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2017-05-16 12:10:00

CHINA'S GLOBAL ENERGY

CHINA'S GLOBAL ENERGY

SHANGHAIDAILY - The China-proposed Global Energy Interconnection Development and Cooperation Organization inked five deals on Saturday to promote integrated, smart and clean grids.

Cooperation will focus on grid planning, fundamental research, policy coordination, project development and information sharing, according to the deals signed between GEIDCO and the UN Department of Economic and Social Affairs, the UN Economic and Social Commission for Asia and the Pacific, the African Union Commission, the League of Arab States and the grid management bureau with the Cooperation Council for the Arab States of the Gulf.

The agreements will help create an integrated, smart and clean grid in Asia, Africa and countries along the Belt and Road, said Liu Zhenya, chairman of GEIDCO.

China suggested in September 2015 that the UN Sustainable Development Summit discussed forming the global energy interconnection platform to connect grids globally to smooth development, deployment and utilization of clean energy, with ultra-high voltage transmission as the backbone, said Liu.

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Earlier: 

U.S. LNG TO CHINA 

CHINA: THE TOP BUYER 

CHINA: THE LARGEST IMPORTER 

CHINA'S INVESTNENT TO SAUDI 

CHINA'S RENEWABLE ENERGY

 

 

 

Tags: CHINA, ENERGY, INVESTMENT

Chronicle:

CHINA'S GLOBAL ENERGY
2018, February, 16, 23:15:00

DEWA INVESTS $22 BLN

AOG - The Dubai Electricity & Water Authority (DEWA) is to invest around $22bn on new energy projects across the next five years, with the renewables sector accounting for an increasing share of electricity generation, according to CEO Saeed Mohammed Al Tayer.

CHINA'S GLOBAL ENERGY
2018, February, 16, 23:10:00

TRANSCANADA NET INCOME $3.0 BLN

TRANSCANADA - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Company) announced net income attributable to common shares for fourth quarter 2017 of $861 million or $0.98 per share compared to a net loss of $358 million or $0.43 per share for the same period in 2016. For the year ended December 31, 2017, net income attributable to common shares was $3.0 billion or $3.44 per share compared to net income of $124 million or $0.16 per share in 2016.

CHINA'S GLOBAL ENERGY
2018, February, 16, 23:05:00

RUSSIAN NUCLEAR FOR CONGO

ROSATOM - February 13, 2018, Moscow. – ROSATOM and the Ministry of Scientific Research and Technological Innovations of the Republic of Congo today signed a Memorandum of Understanding on cooperation in the field of peaceful uses of atomic energy.

CHINA'S GLOBAL ENERGY
2018, February, 16, 23:00:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.1%

FRB - Industrial production edged down 0.1 percent in January following four consecutive monthly increases. Manufacturing production was unchanged in January. Mining output fell 1.0 percent, with all of its major component industries recording declines, while the index for utilities moved up 0.6 percent. At 107.2 percent of its 2012 average, total industrial production was 3.7 percent higher in January than it was a year earlier. Capacity utilization for the industrial sector fell 0.2 percentage point in January to 77.5 percent, a rate that is 2.3 percentage points below its long-run (1972–2017) average.

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