ENN Group Co Ltd, the parent of Hong Kong-listed energy company, ENN Energy Holdings Ltd, signed a cooperative contract with the US-based Duke Energy in Washington on Tuesday, during the China-US Strategic and Economic Dialogue.
All the electric gates of modern apartment buildings in Kaifu District of Changsha city are kept wide open. Once closed, they wouldn't open again because of an ongoing power shortage.
China Gezhouba Group Corp, the parent of the Three Gorges Dam builder, plans to invest $1 billion to build a hydroelectric power plant in Indonesia's Sulawesi Selatan province.
As concerns over energy security grow across the globe, the world's two largest producers and consumers of power will continue to cooperate on climate change initiatives and clean energy development.
PT Pertamina, the Indonesian state energy company, bid about $3.5 billion for Exxon Mobil Corp's 25 percent stake in an Angolan oil block, surpassing an offer from a Chinese rival, the Wall Street Journal reported, citing a person familiar with the matter.
Southwest China's Tibet autonomous region is poised to become the country's leading solar power generation base with 10 more photovoltaic power plants to be completed within this year.
China's Himin Solar Co Ltd launched the world's first roof-installed solar high-temperature steam system for industrial utilization, the company said in a press release on May 7.
Companies are trying to flex their muscles in an economy that has grown at breakneck speed since the global economic meltdown, and there's not enough electricity to power the work.
The power shortage, which is rare in low-energy-consuming months, has cut a large swath in the country, including important economic powerhouses in the east and south and many provinces in other parts of China.
China's solar energy industry is ready to boom in the next 10 years with the nation expected to become a major photovoltaic-module consumer after being the biggest exporter, said a senior executive with Applied Materials Inc.
China's Yanzhou Coal Mining Co, the country's fourth-largest coal producer, has offered more than $3.74 billion to acquire the Australian coal miner Whitehaven Coal Ltd.
Three motives for China's cross-border M&A
Aiming at becoming the biggest private oil and gas service company in Southeast Asia, LandOcean Energy Service Co Ltd will expand its business into the exploration sector for the first time in 2011.
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