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China's Electric Power Development Surges on USD1.6 Billion Solar, Wind Power Plans - Vimarsana News

China's Electric Power Development Surges on USD1.6 Billion Solar, Wind Power Plans

China's Electric Power Development Surges on USD1.6 Billion Solar, Wind Power Plans Tang Shihua China's Electric Power Development Surges on USD1.6 Billion Solar, Wind Power Plans (Yicai Global) Feb. 24 -- Shares of Guangdong province-based Electric Power Development rose after the Chinese electric utility said that it will invest CNY10.5 billion (USD1.6 billion) in photovoltaic and wind power projects in western China over the next three years. EPD's stock price [SHE:000539] was 3.3 percent up at CNY3.75 (58 US dollar cents) in the afternoon after jumping as much as 7.7 percent earlier. T...

The supply is difficult to release the quantity and the demand grows steadily. Will the price center of gravity of thermal coal move up?_SMM - Vimarsana News

The supply is difficult to release the quantity and the demand grows steadily. Will the price center of gravity of thermal coal move up?_SMM

The content below was translated by Tencent automatically for reference. 2020 is the year with the biggest fluctuation of thermal coal disk price in the past five years. At the beginning of the year, because of the epidemic, thermal coal prices, like other industrial products, fell to the bottom, and soon rose rapidly with the resumption of work and production, forming a V-shaped trend. In the following three months, that is, from the end of May to the end of August, although it was in the peak season of coal consumption in summer, the price of thermal coal fluctuated, which was the biggest r...

Source: metal.com