China Green Energy
Jun 13, 2023
1. On the evening of June 12, according to Shanghai Securities News, a senior executive of a Chinese photovoltaic company was taken away by the police at the airport before participating in The 2023 Intersolar Europe in Munich, Germany. As confirmed by the China Photovoltaic Industry Association, the executive has returned to the hotel and said he was assisting the police in the investigation. According to the Association, only one person assisted in the investigation, and it did not involve many Chinese photovoltaic companies and several executives that were reported on the Internet.
2. On June 11, Saudi Arabia's investment ministry and Chinese electric car maker Human Horizons signed a $5.6 billion deal to jointly develop, manufacture and sell vehicles, the Saudi state news agency said in a statement.
3. FPSO SEPETIBA, a high-end large-scale marine engineering equipment for offshore oil & gas resources exploration, was delivered in N China's Tianjin and will leave for Brazil soon. The 333-m-long vessel has a storage capacity of 2 mln barrels and a max displacement of 450K tons.
4. Exchanges between the Arab states and China are set to get an upgrade after the 10th Arab-China Business Conference in Riyadh saw the signing of 30 investment agreements worth over $10 billion in several sectors on Sunday. "We don’t have to compete with China, we have to collaborate with China," said Saudi Energy Minister Prince Abdulaziz bin Salman. He added that there is value in working with China because they have taken the lead in getting the "right manufacturers" especially in the renewables space. "We will never go again to this zero-sum game."
5. The world's largest liquefied natural gas (LNG) carrier and refueling vessel was loaded at Ningbo-Zhoushan Port in east China's Zhejiang Province on Monday. It was loaded with 11,000 cubic meters of LNG and will carry out the first bonded LNG refueling operation for ships on international voyages in the coming two days.
6. Pakistan paid for its first government-to-government import of discounted Russian crude oil in Chinese currency, consisting of 100,000 tonnes, Pakistan's petroleum minister said on Monday, a significant shift in its U.S. dollar-dominated export payments policy.
7. China is expected to be the world’s largest importer of clean hydrogen, requiring 13 million tonnes of imported hydrogen a year by 2030 due to the huge amount of clean energy required to decarbonize its different sectors, according to a report released by Deloitte on Thursday.
8. Recently, Xinjiang Changji National High-tech Zone and PowerChina's Xinjiang New Energy signed a new energy power battery and intelligent energy storage project with a total investment of 13 billion yuan. The actual output value of the project is expected to reach 13.4 billion yuan, driving the employment of about 2,000 local people.
9. Recently, the Songyuan Hydrogen Energy Industrial Park project of Energy China was approved by the Jilin Provincial Energy Bureau. The project is the first batch of large-scale hydrogen-based chemical demonstration projects in Jilin Province, with a total investment of 29.6 billion yuan. It plans to build a 600,000-ton green synthetic ammonia/alcohol and hydrogen energy equipment industrial production line.
10. On June 12, according to China Three Gorges Corporation, the country's first 13-megawatt onshore wind turbine full-power test platform completed its first test and was successfully connected to the grid, marking that China's onshore wind turbine R&D verification officially entered the 10-megawatt level era.
