Latest News:  
Beijing   Sunny/Cloudy    27 / 14 ℃  City Forecast

English>>China Business

Overseas energy projects get green light

By LAN LAN and XIE YU (China Daily)

07:53, October 10, 2012

Energy programs are among 15 major international economic projects that have been given the go-ahead in a major effort to boost the country's global presence in the solar sector and provide more opportunities for Chinese companies.

The National Development and Reform Commission, China's top economic planner, announced the approval of 15 overseas projects on Monday. Energy projects account for about half. Silicon cell producers Hareon Solar Technology won approval to build a 122-megawatt solar-panel power station in Romania.

Winsun New Energy also won approval to establish solar power stations in Italy and Greece.

Solar panel manufacturers have been hit by trade friction recently but power stations may meet less opposition as they provide local employment, experts said.

Han Wenke, director of the Energy Research Institute under the NDRC, said Chinese companies are increasingly looking at setting up power stations.

"Solar has led a new wave in China's overseas investment," Han said.

Solar companies have the expertise to meet robust demand from overseas, he said.

The European Commission launched a probe into China's alleged dumping of solar products in September and the ProSun coalition, a group of 25 European solar panel manufacturers, requested tariffs of up to 120 percent on some Chinese solar products.

More than half of China's solar products are exported to Europe and the suggested tariff would seriously damage the domestic industry.

The EU's probe came on the heels of the US Commerce Department announcing preliminary tariffs of up to 250 percent on imports of Chinese solar cells in May.

【1】 【2】

News we recommend:
Let the train, take the strain Personal care market to keep growing An Apple a day isn't keeping critics away
Global companies expand rapidly in China Shanghai's 'other' market China's tourism industry reaps golden harvest
Commentary:Asking the right questions  More Investment, More Woes? All that glitters is gold


Leave your comment0 comments

  1. Name


Selections for you

  1. Guangzhou MAC organizes air-defense actual-combat exercise

  2. The world in photos (2012.10.01-10.07)

  3. Commentary:Asking the right questions

  4. Top 8 October destinations in China

  5. How can we sustain love?

  6. Fascination China

Most Popular


  1. War with Syria would be great mistake for Turkey
  2. Why being a runt can be an advantage
  3. Govt aid needed for solar firms to survive
  4. Chavez expected to boost China links
  5. Can US ‘enjoy the downward slide?’
  6. Editorial: Protectionism harmful
  7. US attack of Chinese autos baseless
  8. Violent protesters not representative of real issue
  9. Stronger China-EU partnership benefits both sides
  10. China, EU should set example in resolving disputes

What's happening in China

China's first aircraft carrier celebrates National Day

  1. Forced landing in NW China after terrorist warning
  2. New traffic rules highlight school bus safety
  3. ZTE denies U.S. security threat accusation
  4. Death toll climbs to 12 in C. China ship collision
  5. Health authorities on alert for new SARS-like virus

China Features

  1. Oregon official: We welcome Chinese investors
  2. Mid-Autumn Festival Keywords
  3. Culture invasion? Starbucks kisses Buddha
  4. Public should enjoy more 'tourism benefits'
  5. Ancient villages face losing their souls

PD Online Data

  1. Ministry of Water Resources
  2. Ministry of Railways
  3. People's Bank of China
  4. Ministry of Health
  5. Ministry of Culture