Home Tag "China"

China to stop subsidy for offshore renewables, eyes 2021 start for green quota trading

The move comes as China, whose renewable power installations make up about 41 per cent of total energy capacity, aims to cut a backlog of subsidy payments exceeding 100 billion yuan ($14.5 billion) and achieve “grid price parity” BEIJING : China will halt subsidies for new offshore wind power and concentrated solar power (CSP) projects and adopt a green certificate […]

China consortium to construct world’s largest solar project

The consortium of BGRIM Power – Energy China , comprising B Grimm Power Plc (BGRIM) and China Energy Engineering Group Shanxi Electric Power Engineering Co Ltd (Energy China) has signed an engineering, procurement, and construction contract to build the world’s largest hydro-floating solar hybrid project for the Electricity Generating Authority of Thailand (Egat). BGRIMM Power […]

Vietnam to Punish Firms for Trade Fraud in China-Product Probe

Vietnam will punish four companies for fraudulent labels on products from China that the firms claim were made locally, as authorities expand their crackdown into Chinese manufacturers trying to bypass U.S. tariffs. The unidentified companies, which assemble bicycles, electric bikes and wooden shelves, admitted to the violations, according to a government statement. Vietnam’s customs department […]