byHansChen|July6th2011OnJune10th,2011,HuanengRenewableEnergyHolding,therenewableenergy(predominatelywindenergy)subsidiaryofstate-ownedpowercompanyChinaHuanengGroup,raisedHK$6.23billion(~$800million)throughitssecondattemptatanIPOonHongKongStockExchange.ItwouldturnouttobethelargestcleantechIPOgloballyin2Q2011.AfterSinovelWindGroup’s$1.4billionIPOin1Q2011,it’slikelythatwewillgetusedtoatle...[
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byHansChen|June21st2011
TheChineseGovernmenthasamendedthesolarportionofitsrecentlyreleased12thFive-yearPlan.Thenewplansuggeststhatby2015,totalsolarcapacitywithinthecountrywillreach10,000megawatts,doublingfromtheoriginalplanof5,000megawatts.
Amongthe10,000megawatts,about6,500willcomefromlargeutility-scalesolarpowerplantsinprovincesandregionssuchasQinghai,Xinjiang,Gansu,InnerMongolia,NingxiaandSha...[
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byHansChen|June8th2011
Markthedate:May30th,2011,whenGermanybecamethefirsteverdevelopedindustrializedcountrytoeliminatenuclearpowerforgood.NorbertRöttgen,EnvironmentMinisterofthecountry,announcedthatthedecisionwillnotbechangedregardlessofanysituationinthefuture.
Germanydidshutdownsevenofits17nuclearpowerplantsrightafterthenuclearcrisisoccurredinFukushima,Japan.Sincethen,speculationabouttheco...[
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byHansChen|May25th2011
ThinktheChineseCommunistPartyneveradmitsamistake?Thinkagain.
Therareoccurrencehappenedearlierthisweek,whenChina’sStateCouncil,thecountry’sCabinet,saidinanofficialstatementthatwhiletheThreeGorgesDam“provideshugecomprehensivebenefits,urgentproblemsmustberesolvedregardingthesmoothrelocationofresidents,ecologicalprotectionandgeologicaldisasterprevention&rdquo...[
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byHansChen|April21st2011
TheColdWarisalreadypartofourhistorytextbook.Forthepast20years,theAmericanshavelivedtheirliveswithouthavingtothinkaboutthenemesis,SovietUnion.
Lifeisgood,right?
In2000,atatimewhenAmericanswereenjoyingprosperityandinnovation,ahighschoolteacheraskedhisAmericanGovernmentclass,“whichcountrydoyouthinkwillbecomeournext‘nemesis’?”Theflurryofanswersinclud...[
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