Entries from April 2012

Friday, April 20th, 2012

What’s going on in China’s (renewable) energy world

Southern Power Grid to Receive 10.07 billion RMB Central Budget for Rural Grid Upgrade Project 2012 China’s central budget designates 10.07 billion RMB (US $1.6 billion) to Southern Power Grid, of which, 9.288 billion RMB is budgeted for rural grid upgrade and the remaining 783 million RMB for grid construction in areas without electricity. Southern […]

Thursday, April 19th, 2012

5 Key Points in China Guodian Power Development Co. Report

China Guodian Power Development Co. released its 2011 Internal Control Assessment Report, highlighing the following “high risk areas”.  It seems to me that these points are true sector-wide in China. 1. Growth in power consumption slows down. China’s economy enters a phase of “slow development, deep adjustment”. The speed of economic growth will continue to slow […]