Wasted Electricity 'Cost Wind Power Firms 5 Bln Yuan Last Year'
(Beijing) – China's wind power firms lost more than 5 billion yuan last year because restrictions from state-owned companies limited the amount of electricity they could produce, a September 18 report said.
The figure represented half of the sector's profit, a report by the NGO Greenpeace, the government-affiliated China Association of Resource Comprehensive Utilization (CARCU) and the Global Wind Energy Council said.
- Solar Firm's White Knight Faces Wary Bond Creditors
- Xinhuanet Shares Suspended, Frozen After Surging In Debut on Shanghai Exchange
- Government-Microsoft Deal Could Hamper Development of Homegrown Operating Systems, Academic Warns
- Mastermind of Gang that Sold Beijing Hukou Documents Imprisoned for Three Years
- Accusations of Plagiarism Rock China's Academia
- Yuan’s Continued Slide Reflects 'Orderly Devaluation' of Currency
- Closer Look: China's Debt Crisis Has Similarities to 1998 Situation
- Bankruptcy Becomes Option in Addressing Debt Crisis
- Government-Backed Investment Funds to Help With Deleveraging
- Public-Private Partnerships May Have Added to Debt Overhang
- Sign up to receive our free daily newsletter
- Shanghai Seeks to Enforce Ban on Overseas Curricula at International Schools
- Chinese Workers' Salaries Fail to Keep Pace with GDP Growth, Study Finds
- Air-Scrubbing Tower Gives Beijingers Breathing Room
- Chinese State-Owned Shipping Company Declared Bankrupt
- China's Largest Cities Attracting Fewer Migrants, Study Shows
- Xiaomi Unveils New Smartphones as Apple and Samsung Falter
- Poor Parenting Hinders Development of China's Rural Children, Study Shows
- Closer Look: Is Cutting Steel Overcapacity Working as Well As it Appears?
- Debt-To-Equity Can't Be The Only Way to Deal With Corporate Debt
- Online Travel Site Qunar Agrees to $4.44 Billion Buyout