July this year, Alfa Bridge embarked on an ambitious journey to solidify its presence in Zambia by expanding partnerships with local mining companies and laying the groundwork for its own production plant. Known primarily as a commodities trader, Alfa Bridge is now taking a bold step forward by overseeing production directly, starting with key minerals […]
JOHANNESBURG, April 2 (Reuters) – China has a unique opportunity to drive forward an energy revolution in Africa, but it must first reverse nearly two decades of neglect of green power investments there, research from Boston University showed on Tuesday. Beijing has emerged as the continent’s biggest bilateral trading partner since the start of the […]
The high rates of economic growth that China experienced between the beginning of the 21st century and the start of the pandemic have underpinned a substantial increase in its demand for commodities. Opening up trade, rapid urbanisation and industrialisation have benefited China greatly. Expansion of its manufacturing sector has imposed heavy requirements on China’s power […]
At the 2024 Geneva Motor Show which concluded on Sunday, Chinese automakers, driven by a desire to expand their global presence, showcased products and technologies and took the spotlight at one of Europe’s premier auto shows. SAIC Motor’s MG and IM brands showcased 10 electric models, including world premieres of the IM L6 sedan and […]
A rapid surge in the rollout of renewable energy last year has put the world within reaching distance of a goal to triple global capacity by 2030, the International Energy Agency said, after China drove a 50 per cent increase. But the UN-agreed target as part of a package of measures remains far off what […]
China commissioned as much new solar power capacity in 2023 as the entire world did in 2022, as Beijing ramped up its drive to dominate the renewable energy market. Renewable energy capacity surged globally last year, the International Energy Agency (IEA) said in a new report, driven chiefly by huge expansion in China. “The […]
BEIJING – Chinese President Xi Jinping pledged to strengthen economic momentum and job creation, acknowledging that some companies and citizens had endured a difficult 2023 in a rare admission of domestic headwinds facing the country.While China’s most-powerful leader since Mao Zedong used his annual New Year address to trumpet his nation’s achievements, he also conceded […]
BEIJING, Nov 15 (Reuters) – China and the U.S. have agreed to back a global target to triple global renewable energy capacity by 2030, the two superpowers said in a statement on Wednesday, two weeks before nearly 200 countries meet for the COP28 climate conference. The two agreed to “accelerate the substitution for coal, oil […]
LONDON (AP) — When Laima Springe-Janssen was looking to replace her French-made gasoline-powered SUV with an electric car, she considered models from Volvo and Nissan. The Volvo extras she wanted would have busted her budget, while the Nissan lacked the “wow factor.” The Copenhagen, Denmark, resident ended up buying a compact SUV from China’s BYD. […]
A representative from China Power Engineering Consulting Group Co., Ltd. (CPECC) highlighted the Philippines’ significant potential in renewable energy (RE) during the Philippine Renewable Energy Forum 2023. CPECC General Manager Chen Jiping emphasized that the Philippines possesses substantial untapped wind and solar energy resources. The forum centered on advancements in cutting-edge technologies in the RE […]
