China to Invest $14.6 Billion in Wind Power by 2010

The country's wind power capacity will rise to 30,000 megawatts from 12,000 megawatts, Shi Lishan, deputy director of renewable energy at the National Energy Administration, said in Rudong city in the eastern province of Jiangsu today. China's wind power capacity was the fourth-largest in the world last year, according to Shi. Investment in alternative energy may exceed 2 trillion yuan by 2020, the National Development and Reform Commission, China's top economic planner, said in 2007. Wind power is "vital" as it is the cheapest form of renewable energy, Shi said. About 80 percent of the country's power is produced from coal.

Comments (0)

This post does not have any comments. Be the first to leave a comment below.

Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

AllEarth Renewables - The Solar Tracker

AllEarth Renewables - The Solar Tracker

Designed and manufactured in the U.S., the AllEarth Solar Tracker is a complete grid-tied, dual-axis solar electric system that produces up to 45% more electricity than fixed systems. The tracker uses GPS and wireless technology to follow the sun throughout the day for optimal energy production. It has an industry-leading 10 year warranty and 120 mph wind rating, superior snow shedding, and automatic high wind protection. Its simple, durable design and complete system pallet simplifies costly procurement and installation time. Contact us about becoming a dealer partner.