German exporters posted record earnings in the first half of the year due to strong demand from EU countries, the US, and China. Exports grew by 4.5 percent in June alone compared to the previous month, adding up to €134.3 billion, according to the Federal Statistical Office on Wednesday. This is already the third increase […]
Experts like to callhydrogenthe “champagne of the energy transition. It is currently still very rare and should be used sparingly only for the most important “occasions”, i.e. applications. Others see the raw material as an alternative for sustainable mobility and have high hopes for hydrogen drives. In today’s issue, Christian Domke Seidel analyzes how far […]
China has begun construction on its first large-scale nuclear heat generation project. Around 900 megawatts of thermal energy are to be generated at the Haiyang nuclear power plant in Yantai, Shandong Province, starting in 2023. The plan is to use the heat generated by the reactor to produce steam, which will then be pipelined to […]
China wants to increase the share of non-fossil energy sources in total consumption by an average of one percent annually by 2030. This is intended to achieve the climate target of using 25 percent non-fossil energy sources by 2030. This was recently announced by the National Energy Commission. Non-fossil fuels, including wind, solar, nuclear and […]
China and Hong Kong met yesterday in the East Asian Men’s Football Championship. China won the match 1-0, Hong Kong had moved up for North Korea in the final round, which is contested by four teams. Japan won the tournament after defeating South Korea 3-0.
Both solar cell manufacturers Longi and Tongwei have raised their prices. Tongwei raised the price of solar cells of various sizes by between 3 and 4 percent on Monday. Rival Longi followed suit on Tuesday, raising prices for wafers – a precursor to cells – by 3 to 4 percent as well. The price adjustment […]
actually, China is sitting on huge shale gas deposits. These could contribute to the country’s energy supply and offer an alternative to coal, on which China’s energy supply still depends heavily. But fracking is not only environmentally harmful, it is also extremely difficult in China. Geographical conditions make it cumbersome, expensive and even cause earthquakes. […]
For years, China was considered one of the preferred partners of German politics and business. The People’s Republic was a guarantor of German growth and has long since risen to become Germany’s largest trading partner. Automobile and mechanical engineering companies make huge profits in the People’s Republic. However, there are many indications that Germany’s economic […]
For years, China was considered one of the preferred partners of German politics and business. The People’s Republic was a guarantor of German growth and has long since risen to become Germany’s largest trading partner. Automobile and mechanical engineering companies make huge profits in the People’s Republic. However, there are many indications that Germany’s economic […]
The city of Shenzhen has imposed a closed loop system on 100 large enterprises to reduce worker contacts. The measure should decrease the number of Covid infections in the metropolis. Major industrial companies such as BYD, Foxconn, Huawei, ZTE, drone maker DJI, and also oil company CNOOC are affected, Bloomberg reported. According to the report, […]