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  • November 1, 2014
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    Xinyi Glass to invest in China wind farms under diversification plan

    Posted Oct 31st 2014, 01:12pm by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Glass manufacturer signs local government deal to operate three wind farms on mainland Xinyi Glass Holdings is diversifying into wind energy with plans to invest in three wind farms on the mainland, the Hong Kong-listed firm said on Friday. Xinyi’s wholly owned subsidiary Xinyi Energy Smart (Wuhu) on Thursday signed an agreement with the local ...

  2. Business - China Business - ENERGY

    Foreign wind power firms struggle to succeed in China

    Posted Oct 28th 2014, 05:42am by Eric Ng

    ... Eric Ng in Beijing eric.mpng@scmp.com Despite joint ventures with local wind power firms, overseas turbine makers have found the business environment tough on the mainland Foreign wind firms struggle on mainland Overseas wind turbine makers have seen their market share on the mainland shrink and two Sino-foreign joint ventures have either ended in divorce or struggled ...

  3. Business - Commodities - ENERGY

    Titan's white knight GZE orders six drilling rigs as part of expansion

    Posted Oct 27th 2014, 05:19am by Eric Ng

    ... are with Singapore's Keppel- the world's largest drilling rig maker by market share- and four with a mainland shipyard of state-backed China Shipbuilding Industry. One of the rigs to be made by Keppel ... China Sea. The six rigs are expected to be delivered between next year's second quarter and 2017. Despite the mainland's territorial disputes with its neighbours over the South China ...

  4. Business - China Business - ENERGY

    Beijing warned not to cut wind power tariffs

    Posted Oct 25th 2014, 03:41am by Eric Ng

    ... Eric Ng in Beijing eric.mpng@scmp.com Wind power industry warns mainland about cutting tariffs as debate rages over consumer price cuts and energy targets Power tariffs blowing in the wind Beijing should think twice before cutting wind power tariffs because such a move could see the wind power industry fall short of Beijing's development target for 2020, mainland wind farm ...

  5. Business - Companies - ENERGY

    Hot summer sees Hong Kong lead way in CLP electricity sales

    Posted Oct 20th 2014, 02:08pm by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com CLP’s electricity sales in the first nine months of the year to Hong Kong and mainland China increased 2.7 per cent year on year to 26,613 gigawatt-hours ... the company said. Sales to mainland China dropped 26 per cent to 1,023 GWh on lower committed sales to Guangdong Power Grid Corp, CLP said. It said coal prices continued their downward spiral ...

  6. Business - China Business - ENERGY

    Huaneng Power jumps on 9.27b yuan deal with parent firms

    Posted Oct 14th 2014, 02:43pm by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Mainland power company will purchase 9.27 billion yuan worth of plants from parent firms, giving its generating capacity a major boost Huaneng shares jump ... parent firms, which will raise its installed generating capacity by just over 10 per cent. It is the first major asset acquisition by a Hong Kong-listed mainland power generator from its parent ...

  7. Business - Commodities - ENERGY

    China sets range for coal resource tax of 2-10 per cent

    Posted Oct 13th 2014, 04:13am by Reuters

    ... Reuters in Beijing China sets range for coal resource tax of 2-10pc The mainland will institute a resource tax on coal of between 2 per cent and 10 per cent in December, the first official numbers to be issued for the long-anticipated plan. The State Council said in September that the mainland would impose a new resource tax on coal and cancel existing charges in a move to simplify ...

  8. Business - Commodities - ENERGY

    China's top power equipment makers look to clean energy to fuel growth

    Posted Oct 13th 2014, 04:13am by Eric Ng

    ... power for growth Firms making power-generating equipment are looking to clean energy for growth as fossil-fuel-powered electricity loses favour on the mainland because of tighter project ... and gas-fired equipment sector, which accounts for more than half of end-user demand, has been stiff, resulting in lower profits for the mainland's three dominant manufacturers of power-generation ...

  9. Business - Commodities - ENERGY

    Chinese property investors move into US shale oil market

    Posted Oct 11th 2014, 04:15am by Toh Han Shih

    ... in the northern state that has prospered due to shale oil. North Dakota Developments sells properties to investors in mainland China and Hong Kong through direct sales or agents, said Robert Gavin, its ...

  10. News - China - ENERGY

    China National Petroleum Corp anti-graft chief Wang Lixin 'detained'

    Posted Oct 10th 2014, 04:54am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Wang Lixin taken away by anti-corruption investigators as probe continues at China National Petroleum Corp, Caixin says Oil giant's anti-graft executive 'detained' China National Petroleum Corporation's anti-corruption chief Wang Lixin has been detained by corruption investigators, according to a mainland news report, the latest senior official ...




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