SHANGHAI: Chinese money managers are rushing to launch new energy funds, seeking to capitalize on investors’ green fever which has been fuelled by President Xi Jinping’s carbon neutrality pledge. China’s first photovoltaic industry exchange-traded fund (ETF), launched by Huatai-PineBridge Fund Management Co in December attracted hot demand, with assets under management jumping nearly six-fold in […]
Affordability Is King in a Chinese Automotive Market Where Wuling Hongguang’s Mini EV Beats Tesla in Sales
While domestic-made Model 3 had sold like hotcakes in China, Wuling’s mini EV overtook Tesla’s yearly sales in a mere three months by touting rock-bottom prices, more specifically, at a wallet-friendly ¥30,000. Of all martial arts in the world, only the fast ones are unassailable – or so a similar saying in Chinese goes. […]
Chinese-constructed mega solar plant powers Kenya
Kenya made a great leap in the renewable energy sector in 2019 when it inaugurated a 50 MW solar power plant located in the northern part of the country. The plant made the east African nation one of the biggest investors in renewable and clean energy as it hosted the largest grid-connected solar power plant […]
Chinese manufacturers slam South Korean solar module carbon emissions results
Chinese solar manufacturers have slammed South Korea’s decision to attach predetermined carbon emissions ratings to modules originating from China under the regulator’s new carbon footprint requirements. Announced in July this year, the scheme separates modules into three specific categories based on the volume of carbon emitted per kilowatt within the entire lifecycle of the product. […]
Chinese developers sweep up 1GW solar bids in Myanmar
Chinese companies and their consortia have won the bid to build 28 out of 29 solar plants tendered by the Ministry of Electricity and Energy, according to the results provided by the ministry to bidders and seen by this newspaper. Sungrow and China Machinery Engineering Corp won nine and eight bids respectively, while SPIC Yunan […]
Plans for wind power from Chinese firm fall apart in Myanmar
Myanmar’s first wind power project is in the doldrums after the government changes direction on how it backs projects. Residents of Chaung Tha, a holiday resort and village on the Bay of Bengal, are still relying on diesel generators to get them through electricity blackouts more than four years after Myanmar’s government gave a Chinese […]
Chinese firms outnumber rivals in Myanmar solar tender
Chinese companies have outnumbered their local and foreign rivals by far in submitting bids for a controversial solar tender in Myanmar, according to an unofficial list of bidders seen by The Myanmar Times. According to the unofficial list seen by this newspaper, a total of 155 bids were submitted for the 30 sites tendered by […]
Chinese contractor to build 900MW UAE mega-solar
Saudi developer ACWA Power has appointed Shanghai Electric as the engineering, procurement and construction (EPC) contractor for the 900MW fifth phase of the Mohammed bin Rashid solar farm in Dubai, UAE. Shanghai Electric will deliver the $564m (€480m) project in three phases, with a construction period of 12 months on each 300MW stage. ACWA Power […]
NTPC sets out to acquire solar projects not running on Chinese equipment
This is the first time that the state-owned power generator has evinced interest in acquiring operational solar projects. Earlier, the company had invited bids to procure solar power and set up projects New Delhi : In a major acquisition spree, country’s largest power producer NTPC has invited bids to buy operational solar power projects with […]
Chinese Investments in India: Report
Chinese Investments in India: Report For more information please see below link: Indian Unicorns with Chinese Investors For more information please see below link:
