BEIJING - China's crude oil output reached 95.39 million tons in the first half of the year, up 0.8 percent over the same period last year, reversing the downward trend of the past three years, an official said Thursday.Natural gas output was 86.41 billion cubic meters in the first six months, up 10.3 percent year-on-year, said Li Fulong, head of the development and planning office of the National Energy Administration, at a press conference.The upgrading of refined oil quality has been carried out steadily and the supply of refined oil was sufficient, he said.China has been upgrading the coal...
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2019
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BEIJING - China has been active in the deployment of solar photovoltaic (PV) power generation, a fast-growing renewable energy technology in the world, and has been reducing subsidies in the sector along with the technology's commercial maturity in recent years.In the latest move, China has implemented a new 'subsidy bidding' mechanism in the solar PV sector, with subsidies lower than market expectations.The National Energy Administration (NEA) on July 11 announced the results of state subsidy bidding for PV power generation projects in 2019. A total of 3,921 projects will be included in the s...
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2019
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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 pl...
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2019
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