China issued the first batch of carbon-neutral bonds in February as part of its efforts to allocate more financial resources to green and low-carbon fields of the economy. The larger plan is to help transform the country's industrial and energy structures.
China Southern Power Grid Energy Efficiency & Clean Energy Co Ltd, an energy-saving services provider that went public on the Shenzhen exchange in January, surged to 15.13 yuan ($2.31) per share in early trading on March 24 from its issue price of 1.4 yuan.
More than one-third of centrally administered State-owned enterprises have geared up to tap China's hydrogen power development to cut emissions and achieve sustainable development, a government official said.
The Nacala Water Distribution Center project in Mozambique, contracted to Power Construction Corporation of China (POWERCHINA), has received its performance certificate.
China Petroleum and Chemical Corp, which is known as Sinopec and is the world's largest refiner by volume, plans to invest 30 billion yuan ($4.64 billion) during the 14th Five-Year Plan (2021-2025) period in hydrogen related business, the company said on Monday.
