BASF has signed a deal to secure renewable energy supply for its new petrochemicals plant in China. Photo: Xinhua
BASF has signed a deal to secure renewable energy supply for its new petrochemicals plant in China. Photo: Xinhua

Climate change: BASF, Covestro clinch renewable energy deals in China to achieve emission-reduction goals

  • Germany’s BASF wants at least 50 per cent of its power requirements for its new Chinese plant to come from renewable sources by 2025
  • BASF to buy wind power from China Resources Power, while Covestro signs deal with solar power producer Datang Wuzhong New Energy

Topic |   Business of climate change
BASF has signed a deal to secure renewable energy supply for its new petrochemicals plant in China. Photo: Xinhua
BASF has signed a deal to secure renewable energy supply for its new petrochemicals plant in China. Photo: Xinhua
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