China should consider establishing strategic reserves of natural gas, because of the nation's growing appetite for the fuel and a burgeoning dependence on imports, industry experts said.
China is stepping up construction of its electric grid infrastructure, an important move amid the international doubts about the safety of the nuclear industry following the crisis in Japan.
The German photovoltaics specialist IBC Solar, the world's biggest solutions provider for solar-generated power by sales revenue and turnover, made its entry in the Chinese market by officially establishing an office in Beijing on Monday.
China Shenhua Energy Co, the listed unit of the nation's biggest coal producer by market value, said on Monday that it will seek shareholders' approval to make a rights issue of up to 20 percent of its shares on the Chinese mainland and in Hong Kong.
China's clean energy market offers huge business opportunities, experts said at the Harvard China Forum Saturday.
China's National Energy Bureau (NEB) is drafting new regulations to standardize the examination and approval of small wind farm projects, industry sources said.
Inner Mongolia autonomous region in North China has become the country's first province-level region to have over 10GW of wind turbines installed and connected to the power grid.
With China's ambitious plans to cut carbon emissions for a greener economy during the 12th five-year plan period from 2011 to 2015, new energy industries are becoming even more significant than in the past.
The world's largest wind turbine maker, Vestas, said it had signed its first order in 2011 with Longyuan, China's largest wind farm developer, for selling the latter 24 new turbines, with a combined installed capacity of 48 megawatts (mW).
Fu Chengyu will become chairman of China Petroleum and Chemical Corp, Asia's biggest refiner, after presiding over a fivefold profit increase at smaller State-controlled oil producer China National Offshore Oil Corporation (CNOOC).
PetroChina Co Ltd, the world's second-biggest oil and gas producer by market value, is considering a bid for troubled natural gas distributor China Gas Holdings Ltd, Reuters reported Friday, citing the Financial Times.
The Chinese government is considering stricter approval rules for wind power projects to cool heady growth in the sector, Reuters reported Friday, citing a Chinese newspaper.
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
