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New Energy

New Energy
The latest news, analysis and opinion on New Energy. In-depth analysis, industry insights and expert opinion.
The PetroChina logo is displayed on a smartphone screen. Photo: Shutterstock
PetroChina

PetroChina’s first-half profit jumps 22% despite Iran war oil supply crunch

As LNG and EV adoption bite into traditional fuel sales, higher global crude prices help the state-backed giant deliver strong earnings.

Vietnam

Vietnam’s Ho Chi Minh City plans low-emission zone to clear downtown air

China trade

Fearing deflated China demand, US soybean growers pivot to new buyers, biofuel

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China energy security

In Focus | China’s nuclear machine is leaving the West behind. Is the pace sustainable?

While delays and soaring costs bog down projects in the US, China’s state-directed model is moving at record speed – but geographical limits pose huge challenges.

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Illustration: Henry Wong
China energy security

China’s solar surge nears milestone – even as Beijing hits brakes on sheer scale

Coal capacity is projected to lose its long-held crown this year, despite a pivot from raw solar panel expansion to quality.

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China energy security

China broke oil and gas output records in 2025 – but Beijing is staying cautious

Beijing’s energy regulator has set more modest production targets this year after a record 2025 as mature fields deplete and extraction challenges mount.

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China exports

Why China’s green exports to the US are suddenly surging

The country is likely to be among the biggest winners of the global shift towards electrification and decarbonisation, analyst says.

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An employee works on a battery assembly line at the factory of Leap Energy, a unit of Leapmotor, during an organised media tour in Huzhou, Zhejiang province, China, on April 26. Photo: Reuters
China energy security

How China plans to make heavy industry greener through higher costs

Beijing’s latest road map aims to cut carbon emissions by 200 million tonnes by 2028 – but analysts say implementation may vary across regions.

China stock market

Red-chip listing to make Chinese green power producer Shenzhen’s biggest IPO

Wind and solar producer plans multiple projects amid China’s push to deepen its insulation from global oil-shock pressures.

China energy security

Driven by AI demand, China on track to pass US as top nuclear energy producer

Beijing is building new reactors at unrivalled speed – but the US still holds an edge in nuclear fusion research, analyst says.

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Workers are seen at the installation site of a reactor pressure vessel at China National Nuclear Corporation’s Fuqing nuclear power plant in southeast China’s Fujian province on January 28, 2018. Photo: Xinhua
Yuan

Is China’s global economic influence bigger than it looks? New study says yes

Standard metrics understate China’s physical investment gap with the US and its wider economic influence, researchers say.

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A clerk counts Chinese currency notes at a bank branch in Huaibei in central China’s Anhui province. Photo: AP
Environment

Video | Are we on the verge of another nuclear age?

Industry leaders predict China will become the world’s largest nuclear power producer by 2030.

China energy security

AI is testing global energy grids. China wants it to help fix the problem

Top energy firms and tech companies are being drawn into state-backed pilots to align surging computing demand with more efficient energy usage.

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Business of climate change

China Resources Power’s renewable energy arm cleared for Shenzhen IPO

Listing approval for Hong Kong-listed CRP’s unit highlights strong demand for clean energy, driven by China’s long-term decarbonisation targets.

Proceeds will be used to fund the construction of wind and solar projects, according to the company’s prospectus. Photo: Shutterstock
China energy security

Explaining China’s new carbon emissions reduction plan

SCMP Plus annotates the 18-point plan issued by the Central Committee and State Council for carbon emissions reductions across strategic sectors.

Explaining China’s new carbon emissions reduction plan
China energy security

China targets greener AI data centres, heavy industry to meet 2030 climate goals

New emission rules for strategic sectors come as the Iran war reinforces the need for energy security.

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China energy security

China confronts Middle East supply shock, as State Council mulls energy strategy

Premier Li Qiang urges ‘bottom-line mentality’ to secure power as Beijing sees coal and Russian gas among options to offset reliance on imported crude.

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Science

Chinese trucks could go 100% electric, halving road transport oil use: industry

China’s industrial supply chains and engineering expertise provide a distinct competitive advantage, CiDi CEO Albert Hu says.

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Diesel heavy trucks are responsible for about 50 per cent of all diesel and petroleum consumed in China’s road transport sector, according to Sany Truck chairman Liang Linhe. Photo: AFP
China energy security

Why China’s green energy strategy may shield it from the Iran war oil shock

As war in the Persian Gulf triggers volatility in global oil markets, Beijing sees its energy system as a stabilising force.

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US, Israel war on Iran

Global renewable-energy pivot amps up as Hormuz uncertainty shatters security

IEA warns that current oil and gas shocks surpass past levels, forcing import-dependent nations to prioritise solar and wind for domestic energy sovereignty.

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Electric & new energy vehicles

New Energy | Green hydrogen drive may help China reach carbon-neutral goal

Renewable power and government support may slash the costs of green hydrogen production and convince potential users to adopt the fuel.

Green hydrogen drive may help China reach carbon-neutral goal
China energy security

Premier Li Qiang pushes AI-powered, next-gen energy system amid global shocks

Beijing is moving to modernise the power grid, putting innovation and flexibility at the heart of its strategy.

Premier Li Qiang learns about the development of a new energy power base in southwest China’s Sichuan province, on Tuesday. Photo: Xinhua
China energy security

How China’s 5-year energy plan could change the way it powers its economy

Beijing will prioritise energy security through large-scale projects and greater regional self-reliance, as risks mount at home and overseas.

Artificial intelligence

AI | In sea and in space, China’s sustainable AI data centres

While Google and Elon Musk talk about putting data centres in space to cut costs and save on energy and water, China is doing it – and more besides.

In sea and in space, China makes AI data centres more sustainable
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