Newswire

Hong Kong’s main source of water supply, Dongjian, was found to contain heavy metal concentration 60 percent higher than China’s water standard, Hong Kong newspaper Oriental Daily reported.

India’s biggest lender, The State Bank of India has announced a plan to work with Jain Irrigation Systems, Asia’s largest irrigation-equipment maker, to help farmers reduce water usage and increase productivity.

Japan has begun what will likely be the first permanent shutdown of one of its reactors since the Fukushima disaster on the grounds that it is built atop an active earthquake fault.

A source from China's top economic planning body said the authority has finished collecting opinions about the feed-in tariff ratings of China's solar industry, which indicates the finalized scheme may be issued soon, according to the China Securities Journal.

The chairman and acting president of Sinovel Wind Energy Group, Wei Chiyuan, has resigned as of one of the country's largest makers of wind turbines struggles amid an industry downturn, according to a report in news portal, Caixin Online.

The International Finance Corporation (IFC), together with an unnamed international partner, will inject at least USD10 million into Chinese LED technology specialist Qingdao Jason Electric, a developer of deep ultraviolet LED technology for used in air and water purification and medical equipment sterilization.

With a series of new technical standards designed to enhance smart meter quality management and control set to come into force in August, China’s smart meter market to expand by 9 percent and break the 100 million-unit shipment threshold for the first time ever this year, according to market research company IHS iSuppli.

Shanghai is promoting the sale of recycled water among corporations as a way to save the resource. In one trial project, Shanghai Shenmei Beverage & Food Co Ltd, the local producer of Coca-Cola, will pump its reclaimed water from its factory in the Pudong New Area to Sharp China, which is in the same industrial park. According to the Shanghai Water Authority, Shenmei's reclaimed water was produced after purifying the water used to wash beverage bottles. It will be used to flush toilets or as cooling water for Sharp's air-conditioners.

Renewable energy companies from China and Hong Kong are facing debts of USD3.5 billion this year and the equivalent of USD5.3 billion of notes due next year, according to a report in the Sydney Morning Herald, citing Bloomberg data.