China
China Limits Cars and Closes Factories in Smog Red Alert
The number of cars on roads was limited and factories were temporarily shut in some northern Chinese cities on Monday to reduce pollution during a national smog red alert. More than 700 companies stopped production in Beijing and traffic police…
With New Pledges and New Projects, Developing Countries Take Clean Energy Lead Globally
Developing countries have made unprecedented pledges to consume more clean energy tomorrow even as they are leading the way today with record new wind and solar project completions, the latest edition of Climatescope concludes realised yesterday. Climatescope, the clean energy…
Medium-Term Coal Market Report 2016
Growth in global coal demand will stall over the next five years as the appetite for the fuel wanes and other energy sources gain ground, according to the latest coal forecast from the International Energy Agency. The share of coal…
SunPower Shuts Plant, Cuts Jobs 25 Percent to Survive Solar Slump
SunPower Corp. is following through with a planned restructuring effort that will reduce its workforce by 25 percent to cut costs after solar prices plunged in an oversupplied market. The second-biggest U.S. panel-maker will cut 2,500 employees to reduce operating…
Morocco Becomes IEA Association Country, the First for the Middle East and Africa
The International Energy Agency (IEA) welcomed the Kingdom of Morocco as an Association Country recently, deepening the partnership between both parties for a more sustainable and secure energy future. Morocco becomes the latest member of the IEA family and the…
Reports: China To Spend $174bn On Wind And Hydro By 2020
China has unveiled plans to spend at least 1.2tr yuan ($174bn) on wind and hydro power over the next five years as it doubles down on efforts to green its energy system. Documents released by the National Energy Administration (NEA)…
Report: China Risks Wasting $500bn On Unneeded Coal Plants
China is at risk of wasting almost half a trillion dollars on new coal plants which could quickly become stranded assets as a result of the country’s pursuit of a lower carbon economy. That is the conclusion of a new…