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Power Grid
Jinpan Provides Transformers for Fuqing Nuclear Plant
Jinpan Technology has provided excitation transformers for China’s Fuqing Nuclear Power Plant.
Oil & Gas
Iraq Confirms $2bn Oil Prepayment Agreement with Chinese Firm
The Chinese firm will pay for a full year's worth of crude prior to loading shipments
New Energy Vehicles
Tesla Almost Touched 5 Lakh Vehicle Delivery Goal in 2020
Elon Musk-owned electric car maker Tesla delivered 499,550 vehicles in 2020, slightly missing its most recent guidance of 5,00,000 vehicles.
Policy & Regulation
China Cuts Subsidies on NEVs for Healthier Development
China will cut subsidies on new energy vehicles starting Friday to promote the healthy development of the industry, said a circular posted on the official websi
Coal
China Thermal Coal Futures Set for Biggest Monthly Rise in 3 Years
Zhengzhou Commodity Exchange thermal coal futures are up nearly 12% this month and on course for their biggest monthly gain since January 2018
Thermal Power
The World's First Six-Cylinder Six-Exhaust 1,000MW Power Plant Put into Production
All systems of the unit were running smoothly and the index parameters were excellent, marking the successful completion of the construction of Unit 1.
Energy Economy
China Datang and Sinar Mas Held Completion Ceremony of PMU Acquisition
On December 23, China Datang Co., Ltd. and Sinar Mas Group held a video ceremony of PMU acquisition.
Coal
China: Shanxi Shuts 163 Coal Mines
Shanxi, a main coal-producing area in north China, has closed 163 coal mines and abolished 146.05 million tons of yearly coal manufacture capacity over the last
Energy Storage
China’s CATL to Further Raise Li-ion Battery Capacity
Chinese battery producer Contemporary Amparex Technology (CATL) will invest a total of 39bn yuan ($5.97bn) to raise its output capacity for power and storage li
Power Grid
Nation to Build Over 600,000 5G Base Stations During 2021
China will build more than 600,000 5G base stations in 2021 as the nation accelerates the rollout of wireless technology, according to the Ministry of Industry
Nuclear Power
China: Hot Test of Tianwan Nuclear Power Unit 6 Ended Successfully
On December 29, 2020, the hot test of Tianwan Nuclear Power Unit 6 was successfully concluded, marking a successful end to 2020 and bringing more hope for the u
Energy Economy
China Datang Buys Stake in Indonesian Power Plants
China Datang Corp has bought a majority stake in PT Dian Swastatika Sentosa’s (DSS) thermal power plants in Indonesia for US$394mil.
Coal
China Coal Output Hits Snags as Harsh Winter Begins
The Chinese central government's efforts to raise domestic coal output are facing further bureaucratic setbacks even as a nationwide "super cold snap" threatens
New Energy Vehicles
China's Sichuan Yahua to Supply LiOH to Tesla
Chinese lithium producer Sichuan Yahua Industrial has signed an agreement to supply battery-grade lithium hydroxide to US electric vehicle manufacturer Tesla.
Nuclear Power
China Starts Building Second CFR-600 Fast Reactor
Construction work has started on the second CFR-600 sodium-cooled pool-type fast-neutron nuclear reactor in Xiapu County, in China's Fujian province.
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