"As more measures are expected from the authorities to secure power coal supplies and frustrate the coal price surge, the situation will be reversed."

...starting from the fourth quarter of this year, except for the projects whose contracts the bank has already signed.

Factories usually attract many orders before the Christmas and New Year holidays, he said.

"To make hydrogen out of solar power will also solve the problem of curtailment due to the growing capacity for solar power," he said.

The planned diversification fits in with a global trend of continually deploying resources to further bring down carbon intensity, enhance the functions of the carbon trading system and make technological breakthroughs in related fields.

GE Renewable Energy has been selected by European Energy as the supplier for three additional wind farms in Lithuania

Vestas has been named the pre-selected tenderer at EnBW’s 900 MW He Dreiht project to supply the offshore wind turbines

bp has agreed to join Statkraft and Aker Offshore Wind in a ?consortium bidding to develop offshore wind energy in Norway.