Investment Updates News
- US$5.8b for wind-power generation
Date: 15-Jan-2007 Sources: (Shenzhen Daily)
CHINA, the world's biggest energy consumer after the United States, plans to invest 45.6 billion yuan (US$5.8 billion) to more than triple wind-power generation capacity by 2010, an energy industry official said.
The government raised its target capacity to 8,000 megawatts by 2010 from 5,000, Li Junfeng, secretary-general of the Chinese Renewable Energy Industries Association, said Friday. China added 80 percent in wind-power generation capacity last year to 2,300 megawatts from 1,300 megawatts, the National Development and Reform Commission said Jan. 5.
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