Top stories of the day: China power and coal-Jan. 9
BEIJING, Jan 08, 2012 (Xinhua via COMTEX News Network) -- Top stories of China's power and coal industries on January 9 as follow:
1. Trina Solar Limited (TSL.NYSE), a leading integrated manufacturer of solar PV products recently announced the establishment of the Changzhou Trina International School.
The initiative is driven by investment from the Changzhou State-Owned Asset Investment Corporation, Changzhou Trina Solar Energy Co., Ltd., and the Changzhou Foreign Language School.
The Company will invest an estimated 11.9 million US dollars for an approximate 31 percent equity stake.
The private school will provide international curricula for kindergarten, elementary, middle school and high school students, and is expected to open operations in the fall of 2012.
2. The State Grid Corp. of China, one of China's two major power grid operators, is to push forward four ultra-high voltage alternating current (UHV AC) power transmission projects and three ultra-high voltage direct current (UHV DC) power transmission projects to start construction upon approval from the National Development and Reform Commission (NDRC) in 2012, Shanghai Securities News reported on Friday.
The four UHV AC power transmission projects include Ximeng-Nanjing, Huainan-Shanghai, West Inner Mongolia-Changsha and Ya'an-southern Anhui AC power transmission lines while the three UHV DC power transmission projects include Hami-Zhengzhou, Xiluodu-West Zhejiang and Hami-Chongqing DC power transmission lines.
Among them, the Ximeng-Nanjing and West Inner Mongolia-Changsha UHV AC power transmission lines and the Hami-Zhengzhou UHV DC power transmission line can carry some 9 gigawatts (GW), 10 GW and 7.6 GW of electricity respectively every year.
Meanwhile, the state grid is planning to invest some 1.5 trillion yuan in the construction of UHV AC power transmission backbone networks and 13 UHV DC power transmission lines during 2011-2015 period.
3. Canada Solar (CSIQ.NASDAQ), one of the world's largest solar companies, and the Ningxia Electric Power Group on Thursday announced that the 10-megawatt (MW) ground mounted solar project, a part of a 50MW solar plant in Hongsibao, northwest China's Ningxia Hui Autonomous Region has been completed and connected to power grid at the end of 2011.
Consisting of an 8 MW fixed system and a 2 MW tracking system, the 10 MW project is expected to generate approximately 13.511 million kilowatt-hours (KWh) and will reduce CO2 emissions by 18,900 tons annually, which is equivalent to save some 5,200 tons of standard coal.
Ningxia Power Group funded and constructed the project, with Canadian Solar's JV Gaochuangte New Energy serving as the EPC contractor, according to the announcement. (Edited by Li Xiaohui, lixh@xinhua.org, Niu Huizhe, niuhuizhe@xinhua.org)
Copyright 2012 XINHUA NEWS AGENCY
1. Trina Solar Limited (TSL.NYSE), a leading integrated manufacturer of solar PV products recently announced the establishment of the Changzhou Trina International School.
The initiative is driven by investment from the Changzhou State-Owned Asset Investment Corporation, Changzhou Trina Solar Energy Co., Ltd., and the Changzhou Foreign Language School.
The Company will invest an estimated 11.9 million US dollars for an approximate 31 percent equity stake.
The private school will provide international curricula for kindergarten, elementary, middle school and high school students, and is expected to open operations in the fall of 2012.
2. The State Grid Corp. of China, one of China's two major power grid operators, is to push forward four ultra-high voltage alternating current (UHV AC) power transmission projects and three ultra-high voltage direct current (UHV DC) power transmission projects to start construction upon approval from the National Development and Reform Commission (NDRC) in 2012, Shanghai Securities News reported on Friday.
The four UHV AC power transmission projects include Ximeng-Nanjing, Huainan-Shanghai, West Inner Mongolia-Changsha and Ya'an-southern Anhui AC power transmission lines while the three UHV DC power transmission projects include Hami-Zhengzhou, Xiluodu-West Zhejiang and Hami-Chongqing DC power transmission lines.
Among them, the Ximeng-Nanjing and West Inner Mongolia-Changsha UHV AC power transmission lines and the Hami-Zhengzhou UHV DC power transmission line can carry some 9 gigawatts (GW), 10 GW and 7.6 GW of electricity respectively every year.
Meanwhile, the state grid is planning to invest some 1.5 trillion yuan in the construction of UHV AC power transmission backbone networks and 13 UHV DC power transmission lines during 2011-2015 period.
3. Canada Solar (CSIQ.NASDAQ), one of the world's largest solar companies, and the Ningxia Electric Power Group on Thursday announced that the 10-megawatt (MW) ground mounted solar project, a part of a 50MW solar plant in Hongsibao, northwest China's Ningxia Hui Autonomous Region has been completed and connected to power grid at the end of 2011.
Consisting of an 8 MW fixed system and a 2 MW tracking system, the 10 MW project is expected to generate approximately 13.511 million kilowatt-hours (KWh) and will reduce CO2 emissions by 18,900 tons annually, which is equivalent to save some 5,200 tons of standard coal.
Ningxia Power Group funded and constructed the project, with Canadian Solar's JV Gaochuangte New Energy serving as the EPC contractor, according to the announcement. (Edited by Li Xiaohui, lixh@xinhua.org, Niu Huizhe, niuhuizhe@xinhua.org)
Copyright 2012 XINHUA NEWS AGENCY
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