It may be a small country but Iceland has big ambitions in China. Icelandic energy company Enex, which is working on the world's largest geothermal district heating project in Xianyang, while Glitnir, Iceland's biggest bank, is helping Icelandic businesses tap into China's raging economy...   more »

Capitalising on the current solar investment boom, Chinese solar cell maker Jetion Holdings has raised £30.5m through a placing and announced plans to list on London's AIM market. The Jiangyin-based company argues that it has several advantages over better-known western competitors: lower tax rates, low labour costs and strong levels of support from the Chinese government...   more »

Some ethanol plants in China have suspended production due to the high cost of corn coupled with low ethanol prices. The tightness of the corn market is blamed on traders stockpiling corn in the expectation of higher prices. Government concern that China's ethanol producers are jeopardising China's food supply is also dampening prospects for the sector...    more »

Bad news from London-listed China Biodiesel International. China, more than any country, could do with some greener alternatives to fuel its rapidly growing economy. But biodiesel's attractions have waned because of a rise in the price of the feedstock that CBI uses to make its fuel...   more »

Siemens has won a €300m order to bring electrical power to China's power-hungry Pearl River Delta. It will help build the world's highest capacity power link stretching 1,400km beween the provinces of Yunnan, where new hydroelectric plants are being built, and Guangdong...    more »

Latest results from Spanish wind-turbine maker Gamesa reveal that China has grown to be its third most important market. The current boom in wind power means that Gamesa has its order books full for the next couple of years with China accounting for around 11% of orders. And who said that China does not take renewable energy seriously?   more »

EngagingChina has often wondered why more western businesses aren't rushing to help with one of China's most pressing problems, namely, creating a more environmental sustainable economy. One that has seen the light is Siemens, which expects growing interest in cleaner forms of transport and energy technologies will double its China sales...   more »

Suntech Power, the Chinese solar energy company, has signed a multi-year contract to supply its photovoltaic panels to SunEdison, the largest solar energy company in the US. The compnay also recently create a subsidiary to integrate solar power into the grid of southern China...    more »

China National Petroleum Corp (CNPC), the country's largest oil and gas producer, has unveiled a biofuels project in Sichuan province. Under its current Five Year Plan, China is looking to promote clean fuels to cut pollution and reduce its traditionally heavy dependence on imported petroleum...    more »

Renesola, a Chinese start-up that makes wafers for solar cells, has recently been attracting a lot of intention from western investors -- its share price has doubled in the last month. The company recycles scrap silicon wafers for use in photovoltaic cells, a market where demand currently exceeds supply and is likely to stay that way...   more »