Free To Sell.Me

China Re Plastic mould sources Power to further develop renewable energy
Plastic mould Stainless steel ball valve vetement en ligne pas cher Chemisiers rc helicopter ipad charger cheap wedding dresses terminal blocks stainless fastener Electrostatic Dust Remover Molded Case Circuit Breaker press brake stainless steel cable tie chaussure à talon solid state relay Hydraulic Control Butterfly Valve Hydraulic pump guangzhou massage led street light Magnetic Starter Or Motor Starter
China Resources Power to further develop renewable energyPublished: 19 May 2009 18:35:53 PST

Top 5 News From ChinaKnowledge.comTaiwan to set up petrochemical zone in QuanzhouIndustrial Bank approved to issue RMB 68 bln in bondsHenderson Land Development aims to raise HK$5 blnJPMorgan cuts shareholding in R&F Properties to 9.88%Sichuan Hongda to invest RMB 960 mln in chemical projectsMay. 20, 2009 (China Knowledge) – China Resources Power Holdings Co Ltd (CR Power)<0836>, a subsidiary of conglomerate China Resources Holdings, will further develop its alternative energy assets to meet the country’s demand on cleaner energy, the Standard reported.

Renewable forms of energy will account for around 4.5% of the company’s total generating capacity by 2010, compared with the current 1%, said CFO Wang Xiaobin, adding CR Power expects to cut coal-generated power to 63% of the company’s total electricity output and raise hydropower up to 30% of its total power generation by 2020.

Wind power, which provides a stable stream of income, will account for 3% of the company’s portfolio by 2020, while nuclear power will take 4%, according to Wang.

Wang also said that the company’s contract coal this year will be reduced to 80% from 90% of 2008.

According to China Knowledge’s earlier report, CR Power plans to invest RMB 1 billion to build a 100,000 kW wind power farm in Fuxin City of Northeastern China’s Liaoning Province.

The Hong Kong-listed company plans to build wind power farms with a total capacity of between 300,000 and 500,000 kW in the next three years.

Shares of CR Power dipped 0.1% to close at HK$15.82 on Tuesday.

Copyright © 2009 www.chinaknowledge.com电磁流量计 上海翻译公司 混合机 クレジットカード現金化 クレジット 現金化 深圳装修公司 冷热冲击试验机 实验室家具