Michele Kearney's Nuclear Wire

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

Wednesday, July 25, 2012

China Energy Update 7/25

Grid-Scale Energy Storage in China on Pace to Become a $500 Million Annual ...
MarketWatch (press release)
Whereas other markets have focused on power quality and ancillary services, China's grid energy storage market has developed with a focus on renewable energy integration, load-shifting and peak shaving. In a new report published today, Azure ...
China's Canadian Energy Play
Wall Street Journal
President Obama may not want to exploit the energy buried in Canada's Alberta oil sands, but China sure does. Think of Monday's $15.1 billion offer by China's state-owned Cnooc to buy Canadian energy giant Nexen as a post-Keystone XL Pipeline bid to ...

Wall Street Journal
Canadian Oilsands Make Way to China
Energy Digital
In light of the Obama Administration's delayed decisions to move forward with the Keystone XL pipeline, China's state-owned Cnooc offers $15.1 billion to Canadian energy giant Nexen, replacing the US as Canada's biggest energy investor and market.
ZBB Energy's China Joint Venture Meineng Energy Opens State-of-the-Art ...
MarketWatch (press release)
"Meineng Energy serves the China market, which is expected to be the largest in the world for the advanced energy storage and control systems," said Brad Hansen, Meineng Energy GM and CEO. "Our products will drive significant photovoltaic ("PV") and ...
China-Canada oil deal shows more US drilling needed: senator
Reuters
WASHINGTON (Reuters) - Republican senators will unveil new energy legislation on Thursday that will help battle a new move by China to tap North American energy resources, Senator John Hoeven said. China's state-owned oil company CNOOC Ltd.


Yingli Solar Flirts With Record Low, Leading Broad Solar Sector Decline Amid ...
Forbes
Amid concerns that tensions are escalating between China and the West over the solar panel sector, one of China's largest solar panel makers, Yingli Green Energy, saw its shares drop 7.9% to a near record low of $2.10 on Tuesday, leading a broad decline ...

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