1. China’s top three oil majors have tapped into the shale oil and gas area as part of their moves to develop green energy. CNOOC Ltd said it had completed a deal with Chesapeake Energy Corp to buy a stake in a shale oil and gas project in the United States.
2. Nov. 12, 2010, the famous Yarlung Zangbo River in Tibet, China, was first dammed up, which indicated that the hydro-power station in Tibet will enter a construction stage of the main project. The first hydro unit is planned to be put into operation in 2014, which will relieve the intense power supply shortage situation of the middle area of Tibet.
3. China’s government says it will have 100 gigawatts of wind-power capacity by 2020 – enough to power more than 60 million homes. That figure is more than three times the target the government laid out just 18 months ago.
4. Oerlikon Solar, maker of thin film silicon photovoltaic production equipment, announced it received a 40 MW Fab 1200 order from Hunan Gongchuang Photovoltaic Science & Technology Co. Ltd. Based in Hengyang City in China. The production line will be in mass production by the end of 2011, producing approximately 330,000 solar modules per year.
5. CGN Solar Energy Company, one of the member enterprise of China Guangdong Nuclear Power Group (CGN), signed an agreement with Singapore Biomass Energy Industry Company. The CGN Solar Energy Company invested 65 million Singapore dollars to develop a project, named Singapore biomass energy electricity generation project.
6. Qingdao has built the first biogas energy station in China. About 2000 families in Qingdao used the gas, heat energy and electrical energy provided by the marsh gas energy station. The experts of Ministry of Agriculture said, marsh gas will be developed to provide energy for the new energy automobiles.
7. Chinese automaker Chery Automobile has released its first 100% electric vehicle, Riich M1-EV, at the 25th World Electric Vehicle Symposium and Exposition held in Shenzhen. The latest move marked the auto maker’s entry into the new-energy vehicle market.
8. China topped Ernst & Young’s attractiveness index for investments in wind power. The country last year had three turbine makers in the top 10 worldwide in terms of sales by megawatts, according to the Danish researcher BTM Consult APS. Those companies are Xinjiang Goldwind Science & Technology Co., Dongfang Electric Corp. and Sinovel Wind Co.