China

CER gets financing deal for manufacturing plant

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.

CER gets financing deal for manufacturing plant

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.

First unit of Lianyuan Power Plant starts operations

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

First Units of Laxiwa Hydropower Station commissioned

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

Siemens puts up wind turbine plant in China for US$83M

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.

AREVA gets interconnection contract in China

AREVA will supply High Voltage Direct Current systems for projects interconnecting the Ningdong and Shangdong regions and the Three Gorges Dam to Shanghai.

NNSA approves Haiyang nuclear site

Unit 2 of Shandong Haiyang NPP Phase 1 nuclear island excavation passed the site acceptance inspection conducted by the NNSA.

CWP inks wind power and clean mechanism projects

A 350MW wind power project with a total of 7 JVs will be set up in Fuxin City, Liaoning Province by China Wind Power and Liaoning Energy Investment Group. The joint venture between the two companies indicated that the project will start construction this year with the aim of producing energy by 2010.

CR Power's net generation still up in first 4 months

China Resources Power Holdings Company Limited's total net generation in April 2009, on a consolidated basis, decreased by 6.34 percent. It generated 5,104,552 Mwh, compared to 5,449,960 MWh for the same period last year.

Award-winning transformer plant opens in Wuhan

Wuhan has a new "green" transformer factory, designed in accordance with the principles of energy saving and CO2 emission reduction.

Westinghouse enters joint venture for zirconium plant

Westinghouse Electric and the State Nuclear Baoti Zirconium have agreed to build and operate a nuclear grade zirconium sponge plant. It will be located at Nantong in the Jiangsu Province.

Green light given for Jiangxi nuclear plant

Jianxsi Nuclear Power can now proceed with the construction of Units 1 and 2 of Jiangxi Pengze NPP Phase I following the approval by two government agencies.

Sanmen nuclear plant set for 2013

The first pour of basemat structural concrete for the nuclear island at Sanmen has been completed. This will be the site of the first of four Westinghouse AP1000™ nuclear power plants to be built under a contract signed in 2007.

CER completes heat recovery system for nickel mine

China Energy Recovery has an order for three sets of waste heat recovery systems for a large nickel mine project in Papua New Guinea. The total contract value is approximately US$4.85 million and the corresponding revenue to be recognised in Q2 2009 would amount to roughly US$3.7 million.

China Energy Recovery posts 86% backlog increase

China Energy Recovery, Inc. revealed a record backlog orders valued at US$32.7 million. This represents an 86 percent increase compared to the backlog orders of US$17.6 million at the same time in 2008. These orders are expected to be completed in the next 12 months with the majority to be completed by the end of 2009.

China Energy Recovery to create system for Dongsheng

China Energy Recovery, Inc. has secured a US$1.76 million contract to design and manufacture a set of waste heat energy recovery system for Dongsheng Chemical.

China Power ups gross and net generations

The consolidated gross generation of China Power’s power plants amounted to 8,593,368 MWh for the first quarter of 2009. The number represents a year-on-year increase of 0.66 percent. Meanwhile its consolidated net generation of 8,011,887 MWh represents a year-on-year increase of 0.48 percent.

Poll says Chinese IT managers ignore power concerns

Many organizations in the country do not factor in the cost of electricity and utilities in their IT budgets, according to a research from IDC China. "The main priority of most IT managers is to ensure that their system is reliable and secure for their organizations. In general, these IT decision makers are not concerned with increases in power usage as a result of including new features and functions in their IT processes. In fact, what they are most concerned about is the costs and risks involved in implementing a green datacenter," said the IDC. Results from IDC's 2008 green poll conducted with IT decision makers in the Asia/Pacific region reveal that when green requirements are specified in a request for proposal, only 9.7 percent of the respondents in China say that they are mandatory. Asia/Pacific countries that participated in IDC's green poll garnered a 35.3 percent average response to the question. "Clearly, there is room for improvements in order for China to enhance its commitment towards sustainable development," says Raphael Phang, Vice President, Government Insights, IDC Asia/Pacific. Phang adds, "As global demand for a lighter carbon footprint grows, the public sector needs to be more responsive to public pressure. The government in China should seize the opportunity to maximise the unique position it has in influencing and effecting real changes by setting up more regulatory mandates to promote the green movement."