Chinese nuclear power developers are continuing preparations for new projects, signaling their undiminished appetite for the clean energy despite Japan's nuclear crisis.
The abnormally hot weather and severe drought in Central and South China has affected hydropower production and may lead to a severe power shortage this summer.
Yanzhou Coal Mining Co, China's fourth-largest producer, may raise more than A$1 billion ($1.1 billion) in an initial share for at least a third of its Australian unit by the end of the year.
China has taken a step forward in its efforts to explore deep-water oil and gas, with the announcement that two advanced pieces of deep-water equipment capable of operating at depths of 3,000 meters are near completion.
Xinjiang Goldwind Science and Technology Co Ltd (Goldwind), a leading Chinese wind turbine maker, announced here Tuesday that it had signed deals with four large international component suppliers, including three in the United States.
About 350 kilometers from Madrid, the capital of Spain, Europe's second-largest wind power country, the world's largest onshore wind turbine has been in operation for two years.
China is likely to face the most severe power shortage in its history this summer, with the electricity shortfall increasing to at least 30 gigawatts (gW) and estimated to peak at 40 gW, officials said.
A 3,000-meter deepwater jumbo oil drilling platform was delivered here Monday to China National Offshore Oil Corp (CNOOC), the country's largest offshore oil producer, the latest step for China as it seeks more energy from the ocean.
Electricity companies in Northeast Asia are likely to reap rewards now that China's power distributor has decided to accelerate the construction of power transmission lines and substations as part of its effort to pave the way for a smart grid.
The construction of a Sino-Russian crude oil refinery is expected to start in the northern industrial city of Tianjin in the second half of the year, local officials said.
China Guodian Corp is planning to invest 20 billion yuan ($3 billion) in the development of energy programs in southwest China's Chongqing Municipality over the next five years, the company said in a statement Sunday.
A Sino-German joint venture recently announced a solar boiler for industrial use, as the development of solar power gains momentum in coal-dependent China, amid the rising doubts about nuclear safety.
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