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Shanghai invests in clean energy

According to the city government, a total investment of CNY18 billion (or €2.2 billion) may be required by 2015 to increase Shanghai’s capacity of clean energy, mainly wind power. The expenses will play a crucial role in Shanghai’s target of having 1% of its primary use from non-fossil fuels that are locally developed and creating a local new energy industry. The target excludes solar heating.

read more... 17/01/2012

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Japan to make a $34 bln investment in Australian gas

Japanese oil and gas producer Inpex and French energy giant Total announced on Friday a major $34 billion gas project off Australia, with most of the liquefied natural gas produced sent to energy-hungry Japan, as it is seeking for an alternative to nuclear power following the Fukushima catastrophe.

read more... 13/01/2012

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Sun Power completes four solar power systems in US

SunPower completed four-high efficiency solar power systems with the total capacity of 3.8 MW, at public water agencies and water treatment facilities in the United States, California.

read more... 06/01/2012

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China: natural gas imports set to jump

China, the world’s second-largest oil consumer will continue to be dependent on natural gas imports, which account for more than half of the Chinese total consumption.

read more... 28/12/2011

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Total boosts its stake in Novatek

The French major, Total SA announced that it has increased its stake in Russian company, Novatek by 2 per cent to 14.09 per cent, at a cost of $800 million.

read more... 14/12/2011

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