Published News » Green Economy

An electronic waste recycling company, jointly funded by Japan's Panasonic, Sumitomo, DOWA Group and China's Hangzhou Dadi Environmental Protection Co Ltd, will be built in East China's Zhejiang province, local authorities said Monday.

Located in Tonglu county under the jurisdiction of Hangzhou city, and built at a cost of 121.7 million yuan ($18.8 million), the Panasonic Dadi Dowa Summit Recy
A total of 14 solar-powered bus stops have been introduced in Liangyunguang, Jiangsu province, on May 23.

Each stop was equipped with five solar panels, which can power a LED display screen as well as advertising posts.
China Datang Corporation Renewable Power Co Ltd will join efforts to establish a joint venture for developing wind farms and other renewable energy resources in Australia, said Datang in a statement published on its website Wednesday.

This joint venture -- AusChina Energy Group -- will be founded by Datang Renewable in cooperation with CBD Energy Limited, an Australian-based company, and Baodi
Australia's CBD Eenergy Ltd announced Tuesday it will set up a joint venture with two Chinese renewable energy companies, eyeing to tap the southern country's wind power market, the 21st Business Herald reported Wednesday.

CBD Energy will partner with China Datang Corp Renewable Power Co Ltd and solar equipment maker Baoding Tianwei Baobian Electric Co Ltd in establishing the AusChina Energy G
The idea of "going green" is becoming a prominent strategy in the world of business. But green financial products are still rare, especially in China.

Green mortgages, for owners of energy efficient homes at lower interest rates, are considered green financial products and are already in place, Jennifer D. Berlin of LL Global said at the 19th Annual Strategic Issues conference held April 7-8 i
Suntech Power Holdings Co Ltd, China's largest solar panel maker, and Peak International Trade (Tianjin) Co Ltd, have won a million contract to provide portable solar power systems to United Nations (UN) peacekeeping missions. The deal is the largest single UN contract to have been won by Chinese companies.
As a new carbon tax sets China's aviation industry fidgeting over projected losses, Fu Pengcheng, a Chinese biofuel expert, is feeling the pressure.

Fu's office at the China University of Petroleum is developing new biological fuels. China's major airlines are now looking to his research to trim their flights' carbon emissions.

"We don't have much time. A locally-developed biofuel is desper
China may double its target for photovoltaic power capacity over the next five years in the wake of Japan's nuclear crisis, Reuters reported, citing a China Securities Journal report.

Citing unnamed sources, the China Securities Journal said the government may be looking at a new target of having installed capacity of 10 gigawatts (gW) of PV power by 2015, up from its existing target of 5 gW.

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