China

Saft energy storage

Saft opens new energy storage hub in China

To expand its energy storage business globally, Saft has opened a new manufacturing hub for energy storage solutions in China.
China

China needs $5 trillion to hit carbon-neutral target

China requires over $5 trillion of investments to reach its pathway for carbon-neutrality by 2060, according to Wood Mackenzie.
China

Trade war with the US makes owners of Chinese gas power...

Owners and operators of gas power plants in China are suffering as a result of the US-China trade war, according to Wood & Mackenzie.

A 3D digital first for China

The State Grid Corporation of China is developing and promoting 3D design standards to digitalize processes for lifecycle substation management throughout the country.

Siemens Energy launches first green hydrogen production project in China

Siemens Energy and Beijing Green Hydrogen Technology Development Co have signed an agreement to provide a hydrogen production system for a hydrogen fueling station located in Beijing.
China

China’s wind capacity expanding despite subsidy termination

Research firm Wood Mackenzie predicts China will install 251GW of new wind energy capacity between 2020 and 2029 despite subsidy termination.

Voith successfully commissions the first two VECO-Drives

Voith has successfully commissioned the first two VECO-Drives at a coal-fired power station in China.
China Yangtze Power Co acquires majority stake in Peru utility Luz Del Sur

China Yangtze Power acquires Peru utility Luz Del Sur

China Yangtze Power Company has completed a $3.59bn acquisition of an 83.6 per cent stake in Peruvian utility Luz Del Sur.

Study: China can balance economic growth with net-zero goals

The Energy Transitions Commission (ETC) has launched its report “China 2050: A Fully Developed Rich Zero-Carbon Economy,” in partnership with the Rocky...

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