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Banks raise 30 billion yuan for clean projects in China's first green bond auctions

2016-01-29 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Carbon Pulse: Shanghai Pudong Development Bank and China Industrial Bank this week raised 30 billion yuan ($4.56 billion) in funding for environmental projects, including efforts to cut carbon emissions, as they held their first green bond auctions. The two banks were last week picked by the Chinese government as the first two financial institutions to be awarded quotas for fundraising through green bonds, each allowed to raise 50 billion yuan over three years. Both held over-subscribed auctions this week, achieving...

Tags: green projects clean auctions

 

Chinas $5.5bn high-speed rail project in Indonesia halted over incomplete paperwork

2016-01-29 01:00:00| Railway Technology

China's joint project to build a $5.5bn high-speed railway between Jakarta and Bandung in Indonesia has been suspended due to insufficient paperwork.

Tags: project indonesia rail incomplete

 
 

China's Solar Capacity Exceeds Germany in 2015

2016-01-26 18:03:00| Transmission & Distribution World

Energy Market Price China is likely to have surpassed Germany in the fourth quarter since the country with the most solar capacity. read more

Tags: germany capacity solar exceeds

 

China's EIN Clothing props up product strategy with PLM

2016-01-26 11:15:00| Daily apparel & textile news and comment - from just-style.com

Chinese women's wear business Shenzhen EIN Clothing Co has selected Centric Software's product lifecycle management (PLM) platform to help shorten time to market and improve product quality.

Tags: ein product clothing strategy

 

A look at China's efforts to reduce coal use

2016-01-26 01:47:00| Climate Ark Climate Change & Global Warming Newsfeed

Deutsche-Welle: China is consuming less coal as a result of the government's initiatives to curb carbon emissions as well as restructure the nation's economy. But how is this development impacting attempts to combat global warming? China's domestic coal production fell 3.5 percent in 2015, while imports dropped by almost 30 percent, according to Chinese government data. The combination of lower domestic production and collapsing imports means the Asian nation's coal consumption is estimated to have fallen...

Tags: use reduce efforts coal

 

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