Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Monday, May 28, 2012

China Energy Update 5/27


China's energy investment push only for the brave
Reuters
China, the world's largest energy user, signaled last week it wanted to draw more private investment into its energy sector as part of a plan to fast-track infrastructure investment to shore up economic growth. It is drafting detailed guidelines to ...
China Announces Subsidies For Televisions, Air Conditioners
Wall Street Journal
By Aaron Back Of DOW JONES NEWSWIRES BEIJING (Dow Jones)--China's Ministry of Finance on Monday unveiled detailed rules for subsidies on purchases of energy-efficient televisions and air conditioners. The specific regulations follow a pledge by the ...
India Tries to Play Catch-Up in Myanmar; Signs 12 Deals
Wall Street Journal
By SANTANU CHOUDHURY NEW DELHI – India is jostling for space in energy-rich Myanmar, signing as many as 12 bilateral agreements Monday in an effort to play catch-up with well-entrenched rival China. The agreements -- signed by a delegation led by Prime ...
China, Japan driving green energy investments
Sydney Morning Herald
CHINESE and Japanese investors will be the force driving merger and acquisition activities in the renewable energy industry in coming years, according to accounting firm KPMG. Asian investment in the renewable energy industry in 2011 increased by more ...

Sydney Morning Herald
China calls for increased cooperation between Iran and IAEA
Tehran Times
TEHRAN - Chinese Foreign Ministry spokesman Liu Weimin has called on Iran and the International Atomic Energy Agency to increase their cooperation to help resolve the dispute over the country's nuclear program. Liu made the remarks during a press ...
China encourages enhanced co-op between IAEA, Iran
China Daily
BEIJING - China encourages the International Atomic Energy Agency (IAEA) and Iran to improve dialogue and cooperation, so as to accommodate international concerns over Iran's nuclear program, a Foreign Ministry spokesman said Monday.
Government promotes energy savings to stimulate consumption
Xinhua
BEIJING, May 28 (Xinhua) -- China announced Monday that it will offer subsidies, ranging from 100 to 400 yuan (15.87 to 63.49 US dollars), on every energy-efficient television or air conditioner sold starting June 1. The Ministry of Finance said that ...
Indian PM meets Myanmar president in historic visit
New York Daily News
By Hla Hla Htay Monday, May 28th 2012, 03:00 AM India's prime minister held talks with Myanmar's president Monday in a historic visit aimed at boosting trade and energy links and contesting the influence of regional rival China.
China's GCL-Poly Energy aims to expand solar farm business
Reuters UK
... projects) By Leonora Walet HONG KONG, May 28 (Reuters) - GCL-Poly Energy Holdings Ltd , China's largest polysilicon and wafer maker, said on Monday it plans to expand its solar farm business in China, the United States and in emerging markets.
Factbox: Private investment in China
Reuters
(Reuters) - China's top economic planner has signaled it wants to boost private investment in its key industries, putting heavy emphasis on the energy and financial sectors. China will lay out detailed rules and directions to encourage private ...

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