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6102009—china renewable energy news

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					6/10/2009—China Renewable Energy News
Green business summit in Tianjin

The global financial crisis has dampened the development of traditional industries, so new energy and green businesses are considered one of the ways to future global economic revival. Emerging countries such as China are dedicating more efforts to this sector. At the Global Green Business Summit held in Eastern China's Tianjin Municipality on Monday, participants have expressed their confidence in the prospects of green businesses. Steve Fludder, vice president of GE Ecomagination, says, “the idea is if we have to stop and...the economy a way forward, the choices can be made what way it will be. One way is the green way, green way is creating new jobs, new skills, new technology...create sustainable business model for the future.” As a big energy producing and consumption country, China is trying to make its economic development greener. The country has invested more than 15 billion US dollars to develop green energy last year, that's 18 percent more than in 2007. Vice Minister of Environmental Protection Zhang Lijun said at the summit that new energy will become a strategic polar industry in China. Zhang Lijun, Vice Minister of Ministry of Environmental Protection, says, “We should take the financial crisis as an opportunity to restructure the economic growth model. China is promoting the development of new energy, clean energy and energy saving industry. We consider it as a new developing model and a strategic pillar industry in China.” China's national energy bureau has said a new energy development plan is under discussion and will come out in a proper time. Insiders have disclosed that the plan may see up to 4.5 trillion yuan spending in new energy by the year 2020. Government support has also encouraged foreign enterprises to expand cooperation with Chinese companies in this sector. Steve Fludder, vice president of GE Ecomagination, says, “I see a lot of green innovation in China..to work together to innovate green technology..” Currently, China is the world's largest solar-pv equipment producer and the second-largest wind energy market. Solar and wind energy are expected to be the major targets for the country's new energy stimulus plan. Source: CCTV.com Date: 6/9/2009 Link: http://www.cctv.com/program/bizchina/20090609/104258.shtml

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Duke Energy Aims for Clean Energy Cooperation in China

When it comes to tackling climate change, one of the few things the U.S. and China can agree on is that it would be nice to cooperate on clean-energy technology. Duke Energy is trying to turn those talking points into projects on the ground. The U.S. utility aims to line up a series of joint ventures with Chinese firms to develop the whole gamut of new energy, from clean coal to wind power. Jonathan Sheiber of Clean Tech Insight has the goods: What the company hopes, [chief technology officer David] Mohler said, is that by working in tandem with Chinese companies Duke Energy can slash the cost of deploying renewable technologies and mitigate some technical risk through shared costs and allocation of other research-and-development resources. Duke’s chief technology officer has had preliminary discussions with Shenhua Group Corp. Ltd., China Huaneng Group, and other state-owned enterprises working on new coal gasification, liquefaction, and capture and storage technologies; as well as talks about smart grid and energy efficiency, and the deployment of solar and wind generating assets. Duke is by itself kind of a microcosm of the U.S. energy mix: The utility relies heavily on coal to generate electricity, but coal-fired power plants are targeted by new environmental regulations. One way to keep coal in the mix—both in the U.S. and China–is to accelerate development of so-called “clean coal” plants. Another option is to speed up the deployment of renewable energy, as China is doing. Recently, Duke chief executive Jim Rogers said all the uncertainty surrounding coal’s future made him more of a believer in nuclear power. Still, development deals with Chinese companies could spur something Duke has yet to do in the U.S.—invest money in clean-coal facilities. Of course, Duke and other power companies are consumers of clean-energy technology. The issue isn’t lining up buyers, it’s convincing technology developers to spend billions of dollars. Put another way: It’s one thing to say you’re open to deploying clean-coal technology, but until a company develops economically competitive clean-coal technology, so what? The acid test of clean-tech cooperation between China and the U.S. will come when the companies that develop clean-generation technology, such as General Electric, start inking deals with their Chinese counterparts. Many companies that make clean-energy technology are leery that closer cooperation with China could undermine protection of intellectual property. Solve the intellectual property riddle and lining up consumers to deploy new technology won’t be a problem. Source: The Wall Street Journal: Environmental Capital Blog Date: 6/9/2009 Link: http://blogs.wsj.com/environmentalcapital/2009/06/09/clean-tech-in-china-duke-energy-aims-forclean-energy-cooperation/ 2

