China

A Syndicated Loan Agreement totaling US$5.3 million has been provided for the Shandong Haiyang Nuclear Power Project Phase I.

China Resources Power's total net generation in June 2009, on a consolidated basis, increased by 2.9 percent to 5,612,935 MWh.

China WindPower signed an exclusive agreement with Fuxin Municipal Government in Liaoning Province to develop wind power electricity projects with 500MW capacity. The group earlier secured similar agreements with Fumeng County and Zhangwu County, Fuxin City.

China Resources Wind Power Co., Ltd. Phase II Shalong Wind Farm is now supplying electricity to the Guangdong provincial power grid.

The National Development and Reform Commission approved the 2x600MW thermal plant project of Yanshanhu Power Plant aimed to expand the coal-electricity market in east Inner Mongolia.

Plans to equip Xinchang Power Plant with 2x1000MW ultra-supercritical coal-fired units with efficient de-dusting have been approved by the Jiangxi Development and Reform Commission.

Emerson Process Management was selected to install a digital plant architecture with expert control system at the Pakistan Engro Qadirpur Energy Power Plant.

China Energy Recovery has completed the engineering design service for a 30MW heat recovery power generation system for Sinochem in Chongqing City.

CPI has signed the EPC Contract Framework Agreement and Framework Agreement on Material Supply and Bidding Agency for Jiangxi Pengze Nuclear Power Project Phase I.

Century Concord Wind Power Investment Ltd signed an agreement with China Power Investment Baiyinhua to undertake wind farm projects in the country.

China Resources Power's generation in May decreased by 8.32 percent to further reduce its numbers by 1.66 percent for 2009.

China Resources Power has obtained approval from the PRC Government to operate Qiaowan Phase I Wind Farm and Dahao Wind Farm.

China Energy Recovery closed a financing transaction and issued a two-year 9.5 percent Unsecured Convertible Promissory Note of $5 million. The note may be converted into common stock at a conversion price fixed at $1.80 per share, to an accredited private investor.

The first 300MW generation unit of Hunan Lianyuan Power Plant commenced commercial operations after passing a 168-hour full load pilot run.

The celebration on commissioning of first units of Laxiwa Hydropower Station was recently held at the site of Laxiwa Hydropower Station.

Siemens is investing more than US$83.88 million for a wind turbine plant production facility in Lingang New City, Shanghai. This new facility is scheduled to take up operation in the second half of 2010, initially with 400 employees. The wind turbine plants produced in Shanghai will be for the Chinese market and for export. The new production site will have a total space of 180,000 square meters and be situated at an excellent location with regard to shipping and traffic facilities, being in the direct vicinity of the Yang Shan deep-sea harbor. "Siemens is expanding its commitment to environmentally-friendly energy technology in China with this new wind turbine production facility in Shanghai,” declared Wolfgang Dehen, CEO of the Siemens Energy Sector and member of the managing board of Siemens AG. "China could soon become the largest wind energy market in the world and with our new production facility in Shanghai we are establishing an excellent starting position for meeting the growing demand of this exciting market. In addition, we are also rigorously advancing the internationalisation of our manufacturing network for wind turbines to optimally meet the needs of our customers in Asia, Europe and America," he added. Siemens will initially produce blades for 2.3 and 3.6 MW wind turbine plants. These blades will be produced using the IntegralBlade process patented by Siemens, without any glued joints that are susceptible to damage. Wind turbine plant nacelles will also be produced at this new plant. The production capacity for the new facility is initially planned at 500 MW annually. The first wind turbine blades and nacelles are scheduled to leave the plant in time for the EXPO 2010 international exhibition in Shanghai. Siemens has already reserved additional space in Lingang for potential expansion of this production facility.