China Guodian to spin-up wind-power project in Canada

China Guodian to spin-up  wind-power project in Canada

Chinese state-owned power company China Guodian Corp is to begin work on a 100MW wind-power project in the Canadian province of Ontario.  The project is expected to begin operating as soon as 2014. According to  The China Guodian Corp Deputy-General Manager Xie Changjun, when finished, it will be able to supply enough electric power for 30,000 Ontario households.

 In 2011, China Guodian Corp became the first Chinese state-owned power firm to establish itself abroad when it paid CA$ 250 million (US$ 239.5 million) to acquire a wind-power project from Canadian Farm Owned Power (Melancthon) Ltd. 

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

Sinovel shuts down 4 international units

Sinovel shuts down 4 international units

China's largest wind turbine manufacturer, Sinovel Wind Group Co, announced that it will soon close four of its international subsidiaries located in the US, Belgium, Italy, and Canada for a still undisclosed reason. Sinovel made the announcement in a filing with the Shanghai Stock Exchange. The company is set to issue an official statement to the press soon.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.