind power and electrified space heating in Beijing

A study led by China Project researchers Chen Xinyu and Lu Xi investigates the prospects for using electrified space heating in Beijing as a form of energy storage, easing grid integration of renewable power and reducing carbon emissions and air pollution. The paper appears in Environmental Science & Technology. (Harvard China Project)
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February 17, 2014

BYD-Daimler and ABB partner to solve charging challenge

Electrical equipment giant ABB announced last week in Stockholm that it will enter into a partnership with Shenzhen BYD Daimler New Technology Co to supply direct-current fast chargers over the next six years. First deliveries are expected by the middle of the year. The chargers will be sold through BYD-Daimler's Denza dealerships along with the Denza vehicle. (ECNS)
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February 17, 2014

Sungrow to develop 300MW of PV projects with Huaneng New Energy

Major China-based PV inverter manufacturer, Sungrow Power Supply has signed a ‘strategic cooperation framework agreement’ with Huaneng New Energy a state-owned energy developer to construct more than 300MW of PV projects through 2015. (PV Tech)
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