Han Wind Energy plans projects in North China
Updated: 2008-01-09 16:38
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Gerald Page, Han Wind Energy Corporation's CEO. His company plans to construct a 50 MW wind power project in North China's Inner Mongolia Autonomous Region this year.[China Daily] |
Han Wind Energy Corporation plans to construct a 50 MW wind power project in North China's Inner Mongolia Autonomous Region in 2008, said the company's CEO Gerald Page at the China-US Clean-Energy Forum opened in Beijing today.
The project will involve a total investment of $78 million, Page said.
The company is also awaiting for approval for a follow-on 250 MW project, which needs an investment of $425 million, in Inner Mongolia
Page said Han Wind is talking with two State-owned utility companies and one local Chinese firm in the autonomous region to jointly carry out the project.
Han Wind was funded by DGM Bank & Trust Inc, an offshore bank located in Barbados, West Indies, and Azure International, a specialized advisory and investment firm focused on sustainable energy technologies.
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