wind and solar power
Coverage of wind and solar power in the Nexus archive.
- China Resources New Energy’s US$3.6 billion IPO smashes records on Shenzhen exchange
China Resources New Energy Holdings, a spin-off of China Resources Power, is set to raise 24.5 billion yuan (US$3.6 billion) through its IPO on the Shenzhen Stock Exchange, breaking records as the largest IPO and first red-chip company on the exchange.
- Trump admin tries again to revive dying coal industry
President Donald Trump announced efforts to revive the US coal industry, claiming coal would reduce energy costs despite evidence that it is one of the most expensive electricity sources in the US. The article highlights coal's decline, noting it now produces 15% of the nation's electricity, with renewables like wind and solar becoming cheaper alternatives. Coal also faces criticism for high greenhouse gas emissions, toxic pollutants, and hazardous byproducts.