Tuesday, May 10, 2011

China Renewable Energy Industry

China Renewable Energy Industry Report: May 9


May 9, 2011 - Renewable energy
•Chinese Huadian Power International Corp will reportedly develop over 1 gigawatt of wind power installations in Shandong Province, with its plans also including an offshore wind power project.

Shanghai Securities News reported last month that the company would seek the green light to build an offshore wind farm in the province, one of China’s regions that offer the best wind resource. Huadian has already built 450 megawatts of wind power systems in Shandong.

China added 18.9 gigawatts of fresh wind power capacity in 2010, accounting for almost half of the 38.3 gigawatts that were installed globally.

“China has become the single largest driver for global wind power development. In 2010, every second wind turbine that was added anywhere in the world was installed in China,” Steve Sawyer, the Global Wind Energy Council’s (GWEC) secretary general, said earlier in April. The wind market in the Asian country doubled each year between 2005 and 2009, while in 2010 the total installed capacity arrived at 44.7 gigawatts. {continued}

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