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Legislation finally being reviewed by Beijing not only addresses power generation and climate change, but also security and self-reliance amid rivalry with West.
- The discussions, which will take place in California, will concentrate on industrial decarbonisation, carbon markets and clean energy deployment
- The talks are the first since US President Joe Biden announced substantial tariffs on Chinese electric vehicles, solar panels and lithium-ion batteries
The acquisition ‘vertically integrates the energy supplier and key end-user’, Hans Energy CEO Yang Dong says, adding that its ‘strategic development of the hydrogen industry’ aligns with Citybus’s net-zero emissions goal.
Falling prices and ‘operational pressures’ are flagged at a meeting of the China Photovoltaic Industry Association amid domestic overcapacity concerns.
Samaila Zubairu, head of the development bank, says China should not see the continent as just the source of raw materials.
‘Hong Kong is our hometown, [and] if there are projects with reasonable returns, we will definitely invest,’ Victor Li says at CK Infrastructure’s annual general meeting on Wednesday.
The 2GW pilot project is coming up near its nuclear plant in Jiangsu province. The US$1.4 billion project will include a 0.4GW energy-storage facility and cover an area larger than Hong Kong’s Tseung Kwan O district.
Environment and Ecology Bureau says government ‘very concerned’ by string of CLP Power voltage falls in first part of year and proposes new penalty charges.
Hong Kong should learn from China’s experience and adopt Europe’s stringent definition of green hydrogen while formulating a strategy on the clean-burning fuel, according to Civic Exchange.
Bilateral trade, an important lifeline to Russia since it invaded Ukraine, is already at a record US$240 billion, with China its largest customer for crude oil.
The world’s largest double-decker bus maker, Alexander Dennis, said electrification is the future for Hong Kong’s bus fleet and hopes to roll out more battery-powered models for the city to meet its decarbonisation goals.
Facilities capable of producing 70,000 to 100,000 tonnes of green methanol from leftover food will be ready by the end of 2025, Shi Pingyang, vice-president of Shenergy, told reporters on Wednesday.
Analysts discuss how Beijing could respond to Washington’s latest trade offensive, and how the impact could have repercussions beyond China’s borders.
A ChatGPT-led boom in artificial intelligence is expected to fuel an exponential growth in demand for liquid cooling technology from data centre operators, according to Macquarie Capital.
A carbon trading system that promotes tighter supply and higher prices can induce China’s cement makers to undertake costly investment, Ian Riley of World Cement Association says.
The International Chamber of Sustainable Development will also expand the accredited planner course, which more than 3,000 people have completed in Hong Kong, to Southeast Asia and the Middle East.
US imports of used cooking oil more than tripled in 2023, with more than half coming from China, according to the US International Trade Commission.
The success of the station could have big implications for the industry, as the new technology is seen as a promising alternative to resource-dependent lithium batteries.
The United States is reportedly planning to raise tariffs on Chinese clean energy goods such as electric vehicles, batteries and solar products, with an announcement expected this week.
Two Chinese firms withdraw bids for Romanian photovoltaic park contracts after Brussels opens investigations under its foreign subsidies regulation.
Finance deals made through smaller Chinese banks would help ‘resolve the threat of secondary sanctions’, according to fresh findings by a Renmin University institute.
Chinese companies have been the only foreign players to win bids so far, taking licenses covering 10 oil and gas fields since Saturday.
Hydrogen-powered trucks will cost less than their fossil fuel burning rivals by 2027 in China as Beijing’s enabling environment starts paying off, according to chairman and president of Refire Group, China’s top supplier of hydrogen fuel cell technologies.
Genkai town already receives billions of yen in subsidies every year to host a nuclear power plant. Now, the government wants to build an underground disposal site for high-level nuclear waste there, too.
There were notably no US oil majors involved, even after Iraqi Prime Minister Mohammed Shia met representatives of American firms last month.
The concerns come as a US delegation in Kuala Lumpur holds talks with officials over Tehran’s alleged underhanded selling of oil through service providers.