NEA official: On-grid Electricity Tariff Law may come into force in second half of 2009 An official from the National Energy Administration (NEA) claimed in an interview that On-grid Electricity Tariff Law may officially come into force in the second half of this year as basic conditions are in place currently, China Business News reported. It’s reported as NEA revealed the pricing intention of 1.0928 yuan/kwh, the three-month dispute over the on-grid electricity tariff of solar power has finally calmed down. At the bid opening ceremony of Dunhuang 10MW PV project, the alliance of SDIC Huajing Power Holdings and Baoding Baoding Tianwei Yingli New Energy Co., Ltd. quoted an ultra-low price of 0.69 yuan/kwh (tax included). But the approved on-grid electricity tariff of Inner Mongolia Yitai Group’s 205KW solar energy concentrated PV power plant and the 1MW PV power plant in Qianwei Village, Chongming Island, Shanghai Municipality is 4 yuan/kwh (tax included). "We originally estimated the electricity tariff may be around 2 yuan/kwh, but the reality is always astonishing,” said an official from Dunhuang NDRC in an interview. "The 0.69 yuan/kwh price is definitely too low,” said an official with NEA. He further added: “At present, the preferred price of NEA is 1.0928 yuan/kwh. The price is relatively reasonable. But a final decision hasn’t been made as it is only on the enquiry stage. Once the price is fixed, it will be the future on-grid electricity tariff of solar power.” Source: China Energy Net Date: 6/8/2009 Link: http://www.china5e.com/en/ennews.aspx?newsid=e9082bb4-f890-4d7c-b968086677aabb43&panelv=%u56fd%u5185%u8d44%u8baf&classv=%u65b0%u80fd%u6e90&pageid=1 Longyuan Electric Announces 100MW Wind Farm

The Hainan subsidiary of China Longyuan Electric Power Group Corp, which is wholly owned by China Guodian Corporation, plans to invest RMB 960 million in construction of a 100MW wind farm in Danzhou, Hainan province, reports Hainan Economic Daily. The first phase of the two-phase project will cost RMB 480 million, started construction last May and is scheduled to start production in late June, with installed capacity expected to reach 49.5MW, said the report. A related chief at the Hainan subsidiary said second-phase construction will start soon and end in 2010. Source: JLM Pacific Epoch Date: 6/9/2009 Link: http://www.jlmpacificepoch.com/newsstories?id=149823_0_5_0_M

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Trina Solar Plans First US Depot

Jiangsu-based integrated photovoltaic products manufacturer Trina Solar Ltd (NYSE:TSL) plans to build its first U.S. warehouse in Oakland, California, the company announced June 8. Trina Solar expects the warehouse to be operational in June, and hopes it will strengthen the company's North American distribution network. In 2008, California accounted for 530MW of the estimated 800MW of on-grid photovoltaic capacity in the United States, according to the announcement. Source: JLM Pacific Epoch Date: 6/9/2009 Link: http://www.jlmpacificepoch.com/newsstories?id=149792_0_5_0_M Dow Corning Considers China, Solar for $4B Investment

Global silicon supplier Dow Corning said June 8 that it plans to invest $4 billion over the next five years, a large part of which will go to photovoltaics and the China market, reports China Business News. The company plans to establish a silane production base, probably in Jiangsu province, said Dow Corning Global Vice President Jean-Marc Gilson. The company produces polysilicon and silane in the U.S. but has not yet set up a China plant, said Gilson. Source: JLM Pacific Epoch Date: 6/9/2009 Link: http://www.jlmpacificepoch.com/newsstories?id=149831_0_5_0_M Suntech Signs for 500MW Mongolia Project

Photovoltaic module manufacturer Suntech Power Holdings (NYSE:STP) signed an agreement with Qinghai province's Haixi autonomous region on June 6 for a 500MW on-grid photovoltaic power project and a photovoltaic industry base, reports qhnews.com. Suntech will construct the project between 2010 and 2012, said the report. Source: JLM Pacific Epoch Date: 6/9/2009 Link: http://www.jlmpacificepoch.com/newsstories?id=149825_0_5_0_M 4

Coda Automotive, Yardney form battery JV

US specialty lithium ion battery maker Yardney Technical Products and California-based electric vehicle developer Coda Automotive have formed a joint venture to manufacture batteries for Coda’s cars. The joint venture, Coda Battery Systems, could employ 600 workers at a factory to be built in Enfield, Connecticut, assuming the JV receives the necessary federal government support, Coda said via a press release. On 19 May, Coda Battery Systems submitted a proposal under a US Department of Energy grant programme for funding to build the factory. Coda Automotive’s cars are manufactured by Chinese automaker Harbin Hafei Automotive. Coda’s sedan is priced at USD 45,000 but that falls to USD 37,500 after a USD 7,500 US Federal tax credit for EVs. Coda said that starting in fall 2010 it will deliver to the California market cars supplied with batteries from a joint venture between Coda and Chinese battery maker Tianjin Lishen Battery. Once Coda Battery Systems’ plant begins production, Coda will begin using batteries produced at the US joint venture, it said. Coda anticipates that Lishen will participate in the US joint venture. Details on the exact cost and schedule for completion of Coda Battery Systems’ plant were not disclosed. Coda’s CEO Kevin Czinger said that the Connecticut plant’s hundreds of new jobs “are only the beginning” of the company’s long-term plans. A spokesperson for Coda said that the company closed USD 15m in a first round of venture financing and USD 29m in a second round and expects to close a third round of funding later in 2009. Source: New Energy Finance Date: 6/10/2009

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