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China Building Renewable Energy Systems at Break Neck Speed |
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Contributed by Jim Elliott
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Wednesday, 26 August 2009 |
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China powers ahead as it seizes the green energy crown from Europe. In the last few years, China has been gobbling up the market for producing energy through renewables. It has now built 1/3 of the solar cells in the world. It has plans now to build 100 gigawatts of wind turbines by 2020, thereby doubling the world production capacity. This is triple its original plans. The wind turbines are principally being put in the open areas of Mongolian and Xinjiang. While the west was bailing out the banks, China has been plowing money into clean technology projects and a smart grid system. Perhaps the shameful air quality of Beijing and other megacities as seen during the Olympics has pushed them on this building spree. Maybe it has seen the end to cheap oil and is getting ready for the global scramble for diminishing resource supplies.
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Last Updated ( Saturday, 29 August 2009 )
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