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  1. China Resources Power plugs into constant profit

    Posted Jun 09th 2011, 12:00am

    ... Eric Ng eric.mpng@scmp.com China Resources Power Holdings defied higher coal costs and belated power price rises to keep profit in the first five months on a par with last year. Wang ... 5 per cent. Wang said China Resources' average power price rose only 2.7 per cent because most of the company's assets were in coastal regions where better profitability meant lower ...

  2. China Resources Power to spend on coal mines, transport

    Posted Jan 22nd 2011, 12:00am by Eric Ng

    ... Eric Ng in Shantou, Guangdong China Resources Power Holdings plans to spend billions of yuan over the next five years to buy coal mines and minority stakes in railway lines, as well ... down to transport charges. China Resources Power aims to raise coal output to 50 million tonnes in 2015 from 11.4 million tonnes last year, which would allow it to cover more than 40 per cent ...

  3. Playing chicken with the world's resources

    Posted Mar 07th 2011, 12:00am by Tom Holland

    ... America today boasts some 250 million cars, trucks, buses, pick-ups and other petrol-powered vehicles. At its current growth rate China is on the road to overtake that number in the next decade. ... at home will allow China to maintain its rapid economic growth over the coming decade. Economists in Washington and other Western capitals hope that an increase in private spending in China ...

  4. Resources stocks take a hit amid slowdown fears

    Posted Oct 04th 2011, 12:00am

    ... Eric Ng eric.mpng@scmp.com Mainland steel, iron ore and coking coal producers saw their share prices plunge on concerns that China's economic slowdown will pare demand for basic ... sentiment. Shares in Mongolian Mining, the nation's largest exporter to China of coal used in steel smelting, fell as much as 20.5 per cent before ending yesterday 16.9 per cent lower ...

  5. China WindPower plans sales to fund investment in wind farms

    Posted Mar 09th 2011, 12:00am by Eric Ng

    ... nationwide. China WindPower has also obtained 648 MW of solar power resources, but Liu said it was waiting for better incentives before developing them. It would only invest in wind projects that can ... Eric Ng China WindPower Group has embarked on a 'sell some, build more' wind farm development strategy, as it seeks to realise gains from its past investments and generate cash ...

  6. Cash me if you can

    Posted Oct 24th 2011, 12:00am

    ... in China Resources Power, 73.3 per cent in China Resources Cement, 68 per cent in China Resources Gas and 60.6 per cent in China Resources Micro. Under the scheme, listed group companies could make ... the straightforward solution of returning it to equity investors. Two examples, China Mobile and the China Resources Group, could perhaps be used to illustrate this potential risk. China Mobile announced ...

  7. Wind firms seek to tap growth abroad

    Posted Sep 12th 2011, 12:00am

    ... and have posted strong and better-than-expected first-half profits, investors were spooked by China Longyuan Power Group's announcement last week that its wind power output in August grew only 12 per from a year ago, down from 36 per cent in July. China Longyuan is Asia's largest wind farm developer. Its power output in three northeastern provinces on the mainland, which fell ...

  8. China charts course to project marine power

    Posted Jun 09th 2011, 12:00am

    ... Shi Jiangtao in Beijing Jiangtao.shi@scmp.com China marked World Oceans Day yesterday by asserting its ambition to become a maritime power and vowing to step up control of its waters, ... over resource-rich areas including the Spratly (Nansha) and Paracel islands in the South China Sea and the Diaoyu Islands, or Senkakus, in the East China Sea. Analysts said Liu's bold ...

  9. China switching on to the power of deep heat

    Posted Jul 17th 2011, 12:00am

    ... asking him if hot dry rock was that good. 'Yes, it is,' he said. 'You should have called 30 years ago.' Geothermal power is China's most plentiful, reliable ... such a development.' Professor Zeng Jianhui, a researcher at the State Key Laboratory of Petroleum Resources and Prospecting, said China's oil companies had enough technology and experience for the job. ...

  10. Clean power not always green power

    Posted Feb 14th 2011, 12:00am by Shi Jiangtao

    ... into safe and reliable sources of clean energy, he said. 'Wind power is not stable, it is fairly expensive and China's low electricity tariff, high wind turbine cost and its access to the power grid have become bottlenecks hampering further development,' Pan said. The World Resources Institute (WRI) said the mainland produces about 30 per cent to 45 per cent ...




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