Country: China

China’s Carbon Market to Introduce Absolute Emissions Caps From 2027

Wedoany.com Report-Aug. 27, On Monday evening, China’s State Council announced plans to strengthen its carbon trading market by introducing absolute emissions caps in select industries starting in 2027. This move aims to advance the country’s efforts toward sustainable development and carbon reduction. By 2030, China expects to establish a comprehensive national emissions trading scheme (ETS), replacing the current system of eight pilot markets launched in 2021.

2025-08-27

BASiC Semiconductor, CASTC Forge Partnership in Automotive-Grade Power Semiconductor Field

Wedoany.com Report-Aug. 27, On August 23, Shenzhen-based BASiC Semiconductor signed a strategic cooperation agreement with China Automotive Chip (Shenzhen) Technology Co., Ltd. (CASTC) to advance automotive-grade semiconductor technology. The partnership, formalized in Shenzhen, focuses on enhancing the development and application of power semiconductors for the automotive industry.

2025-08-27

Danantara and China’s Gem to Develop Nickel Processing Hub in Indonesia

Wedoany.com Report-Aug. 27, On Tuesday, Indonesia’s sovereign wealth fund, Danantara, announced a partnership with Chinese battery and material recycler GEM to develop a nickel processing hub in Indonesia. The initiative will utilize a portion of Danantara’s $8.3 billion investment funds allocated for 2025. This project marks Danantara’s first venture into Indonesia’s vital nickel sector, leveraging the country’s position as the world’s leading nickel producer to support the growing demand for electric vehicle (EV) battery materials.

2025-08-27

Sinopec Wins Engineering Contract for Saudi Arabian Green Hydrogen Project

Wedoany.com Report-Aug. 27, China’s Sinopec announced on Tuesday that it has entered into an agreement with Saudi Arabia’s ACWA Power to deliver engineering services for a significant green hydrogen and green ammonia project in Yanbu city, Saudi Arabia. This initiative is set to become the world’s largest integrated facility of its kind, leveraging renewable energy sources to produce substantial clean energy outputs.

2025-08-27

PetroChina Proposes to Buy Gas Facilities From CNPC in $5.59 Billion Deal

Wedoany.com Report-Aug. 27, On August 26, 2025, PetroChina (601857.SS) announced a plan to acquire three natural gas storage facilities from its majority shareholder, China National Petroleum Corporat...

2025-08-27

BYD Exports First Batch of Electric Vehicles From Thai Factory

Wedoany.com Report-Aug. 26, On Monday, August 25, 2025, BYD, a Chinese electric vehicle (EV) manufacturer, exported its first batch of 959 electric vehicles from its factory in Rayong Province, Thaila...

2025-08-26

China Builds World’s Largest EV Charging Network

Wedoany.com Report-Aug. 26, During the 14th Five-Year Plan period (2021-2025), China has developed the world’s largest electric vehicle (EV) charging network, according to Wang Hongzhi, head of ...

2025-08-26

Mingyang ‘Fully Committed’ to Europe

Wedoany.com Report-Aug. 26, On Monday afternoon, Mingyang, a Chinese wind turbine manufacturer, announced its continued dedication to the European wind energy market despite stepping away from the 300MW Waterkant project in the German North Sea. The decision to part ways with the project’s developer, Luxcara, was mutually agreed upon, allowing Luxcara to sign a new reservation agreement with Siemens Gamesa for the Waterkant project, replacing an earlier deal with Mingyang from last year.

2025-08-26

Envision Signs 40 GWh-Plus of Battery Cell Deals With Chinese Integrators

Wedoany.com Report-Aug. 26, During the EESA Energy Storage Exhibition held from August 13 to 15 at Shanghai’s National Exhibition and Convention Center, Envision Group signed strategic cooperation agreements to supply over 40 GWh of battery energy storage cells to more than a dozen Chinese system integrators. The event showcased Envision’s commitment to advancing energy storage solutions in China’s growing renewable energy sector.

2025-08-26

Ethio Telecom, Huawei Expand Solar-On-Tower Deployment for Green Energy Transformation

Wedoany.com Report-Aug. 26, Ethio Telecom, Ethiopia’s leading operator, together with Huawei, has announced the successful commercial deployment and stable operation of the first batch of Solar-on-To...

2025-08-26