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  1. Wind power hits a northern snag for Datang

    Posted Mar 28th 2011, 12:00am by Eric Ng

    ... Eric Ng China Datang Corporation Renewable Power is one of the largest wind-power producers in Inner Mongolia, but it has hit a snag: there isn't enough infrastructure in the grid ... 10 per cent of China Datang Corporation's total installed capacity is idle due to the 'three to six months of trial runs required for wind-power generators'. Selling heat ...

  2. Bondholders in bid to wind up China Sun

    Posted May 14th 2010, 12:00am by Naomi Rovnick

    ... Naomi Rovnick China Sun Bio-chem, a Shenyang corn starch producer embroiled in a long-running financial scandal, is poised to enter liquidation owing bondholders including Credit Suisse, JP Morgan and a Goldman Sachs-run hedge fund close to US$80 million. The bondholders have been in discussions with China Sun for more than a year after 592 million yuan (HK$674 million) went ...

  3. 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 ... energy sector, boasting it has been a key contributor to the global fight against climate change. It became the world's largest wind power generator last year. Li Junfeng, secretary general ...

  4. CLP to pay HK$730m for wind power assets

    Posted Apr 08th 2009, 12:00am by Denise Tsang

    ... Denise Tsang Electricity supplier CLP Holdings has agreed to buy mainland wind-power projects from its Australia-based partner for HK$730 million, making its first move to restructure its renewable energy investments overseas. The deal involves the acquisition of a 49 per cent stake in 10 wind farms largely in Jilin and Shandong provinces from Roaring 40s Renewable Energy, a 50-50 ...

  5. Power firm defends emissions record

    Posted Nov 21st 2003, 12:00am by Nick Gentle

    ... Nick Gentle CLP, branded China's leading polluter by Greenpeace, says it has tried to reduce the impact of its coal-fired plants CLP Power yesterday defended its emissions record after being branded China's leading polluter by Greenpeace. The environmentalist group unfurled a giant banner in front of the firm's 4,110-megawatt coal-fired Castle Peak power ...

  6. Fu Ji Catering seeks court nod to wind up

    Posted Oct 21st 2009, 12:00am by Enoch Yiu

    ... Enoch Yiu Fu Ji Food and Catering Services Holdings, a mainland firm that helped provide food for the Beijing Olympics last year, has applied to the High Court to wind up its operations. ... of convertible bonds due this year and a further 1.5 billion yuan (HK$1.7 billion) worth maturing next year. Its major bankers include HSBC Holdings, Standard Chartered Bank and Bank of China ...

  7. Why firm with assets exceeding debt to wind up

    Posted Oct 22nd 2009, 12:00am by Enoch Yiu, Naomi Rovnick

    ... of HK$3 billion but is winding itself up because it cannot afford to repay bondholders, who are due HK$550 million next month. The bondholders, who are owed almost HK$2.2 billion, have already ... October, Lai said. The company's position is unusual in that it has plant and equipment worth something. Creditors and shareholders usually receive nothing when companies wind themselves up. ...

  8. Hard-hatted woman wins at power game

    Posted Oct 18th 2004, 12:00am by Eric Ng

    ... Eric Ng China Power International Development's vice-chairman and chief executive is firmly committed to the company's success TO SAY THAT Li Xiaolin has been courted ... is the chairman of H-share Huaneng Power International. Her popularity was evident following the listing ceremony of China Power International Development (CPI) last week. Ms Li is vice-chairman and chief ...

  9. Clearly inadequate

    Posted Mar 14th 2010, 12:00am by Howard Winn

    ... Howard Winn and Vivian Kwok Hong Kong's two power companies are planning to spend HK$10 billion on offshore wind farms, but it will do little to reduce carbon emissions or clean the air, environmental scientists say. CLP Holdings, Hong Kong's largest power company, plans to build what will be one of the biggest offshore wind farms in the world- generating 200 ...

  10. IPO cleared for China Resources power unit

    Posted Oct 07th 2003, 12:00am by Staff Reporter

    ... Anette Jonsson Independent power generator China Resources Power Holdings has gained approval to list on the Hong Kong stock exchange main board through an initial public offering likely to take place early next month, according to a market source. The market is expecting the electricity unit of mainland-backed conglomerate China Resources to issue at least 900 million shares ...




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