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  1. News - Hong Kong - ENERGY

    Hong Kong business groups give thumbs down to electricity imports from mainland

    Posted Jun 17th 2014, 11:38pm by Cheung Chi Fai

    ... careful study before its adoption. The only major business body that did not make a choice was the Chinese General Chamber of Commerce. A spokesman said it did not "specially discuss" ... Cheung Chi-fai chifai.cheung@scmp.com Business groups oppose proposal to buy 30pc of Hong Kong's electricity from across the border, citing concerns over reliability of mainland grid ...


    Xinyi Glass to invest in China wind farms under diversification plan

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

    ... for the wind farms. “This business diversification strategy to the renewable energy sector will be beneficial to the future business development of the company and the shareholders of the company.” Xinyi Glass said. “The wind farm project represents an extension of the environmental-friendly and energy-saving business of the company to the renewable energy business.” Xinyi Glass said ...

  3. Business - China Business - ENERGY

    Clean water access offers flood of business opportunities

    Posted Jul 28th 2014, 04:26am by Benjamin Robertson

    ... Benjamin Robertson benjamin.robertson@scmp.com Water security is on central government agenda as it opens floodgates to business opportunities by setting targets for usage and recycling ... sufficiently to avert future water shocks. Companies can play a major role by discovering new technologies and business solutions that cut water usage, said analysts, while a carrot-and-stick approach ...

  4. Business - Commodities - ENERGY

    Russia's Gazprom says US$400b Chinese gas deal not final

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

    ... Reuters in Moscow Gazprom says US$400b Chinese gas deal not final Russia's top natural gas producer Gazprom said an intergovernmental agreement with Beijing to seal a US$400 billion ... the signature of both governments. According to a Russian government document, the agreement between the Chinese and Russian governments is a condition under which the deal, signed in May, can come ...

  5. Business - Commodities - ENERGY

    Chinese property investors move into US shale oil market

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

    ... Toh Han Shih hanshih.toh@scmp.com Chinese property investors follow US shale oil boom Chinese are finding a way to double up on exposure to the US shale oil boom, with property-focused investors buying up homes built for workers as energy companies move into the sector. "Shale drilling is the main driver of Chinese companies' investment into property [in the US resources ...

  6. News - China - ENERGY

    China plans to be world leader in nuclear power by 2020

    Posted Sep 14th 2014, 06:34am by STEPHEN CHEN

    ... Areva. Chinese scientists and engineers have sought to adapt the overseas technology to their own. But the American and French designs differ, resulting in two separate Chinese spin-offs. China ... plan is important because it determines who gets a cut of the enormous business cake," a China Institute of Atomic Energy researcher said. "It is difficult to predict the outcome ...

  7. Business - Companies - ENERGY

    Turbine makers not ready for overseas'

    Posted Jul 15th 2013, 12:00am by Eric Ng

    ... compliance abroad, said Jukka-Pekka Makinen, the chief executive of Switch, a Finnish maker of permanent magnet generators and converters. "Chinese makers' going abroad was supposed to have ... about the way business is done overseas." Makinen said it would take time for mainland turbine makers to get used to foreign practices. "It is OK when you are doing business ...

  8. Business - China Business - ENERGY

    3 Chinese state firms looking to build nuclear plants abroad

    Posted Mar 04th 2014, 10:09am by Eric Ng

    ... overseas projects State Nuclear Power Technology, one of three Chinese state-owned firms seeking to build nuclear plants overseas, is keen to take a crack at opportunities in Brazil, Britain and South Africa, an official at its finance unit said. Wang Henghai, deputy general manager of State Nuclear Power Finance, told the Asia Nuclear Business Platform conference last week ...

  9. Business - Commodities - ENERGY

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

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

    ... within the above mentioned range," the Ministry of Finance said in a statement posted to its website. The range is in line with expectations, based on previous reports in Chinese media. ... agreement with China. The Minerals Council of Australia has urged the Australian government to ask Beijing to reverse the decision, saying it would ultimately hurt Chinese consumers by raising coal ...

  10. Business - Companies - ENERGY

    GCL shares shine as solar panel demand drives profit turnaround

    Posted Aug 29th 2014, 01:08pm by Eric Ng

    ... half GCL-Poly Energy First-half revenue surged 52.4 per cent year on year to HK$17.22 billion, driven mainly by a 53 per cent rise in its solar material business to HK$11.89 billion. Operating profit of this business amounted to HK$1.14 billion, compared with a loss of HK$1.43 billion in the same period last year. Profits were also boosted by a 9.2 per cent reduction in average ...




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