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Goldwind Science And Technology Co., Ltd. (2208.HK)
- Reuters
EXPLAINER-China's dominance in wind turbine manufacturing
The European Union will investigate subsidies received by Chinese suppliers of wind turbines destined for Europe, the bloc's anti-trust commissioner, Margrethe Vestager, has said. Tuesday's move is the latest in a growing effort in both Europe and the United States to shield domestic clean energy industries from cheap Chinese imports, which authorities say benefit from anti-competitive state subsidies. Washington would not accept U.S. industry being "decimated" by China's excess industrial capacity in key products such as EVs, batteries and solar panels, U.S. Treasury Secretary Janet Yellen warned during a visit to China this week.
- Reuters
Maersk enters deal for half a million tonnes of green methanol annually
COPENHAGEN (Reuters) -Maersk on Wednesday announced it had entered into the shipping industry's first large-scale agreement for green methanol from China's Goldwind, and said production of green methanol was high on the political agenda in China. Shipping industry leader Maersk is investing in green fuels to power its fleet as it strives to reach net-zero emissions by 2040, while the shipping industry, responsible for 3% of global greenhouse gas emissions, aims for net-zero emissions by 2050.
