NEW ENERGY AND ENVIRONMENT DIGEST | 新能源与环保参考

China's Power Sector Investment

China’s largest electric transmission company has announced an ambitious plan to develop a national smart grid by 2020 that would help utilities and their customers transport and use energy more efficiently.

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China-based solar producer Suntech Power announced plans this week to build a manufacturing facility in the United States to serve the growing U.S. market for large-scale utility projects and to take advantage of government incentives. Read the rest of this entry »

For the fifth year running, Fortune China has published its “25 Most Influential Business Leaders in China 2008” list, the feature article in the April issue. As in the past, selection was based on “leading executives influential within their corporation and industry, and capable of changing things on a wide scale,” both in China and internationally, said the syndicate.

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Last week’s news of a sizable and unprecedented subsidy for solar installations in China generated noteworthy commotion in the market, as Chinese solar companies’ share price soared as investors’ rush to snatch up solar stocks, followed by confusion over the terms of the subsidies, disenchantment at the likelihood of eligibility restrictions, and finally malaise as analysts concluded, having clarified the arcane wording of the measure and considered the time lag likely involved, that it was not the golden ticket for which they had hoped.

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