Latest news
EU and China sign a deal on greenhouse gases
The European Commission (EC) announced that the EU development commissioner Andris Piebalgs and Chinese commerce minister Chen Deming have signed a financing agreement promoting the environment transition towards a low-carbon economy and a reduction of greenhouse gas emissions in China at an EU-China summit in Brussels.
read more... 21/09/2012
Daily: Brent crude declines below $108 on China data
Brent crude declined below $108 a barrel on Thursday after data showed China’s manufacturing activity continued to shrink, weakening the sentiment further in a market already in a downtrend.
read more... 20/09/2012
China’s solar target to double to more than 40 GW by 2015
China is likely to double the installed solar power capacity target by 2015 to 40GW, which is a progress indicator in the 12th five year plan of the world’s second-largest economy. Only 18 months ago, it was reached at 5 GW, than it was doubled to 20 GW and now 40 GW. According to some forecasts, it is likely that China will double its 2020 PV target, from the current 50 GW to 100 GW.
read more... 19/09/2012
Daily: UK prompt gas stable on short supply and cooler weather
Brent crude climbed to near $114 a barrel on Tuesday, after lofty losses in the previous session, but gains were capped as investors assessed the impact of the U.S. Federal Reserve’s stimulus measure on oil demand and envisaged China’s next step to boost its economy.
read more... 18/09/2012
China to invest 39.5 billion dollars in domestic solar power generation
According to its newly revised 12th five-year development plan, China will invest an estimated $39 billion in solar power generation between 2011 and 2015, with the solar industry expected to employ about 500000 people.
read more... 18/09/2012