China aims to boost revenue for renewable power firms

BEIJING (Reuters) – China plans to make power purchasers take fair returns into account when buying electricity from renewable power generators, according to a draft rule issued by the National Energy Administration on Monday aimed at improving their revenues.

The draft rule will apply to non-hydropower resources, including wind, solar, biomass, geothermal and ocean power, the energy body said in a statement. Continue reading “China aims to boost revenue for renewable power firms”

The 11 EU states that have already met their 2020 renewable energy targets

Almost half of the European Union’s (EU) 28 member states have already hit, or are close to hitting, their 2020 renewable energy targets.

But despite this, there has been a gradual slow-down in the rate of renewable energy use across the EU, and some member states have a lot of ground to make up this year.

Those that are already top of the class are: Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, Italy, Hungary, Lithuania, Romania and Sweden. Hot on their heels are Austria, Greece and Latvia, who look certain to hit their targets. Continue reading “The 11 EU states that have already met their 2020 renewable energy targets”

China to create new forests the size of Ireland

Pic: Reuters

China will plant new forests covering an area roughly the size of Ireland this year as it aims to increase forest coverage to 23 percent of its total landmass by the end of the decade, China Daily reported on Friday.

Planting trees has become a key part of China’s efforts to improve its environment and tackle climate change, and the government has pledged to raise total coverage from 21.7 percent to 23 percent over the 2016-2020 period, said the China Daily, citing the country’s top forestry official.

Zhang Jianlong, head of the State Forestry Administration, said at a meeting on Thursday that China would aim to grow at least 6.66 million hectares of new forest this year.

Continue reading “China to create new forests the size of Ireland”