Foreign firms and their subsidiaries will receive about $750 million of the $2.3 billion in tax credits for clean energy manufacturing projects announced recently by the Obama Administration. That represents nearly 33 percent of the total awards, which are intended to spur U.S. manufacturing of clean energy technologies.
A detailed review of the 183 projects receiving [...]
The latest play in the push for more alternative energy; General Electric announced they will provide 88 turbines for three projected wind projects in the Hebei and Shanxi Provinces of China. The new deal positions China to potentially surpass the U.S. as the global leader in wind energy by adding 132 megawatts of wind [...]
China’s apparent* oil demand in November soared 18.7% from a year ago as the country’s economic recovery picked up momentum. November’s surge in oil demand marked the third straight month that the world’s second largest oil consumer posted double-digit yearly growth in oil demand.
Chinese oil demand was estimated to reach 33.67 million mt (8.22 million [...]
China Integrated Energy, Inc. (Nasdaq: CBEH; the “Company”), a leading non-state-owned integrated energy company in the People’s Republic of China, today announced that it will present at the Brean Murray, Carret & Co. China Growth Conference, to be held November 19-20, 2009, at the Millennium Broadway Hotel, 150 West 45th Street, New York City.
Mr. Alex [...]
By Institute for Energy Research
The Obama Administration sold its $787 billion stimulus plan on the basis of improving the economy through investing in green energy and by doing so, increasing employment in the United States. But what is actually happening, particularly with wind and solar projects, is that the majority of the manufactured components [...]
ScienceDaily (Sep. 11, 2009) — A team of environmental scientists from Harvard and Tsinghua University demonstrated the enormous potential for wind-generated electricity in China. Using extensive metrological data and incorporating the Chinese government’s energy bidding and financial restrictions for delivering wind power, the researchers estimate that wind alone has the potential to meet the country’s [...]
China Bio Energy Holding Group Co. Ltd. (Nasdaq: CBEH - News; the “Company”), a leading integrated bio-diesel producer & distributor, wholesale distributor and processor of heavy oil and finished oil products, and operator of retail gas stations in China, today announced that it has reached an agreement to acquire, through a 29-year lease, all of [...]
Duke Energy (NYSE: DUK), one of America’s largest electric utilities, will explore a variety of renewable and other clean-energy technologies with China Huaneng Group, China’s biggest electric utility, as part of a Memorandum of Understanding signed today in Beijing.
The MOU between Duke Energy and China Huaneng Group - which produces more than 10 percent [...]
ScienceDaily (June 15, 2009) — In the future, will wind power tapped by high-flying kites light up New York? A new study by scientists at the Carnegie Institution and California State University identifies New York as a prime location for exploiting high-altitude winds, which globally contain enough energy to meet world demand 100 times over. [...]
NANNING, June 14 (Xinhua) — China’s first bioenergy research center was inaugurated Sunday in Nanning, the capital city of southern Guangxi Zhuang Autonomous Region, amid government’s plans of new energy development to combat global energy crisis.
The research center is set up based on the national guidance on energy and grain security, [...]
