Latest news
Solar PV demand up 2 GW in 2013
According to a new report offered by NPD Solarbuzz, the global solar photovoltaic (PV) demand is estimated to increase by 2 GW, reaching 31 GW in 2013. A large amount of the 2 GW will come as a result of strong demand from the Asian markets, where almost 50% of increase will be registered, in countries as China, India and Japan, leading to a capacity addition of around 11 GW in 2013
read more... 15/03/2013
China to increase nuclear power capacity by 20% in 2013
China revealed on March 12 its plans to increase installed nuclear power capacity by 20 percent in 2013, declaring the country is developing nuclear power in a safe and efficient way, a senior energy executive has said.
read more... 14/03/2013
Daily: Brent crude drops on bearish data from China
Brent crude oil futures dropped on Monday, dragged down by pessimistic data from China, the second oil consumer in the world, however settling well above the session low. Brent crude for April delivery dropped 63 cents, or 0.57 percent, to settle at $110.22 a barrel, after having hit $110.72 and fallen to as low as $109.53.
read more... 12/03/2013
China surpassed the United States as the world’s top oil importer
China has surpassed the United States as the world’s biggest net importer of oil after, the U.S. posted its lowest import records since 1992 on the back of flourishing domestic oil production. According to provisional figures from the US Energy Information Administration US net oil imports dropped to 5.98m barrels a day in December, the lowest since February 1992, while China’s own figures rose to 6.12 million bpd.
read more... 06/03/2013
Europe and China threatened by a trade war
European Union and China are in a multi-billion-dollar dispute over solar panels, pushing both sides closer to impose tariffs on each others' exports and risking a trade war.
read more... 06/03/2013