Suntech Achieves 1GW Solar Cell and Module Production Capacity

Suntech Power Holdings Co. Ltd., the world’s largest photovoltaic (PV) module manufacturer, held a ceremony today celebrating the achievement of reaching 1GW PV cell and module production capacity in Wuxi, China. The Company also announced the opening of its new headquarters in Wuxi, China that incorporates a 1MW grid-connected building integrated... 

SouthGobi Energy Resources Reaches 2008 Target Coal Production of One Million Tonnes Ahead of Schedule and Below Budget at Its Ovoot Tolgoi Coal Mine in Southern Mongolia

Peter Meredith, Chief Executive Officer of SouthGobi Energy Resources Ltd., and Gene Wusaty, Chief Operating Officer, Coal Division, announced today that the Ovoot Tolgoi mine in southern Mongolia has produced its first 1,000,000 tonnes of coal ahead of schedule and below budget. “We are very pleased to announce this coal production milestone... 

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China Sunergy Provides Update on Cash Position and Liquidity

China Sunergy Co., Ltd. a specialized solar cell manufacturer based in Nanjing, China, today provided an update on the Company’s cash position and liquidity as of September 30, 2008. Despite challenging economic conditions, the Company continued to improve in liquidity in the third quarter. As at September 30, 2008, China Sunergy had cash and... 

Babcock & Wilcox Power Generation Group Names New President

McDermott International, Inc., parent company of The Babcock & Wilcox Company (B&W), announced that Richard L. Killion has been named President and Chief Operating Officer of Babcock & Wilcox Power Generation Group, Inc. (B&W PGG). McDermott’s Board of Directors announced Killion would succeed Brandon C. Bethards, who was named... 

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Argus Launches Price Assessments for Sakhalin Island Vityaz and Sokol Crudes

Argus, the international energy price reporting agency, has launched daily price assessments for Vityaz and Sokol crude oil from Russia’s Sakhalin island. Argus is the first price reporting service to offer daily assessments of Vityaz, whose output is expected to be around 90,000 b/d this year, rising to an expected plateau of 150,000 b/d from... 

AECL Formalizes Strategic Agreement with China to Extend Nuclear Fuel Resources

Atomic Energy of Canada Limited (AECL) formalized an advanced nuclear fuel development agreement with China’s Third Qinshan Nuclear Power Co. (TQNPC), China North Nuclear Fuel Corporation and Nuclear Power Institute of China. The agreement is to jointly develop the technology for the use of uranium recovered from the spent fuel of light water... 

Sino Gas International: Update on Guyuan County Project and Baoding Gas Company

Beijing Zhongranweiye Gas Co., Ltd. a fully owned subsidiary of Sino Gas International Holdings, signed franchises agreement with Guyuan County of Zhangjiakou City On Sep 9th 2008, Beijing Zhongranweiye Gas Co., Ltd. signed a franchise agreement with the government of Guyuan County of Zhangjiakou City. The franchise agreement grants the company exclusive... 

China to Lead Way From Global Recession to Greener World Through Innovative Technologies, Declares Distinguished Scientist

At a Press & Investor Conference at The Geological Society of London on 30th October 2008, Professor Kenneth Hsu, Director of Kenneth Hsu Consulting (UK), announced the company’s technological inventions, to alleviate the global energy, water, environmental and economic crises, to an audience which included Chinese government officials, overseas... 

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Suntech Reinforces Its Commitment to Tackling Climate Change by Joining The Climate Group

Suntech Power Holdings Co., Ltd., the world’s largest photovoltaic (PV) module manufacturer, announced it has joined The Climate Group, a global, independent organization dedicated to accelerating action on climate change. Suntech is the first and only solar energy company to join The Climate Group. Uniting with other international members of... 

China Celebrates 5 Year Anniversary of CANDU(R) Nuclear Power Plant

China’s Third Qinshan Nuclear Power Co. (TQNPC) hosted a celebration ceremony today to mark the 5th Anniversary of the completion of the Qinshan Phase III CANDU nuclear power plant project in Zhejiang Province. Hailed by China’s President Hu Jintao as a “model for Canada-China cooperation” and the largest infrastructure project...