Energy Insider: South China Nuclear Power Plant Denies Leak Reports; 25 people killed in gas explosion in Hubei
In today’s Caixin energy news: a gas explosion in central China’s Hubei province kills at least 25 people and other victims are still buried; China’s crackdown on crypto mining extends to southwestern Yunnan province; the largest wind projects in Central Asia to plug in; and a Guangdong nuclear power plant disputes reports of a leak.
Taishan nuclear power plant disputes leak reports
A nuclear power station in Taishan, in the province of Guangdong (southern China), disputed media report a possible leak, claiming that all environmental indicators remain “normal”. CNN reported on Sunday that the U.S. government spent last week evaluating a leak report at the Taishan plant after a warning of an “imminent radiological threat” from Framatome, which partially owns and operates the factory. Taishan Nuclear Power Joint Venture Co. Ltd., the plant operator, said on Saturday that all environmental indicators for the Taishan nuclear power plant and surrounding areas remain at normal levels.
Gas explosion kills at least 25 in central China
At least 25 people have died after a gas pipe exploded in a residential community food market in central China’s Hubei province, leaving dozens of people buried in the rubble, according to Chinese media and local government statements. At least 138 others were injured. The explosion, which occurred around 6.30am Sunday in Shiyan Town, caused the Yanhu community market to collapse, leaving “many” residents and vendors trapped underground, local authorities said. The cause of the explosion remains under investigation.
Ganfeng Lithium to invest in Mali mine
A unit of Jiangxi Ganfeng Lithium Co. Ltd. (002460.SZ) will acquire 50% of a Netherlands-based ad hoc vehicle for $ 130 million, the company said on Monday. The deal will give Ganfeng access to lithium from spodumene ore produced by the Goulamina mining project in Mali. The mine has proven reserves of 8.4 million tonnes of spodumene with an average grade of 1.57%. After the deal, Ganfeng could consider putting up to $ 40 million to help develop the project.
Yunnan tackles unauthorized crypto mining
Yunnan province in southwest China has become the latest province to crack down on virtual currency mining, which consumes large amounts of electricity. The Yunnan Energy Administration issued a notice on Friday ordering an investigation into the misappropriation and unauthorized use of electricity by bitcoin miners by the end of June, local media reported. Illegal mining activities will be shut down, according to a government document posted online. Yunnan, China’s fourth-largest bitcoin mining hub, has joined several other areas restricting crypto mining, including Inner Mongolia, Xinjiang and Qinghai.
CBD to set up special loan of $ 78 billion for two carbon targets
Police lender Development Bank of China (CDB) plans to set up a special loan quota of 500 billion yuan ($ 78 billion) to support China’s peak carbon and neutrality goals during the 14th Five-Year Plan. The first 100 billion yuan of loans will be issued in 2021. The funds will mainly support large projects for the development of water, wind and solar energy, transmission of electricity between regions and hydrogen energy, among others.
Start of operation of the largest wind power project in Central Asia
The 100-megawatt Zhanatas wind power plant in Kazakhstan will be completed and start operating by the end of June, the state-run Xinhua news agency reported. The project, which is the largest wind power plant in Central Asia, was jointly supported by China Power International Holding Ltd. and Visor Kazakhstan. The plant can produce 350 million kilowatt-hours of electricity per year, enough to power 1 million Kazakh homes.
Guizhou deploys world’s first all-electric bulldozer
The world’s first all-electric bulldozer, the “SD17E-X”, was officially delivered and put into service in Zunyi, Guizhou province. The equipment is the first zero emission bulldozer. The 240 kilowatt hour bulldozer can run continuously for five to six hours with a full charge. Compared with traditional fuel-powered equipment, the bulldozer can reduce operating costs by more than 60%.
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