China's energy consumption per 10,000 yuan (about $1464.1) of gross domestic product (GDP) dropped 2.2 percent in 2009, China's National Bureau of Statistics (NBS) said here Thursday.
The modest and quietly spoken chairman and CEO of LDK Solar, one of China's leading solar energy companies, insists sun power will eclipse coal, gas and oil in the 22nd century.
Powered by technologies from the United States and manufacturing capacity in China, a solar thermal plant with an installed capacity of 2,000 megawatts (MW) will be up and running soon in northern China.
Increasing environmental concerns and rising crude oil prices are forcing countries including the United States and China to look for alternative energy resources.
There were only six wind turbine makers in 2004 across the country. That number increased by more than 10 times to more than 70 last year. Similarly, installed wind power capacity surged to over 20,000 MW in 2009, making China the third largest wind power market in the world.
China plans to build a national renewable energy center to further support development of the industry, an energy official said yesterday.
China has issued regulations on the development and construction of offshore wind power projects in a bid to promote reasonable use of sea space and resources and better protect oceanic environment.
China Huaneng Group Corp, the country's largest power producer, plans to take its wind power unit public in a Hong Kong share sale this year worth at least $1 billion, said four people familiar with the plan.
China's largest bank, Industrial and Commercial Bank of China (ICBC), said Monday it would tailor its lending to promote more environmentally friendly economic growth.
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