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Energy Insider: Longyuan Power Inks Carbon Trading Deal in South Africa; Tongwei Plans $2.2 Billion High-Purity Silicon Project


Jul 02, 2021 08:16 AMENERGY INSIDER
Energy Insider: Longyuan Power Inks Carbon Trading Deal in South Africa; Tongwei Plans $2.2 Billion High-Purity Silicon Project
In today’s Caixin energy news wrap: Chinese offshore drilling rig giant gets $129 million SOE cash injection; Tongwei plans to invest $2.2 billion in high-purity silicon project; a power complex will be built in Huizhou; and China develops new power generation using hot dry rock.
Longyuan Power inks $1.1 million overseas carbon trading deal
The South Africa branch of
China Longyuan Power Group Co. Ltd., a subsidiary of state-owned China Energy Group, signed a $1.1 million carbon trading contract with the De Aar wind power project in South Africa for 630,000 tons of emission quota. The De Aar wind power project is the only large-scale renewable energy project registered in South Africa that meets voluntary emission reduction standards under which emission quota buyers pay to fulfill voluntary emiss ....

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How Three Chinese Companies Cornered Global Container Production | Hellenic Shipping News Worldwide


How Three Chinese Companies Cornered Global Container Production
Never before has the humble ocean shipping container been this important to American business. If you can’t get one, you can’t move your international cargo and supply has never been tighter. The cost of global trade is now contingent on how many containers exist, where they are and where they aren’t.
How many containers exist is controlled by China. Virtually every ocean shipping container in the world is built there.
Just three Chinese companies account for the majority of production, with Chinese factories now building more than 96% of the world’s dry cargo containers and 100% of the world’s refrigerated containers, according to U.K. consultancy Drewry. ....

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Global Reefer Container Markets 2020-2030: Drivers Include Advent of Real-Time Tracking / Rising Demand for Pharmaceutical Drugs / Increase in Trade Routes


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The size of the market in 2019 was 3,169.2 thousand twenty-foot equivalent units (TEU), which is predicted to reach 7,063.3 thousand TEUs by 2030, at an 8.0% CAGR during 2020-2030 (forecast period).
The reefer container market is growing on account of the increasing demand for pharmaceutical products, rising number of trade routes, expanding e-commerce industry, and surging penetration of the real-time tracking technology.  Reefer containers are essentially temperature-controlled containers used to ferry perishable cargo over long distances, via ships, trains, and trucks.
On the basis of size, the categories of the reefer container market are 20 feet, 40 feet, and more than 40 feet. Among these, the 40 feet category held the largest share in the market in 2019, and it will also grow the fastest during the forecast period. This is because 40-foot reefer containers are used for carrying hig ....

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