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The price cuts are aimed at allowing nuclear power generators to compete better with coal-fired power generators, amid Beijing’s push for greater use of clean energy
Huadian Fuxin Energy, the alternative energy unit of China Huadian Group – one of the nation’s big five power generators – is expected to see profit growth continue this year despite ongoing pressure on power prices, according Fuxin chairman Fang Zheng.
Energy group Huadian Fuxin is scouting overseas projects for growth amid slumping industry profits, and dimming opportunities in China’s capacity-glutted market
Beijing: At least 10 people have been killed while 31 others remain missing in a massive landslide that engulfed the construction site of a hydropower station in China’s southeastern Fujian Province.
Huadian Fuxin Energy, — the renewable energy unit of one of China’s biggest state-owned power generators China Huadian Group — will slow wind-farm installations due to ongoing power-grid bottlenecks.