Wuxi Suntech recently narrowed down the strategic investor pool for its debt restructuring, around RMB 10.7 million (US$1.75 billion), into four candidates: Trina Solar, Yingli Green Energy, Povetio New Energy, and China XD Group. All of them meet the requirements of total assets over RMB 5 billi...
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News Commentary | March 18, 2021
One of Lux's top predictions for 2021 was that China would triple global green hydrogen capacity by 2025. While it remains to be seen where Sinopec plans to fit in China's hydrogen economy, it will start by building 1,000 hydrogen fueling stations by 2025. Lofty claims are common from China, ... To read more, click here.
News Commentary | February 09, 2022
Sinopec followed through on its 2021 announcement and completed construction of China's first megaton‑scale carbon capture, utilization, and storage (CCUS) project. The project captures CO2 at Sinopec's Qilu coal‑to‑hydrogen plant and transports it for enhanced oil recovery. Oil and gas majors ... Not part of subscription
News Commentary | March 29, 2022
Algerian group Asmidal, a subsidiary of Sonatrach, mining firm Manal, and Chinese companies Wuhuan Engineering and Tian’An Chemical will launch a fertilizer joint venture (JV). The USD 7 billion JV is the first integrated fertilizer production in Algeria and will have an annual capacity of 5.4 ... Not part of subscription