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Innovative tech set to be an integral part of nation's electricity generation systemConcentrated solar power generation is making tangible progress in China, with the sector set to be an integral part of the country's current power system soon, said experts.Concentrated solar power, or CSP, is a technology that uses mirrors to concentrate and reflect sunlight to drive traditional steam turbines to create energy.Last year, three major CSP demonstration projects having an installed capacity of 200 megawatts in total were put into operation. These are China's first commercial CSP demonstration plant in Delingha of Qinghai province by China General Nuclear Power Corp, a 100-megawatt plant in Dunhuang, Gansu province, by Beijing Shouhang IHW Resources Saving Technology Co Ltd, and a 50 MW plant in Delingha co-invested by Helius New Energy Co Ltd and Zhejiang Supcon Solar Technology Co Ltd.According to industry newspaper China Electric Power News, six CSP projects are likely to be put in ope...
BEIJING -- China's oil and gas industry saw steady growth in 2018, with expansion reported in both proven reserves and annual output, according to the Ministry of Natural Resources on Monday.In 2018, national exploration of oil and gas saw a total investment of 63.66 billion yuan (about $9.26 billion), up 8.9 percent year on year, the ministry said in a report on its website.Investment in oil and gas exploitation rose 24.7 percent to reach 203.11 billion yuan, according to the ministry.Newly added proven oil reserves stood at 959 million tonnes in 2018, a 9.4-percent rise after declining for two consecutive years.During the same period, proven natural gas oil reserves saw an increase of 831.16 billion cubic meters, up 49.7 percent year on year, the ministry said.China's petroleum output in 2018 remained stable at 189 million tonnes, down 1.2 percent from a year ago.Meanwhile, the country's natural gas production, posting faster expansion, rose 6.4 percent year on year to 141.51 billion...
Renewables to help create low-carbon and clean, safe energy mix, say expertsWind and solar photovoltaic power are likely to achieve grid price parity within 2020, while at the same time, their quick development will further diminish the share of hydropower in the total power output by renewables in China, according to industry experts.Zheng Sheng'an, president of China Renewable Energy Engineering Institute, estimated the rapid growth of wind and solar power will continue throughout 2025, driven by the country's commitment to reducing carbon emissions even as conventional hydropower is slowing down due to restraining factors such as increased costs and environmental protection.Installed capacity of renewable energy in China totaled 728.96 gigawatts by the end of 2018, which accounted for 38.4 percent of the total installed capacity, and increased 11.7 percent year-on-year, while the year-on-year growth of installed power capacity was 6.7 percent in 2018, according to the China Renewabl...
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Leonzon International Trading Co., Ltd. is approved by Wuxi Foreign Economic and Trade Commission and has the right to import and export. The company operates its own brand LEONZON products and agents import and export business of various commodities and technologies.Company advantage:First, focus, and focus. The design, production and international marketing of the LEONZON brand.Second, to provide customers with fast, efficient and professional one-stop international trade services, including procurement, supply, customs clearance, logistics, foreign exchange, tax rebates. Maximize the integration of service resources in the commodity supply chain.Third, the commodity procurement, supply and production process, in accordance with real-time progress through a dedicated network channel to p...
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