The prices of construction materials have gone up by five to 10 percent as suppliers report shortage of supplies from China over the coronavirus embargo.
Canadian Solar Raises Us$30 Million From The China-portuguese Speaking Countries Cooperation And Development Fund
GUELPH, Ontario, April 2, 2020 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, announced today that it has closed US$30 million in funding from the China-Portuguese Speaking Countries Cooperation...
Bernard Looney, BP's new chief executive, wants to cut his company's greenhouse gas emissions down to zero by 2050. To do that, the world's sixth-largest energy company is committing itself to massive investment in renewable energy, including wind, solar and biofuels.
The 2020s will be a new chapter for the wind industry, according to Wood Mackenzie research, as offshore wind's share of total wind demand shoots up to 25 percent by 2028 (from 10 percent last year). Onshore wind matured as an industry over the past 10 years. This maturation will continue in the new decade, as onshore wind increasingly competes with solar and suppliers undergo further consolidation. Meanwhile, WoodMac finds that installed offshore wind capacity is expected to grow 7x by 2028. More than 80 percent of the capacity expected to be installed between 2019-25 has already been awarded.
It was apparent that unabated Chinese appetite for iron ore and coking coal on the back of 7% rise in crude steel production (China produced 904.2 MT of crude steel during January to November 2019) was the primary driver to this price trend.
China has pledged to buy almost $80 billion of additional manufactured goods from the United States over the next two years as part of a trade war truce, according to a source, a target that could provide a much-needed boost for planemaker Boeing but is being questioned by U.S. trade experts.
Hong Kong's 'superman' Li Ka-shing Makes A Comeback To Investing In China As Cheung Kong Sets Up Us$360 Million Jilin Power Plant Venture | South China Morning Post
Li Ka-shing's Cheung Kong Infrastructure (CKI) has struck its first significant non-cement investment in mainland China in over a decade, in a rare move by the tycoon - known affectionately as Hong Kong's 'Superman' for his deal making prowess - who in recent years was forced to rebut accusations his family was bailing out from the motherland.CKI, now chaired by Li's eldest son Victor Li Tzar-kuoi, has signed an agreement to set up a venture with Shenzhen-listed Jilin Power, a unit of State...
Global Triple Offset Butterfly Valve Market 2019-2025: Analyzed By Material, Valve Size, Industry And Region
DUBLIN, Jan. 3, 2020 /PRNewswire/ -- The "Triple Offset Butterfly Valve Market by Material (Stainless Steel, Cast Iron, Cryogenic, Alloy Based), Valve Size, Industry (Oil & Gas, Water & Wastewater Treatment, Energy & Power, Chemicals), and Region - Global Forecast to 2025" report has been...