The Public Investment Corp. plans to lead investment in energy projects in Africa by buying into South African shale gas projects and helping to fund what could be the world’s biggest power generation complex in Democratic Republic of Congo.
Suez Environnement, Europe’s second-biggest water company, and Chinese partners agreed to build an incinerator near Shanghai to treat hazardous and medical waste that will generate steam and supply energy.
Energy production will increasingly strain water resources in the coming decades even as more than 1 billion of the planet’s 7 billion people already lack access to both, according to a United Nations report.
NanoH2O Inc., a manufacturer of reverse-osmosis membranes that purify seawater to drinking quality while lowering the cost of desalination, is being purchased by Seoul-based LG Chem Ltd. for $200 million.
President Xi Jinping’s campaign against corruption is growing into one of the broadest in China’s modern history, snaring dozens of businessmen and government officials and positioning Xi as the country’s most powerful leader in decades.
The fish habitat in the upper reaches of the Yangtze River is near collapse from overfishing and the construction of hydropower dams, and China should ban fishing on the river for 10 years, according to a new study.
China’s Yangtze River, site of the world’s largest hydropower dam, received 40 percent less water supply at its upstream section this month compared with historical levels in the past three years, China Three Gorges Corp. said in a statement on its website.