China International Environmental Protection Exhibition and Conference (CIEPEC)
Mar-31-2011 By : agxadmin
The “China International Environmental Protection Exhibition and Conference” (CIEPEC) will be held in Beijing from June 7 till 10, 2011 and offers an ideal opportunity to prospect the Chinese market of environment and energy. Flanders Investment and Trade (FIT) is organizing a product sample booth (PSB) for Flemish companies. Registration is possible till May 6, 2011.
FIT is renting a limited space for participating Flemish companies to showcase their products and services in a common area, and to have the opportunity to meet their contact persons in a meeting area. A Product Sample Booth (PSB) is smaller compared to a group stand and also does not allow to allocate a specific space to a company. The available space is therefore used collectively. CIEPEC is organized by the China Association of Environmental Protection Industry (CAEPI) and sponsored by the Ministry of Environmental Protection (MEP). The show is mainly focused on water and air pollution, waste treatment, soil treatment, renewable energy and energy efficiency. FIT also plans to organize a technological seminar and can arrange individual programs for the participating companies. For more information, please contact FIT’s Technology Attaché for Environment and Energy Tom Tobback in Beijing at tom.tobback@fitagency.com.
CEI hopes to realize waste-to-energy project abroad
By : agxadmin
China Everbright International (CEI), China’s largest waste-to-energy power plant developer, aims to clinch at least one overseas project this year, said Chief Executive Chen Xiaoping. CEI has been transformed over the past eight years from an almost-bankrupt toll road and bridge operator into an environmental concern. It obtained a USD200 million credit line from the Asian Development Bank (ADB) in 2009 which it can draw down to borrow low interest funds for 10 years for waste-to-electricity projects. Chen said one condition of the loan was that CEI must share its knowledge with other Asian countries, which could take the form of equipment and technology transfer, or project investment. Projects should earn an expected 10% minimum return on investment. “Hong Kong has pushed back its waste treatment plant by eight years and we should have some discussions on the issue with the Hong Kong government,” Chen said. The Hong Kong government last month proposed building a controversial incinerator on a remote outlying island, which would be ready for use in 2018, the year when all the landfills are expected to be filled. CEI has four operating waste-to-power projects in China, with a combined garbage processing capacity of 4,550 tons involving CNY2.2 billion of investment. It also has projects under construction or preparation with a combined daily capacity of 6,000 tons and an investment of CNY2.9 billion. The company posted a 66% jump in net profit to HKD616.4 million for last year from 2009, on revenues that grew 66% to HKD2.93 billion. According to an HSBC Securities research report, the main risks for investors in the company are potential delays in project execution and funding requirements, the South China Morning Post reports.
Sasol and Shenhua to turn coal into fuel
By : agxadmin
China has granted initial environmental approval to an USD8.8 billion project by the South African petrochemical firm Sasol and China’s top coal producer Shenhua Group to turn coal into fuels. The environmental clearance brought the project, potentially one of the largest foreign investments in China, a step closer to final approval by the National Development and Reform Commission (NDRC), after nearly a decade of talks between the two companies. The project, to be built in the Ningxia Hui autonomous region, plans to produce 3.16 million tons of diesel and 655,500 tons of naphtha a year. After backing coal-to-liquid (CTL) investments as a way of improving energy security and easing its growing dependence on foreign oil, China went cold on the technology in 2008, canceling dozens of projects amid concerns about high costs and the impact it would have on scarce local water supplies. The country’s massive coal industry has also been developing its own coal-liquefying technology, which the government favors. Shenhua Group, parent of Shenhua Energy Co, has built its first CTL plant in the Inner Mongolia autonomous region, which is expected to produce 3 million tons a year by 2015, the China Daily reports.
China still interested in development of nuclear energy
By : agxadmin
Despite the nuclear crisis in Japan, China is still expected to continue its nuclear development program. State-owned China National Nuclear Corp (CNNC) signed an accord last November with France’s Areva for France and China to jointly build a commercial plant to reprocess and recycle spent nuclear fuel in Gansu province. Reprocessed fuel can be used by so-called fast reactors, reducing the need for fresh uranium. China aims to become a major nuclear-power-equipment exporter by building plants, mostly in developing countries. While the nuclear crisis in Japan has prompted the Chinese government to review the country’s nuclear plans, energy experts say that because of a lack of viable energy alternatives, Beijing may have little choice but to pursue its nuclear power strategy. In the wake of the Japanese earthquake, the National People’s Congress (NPC) still approved the country’s nuclear strategy as outlined in the 12th Five Year Plan. Sun Qin, General Manager of the China National Nuclear Corp (CNNC), said 2011 to 2015 would be the “active” expansion period, to be followed by a “fast” development stage between 2016 and 2020. In the days following the earthquake in northern Japan, China put its nuclear development plans under review and suspended approvals for new nuclear plants, but given Beijing’s announced target for cutting greenhouse gas emissions, “we do not expect the government to slow the pace of nuclear development,” said Gary Chiu at Samsung Securities in Hong Kong. “I can’t think of an effective and sufficient clean energy replacement for nuclear in China in the short to medium term. Wind power is restricted by a power-grid bottleneck, coal is not clean and solar is too expensive.” China made its first foray into nuclear energy when a reactor in Zhejiang province went into operation in late 1991, followed three years later by the first plant in Daya Bay, Guangdong province. Currently there are 13 reactors in operation in Zhejiang, Guangdong and Jiangsu provinces. All are more modern than the quake-hit Fukushima facility in Japan. Another 34 reactors in coastal areas are under construction or obtained approval. More plans for nuclear projects are on the drawing board, including further inland, where energy consumption is growing fast and plants can draw on water supplies from various lakes and the Yangtze river. China now accounts for about 40% of all nuclear power projects under way or planned around the world. Last year, nuclear power accounted for a little over 1% of China’s national power generating capacity, which is projected to climb to just under 5% by 2020. By comparison, nuclear-generated power accounts for 76% of France’s electricity, nearly 35% in Japan and 20% in the U.S. According to the International Energy Agency (IEA), China’s electricity demand is projected to triple between 2008 and 2035. The country is expected to overtake the U.S. as the largest global consumer of electricity by 2012.
Goldwind to acquire technology companies
By : agxadmin
Xinjiang Goldwind Science & Technology Co is looking to acquire technology companies that can design and create easily-transportable compact generators and for buying opportunities in renewable power batteries, smart grids, cooling systems for generators and control strategies for wind blades, Kerry Zhou, Goldwind’s Director of Strategy and Planning, said. “We will acquire companies that can help us to optimize our wind-turbine capacity,” she added. All the merger and acquisition activity (M&A) will be conducted by the parent company, Goldwind International Holding. Overseas expansion will help Goldwind to partly offset fierce competition among domestic manufacturers. The three largest domestic manufacturers ― Sinovel Wind Group Co, Dongfang Electric Corp and Goldwind ― have a combined production capacity of 8.2 GW for an annual market of 13.8 GW. Even if China’s economy continues to boom, it seems unlikely that all current domestic manufacturers will survive the tough competition, and many are expected to be squeezed out of the market. Goldwind, which is listed on the Hong Kong Stock Exchange, was ranked the global No 4 last year in terms of new wind-energy installation.The company has installed wind turbines in China, the U.S., Canada, Cuba, Pakistan and in Europe. In 2010, the Chinese Renewable Energy Industry Association said that the country had 42.3 GW of wind power and had overtaken the U.S. in terms of total installed capacity. The association said this puts China firmly on the path to reaching 200 GW of installed wind power by 2020.
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