CET invested into China coal mining and wind power

China Engery Technology (CET) has been working with the strongly support from provincial and autonneomous region governments, and signed number of exploration and development agreements with different county governments in Guizhou Province, Shanxi Province, Shaanxi Province, Xinjiang Autonneomous Region and Inner Mongolia Autonneomous Region. CET has acquired total 1,773 km 2 potential coal fields for [...]

Botswana signs power plant deal with China firms

Botswana’s state-owned energy utility, Botswana Power Corporation, said on Thursday it had signed a contract with leading Chinese firms for the development of 600MW power station.
The utility said it had agreed with China’s construction consortium, China National Electric Equipment Corporation and Shenyang Blower Works Electro-Mechanics Import and Export Co. Ltd to build the power station.

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China’s Energy Demand May Start to Recover End 2008

Energy demand in China, the world’s second-biggest oil consumer, may begin to “pick up slowly” at the end of this year or the start of 2009 because of the nation’s 4 trillion yuan ($586 billion) economic stimulus plan.
The country’s power demand will probably rebound at about the same time, Han Wenke, the head of energy [...]

Investment in power supplies to more than double

THE State Grid Corp of China, the country’s biggest power supplier, plans to more than double its investment for the next two years to a total of 1.16 trillion yuan (US$169.9 billion) for grid construction nationwide.
“We decided to add about 500 billion yuan investment to the original 550 billion yuan scheduled for 2009 and 2010 [...]

Shanxi Xishan Coal cuts prices by 28-36 pct

Shanxi Xishan Coal and Electricity Power, a subsidiary of China’s largest coking coal producer Shanxi Coking Coal Group said it has cut the selling prices for major coal products by 28-36 pct, effective from the start of November.
In a statement filed with the Shenzhen Stock Exchange, the company said the price for clean coking coal [...]

Crisis parting solar sector’s weak from strong

A global credit crisis and a steep slide in prices of solar panels has sent makers of the clean energy source reeling, but the damage done to share prices presents an opening for investors to buy into the stronger players.
Investors have fled the burgeoning solar sector in the past three weeks, sped along by a [...]

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