Home / Business / News Tools: Save | Print | E-mail | Most Read | Comment
China posts 95% growth in wind power generation
Adjust font size:

China made remarkable progress in wind power development in 2007 and the industry will expect further regulatory boost in the coming years.

China Electricity Council, an industry association, said the wind power sector generated electricity of 5.6 billion kilowatt hours last year, a growth of 95.2 percent over the previous year. The growth rate was 22 percentage points higher than the year before.

According to Zhang Guobao, deputy head of the National Development and Reform Commission, the top economic planning agency has taken a string of measures to support the exploration of wind power. Included were conducting survey of wind resources, organizing biddings for franchise of large wind power projects, and promoting localization of domestically produced wind power equipment.

All these policies have paid off, Zhuang said.

In future years, the government may deregulate the approval of wind power projects, he added

China had wind power facilities with a combined installed capacity of 6.05 million kw at the end of 2007, increasing from 2.67 million kw a year earlier. It has achieved the goal set for the 2010 three years ahead of schedule.

Wind power projects that are being built involve a combined installed capacity of 4.2 million kw, Zhang said.

Now China ranks the fifth in the world in terms of wind power installed capacity, still far behind Germany, which is the top wind power producer with a total installed capacity of 20.62 million kw.

China plans to increase its wind power equipment to a combined installed capacity of 10 million kw by 2015, and to 30 million kw by 2020.

In a related development, China had electricity generating equipment with a total installed capacity of 713 million kw at the end of 2007, and the year saw the country generate 3.26 trillion kwh of electricity.

(Xinhua News Agency February 8, 2008)

Tools: Save | Print | E-mail | Most Read
Pet Name
China Archives
Related >>
- AES Expands Wind Generation Business into China
- 6 major bases for wind-power generation to be built
Most Viewed >>
- More oil futures products needed

Nov. 1-2 Tianjin World Shipping (China) Summit
Nov. 7-9 Guangzhou Recycling Metals International Forum
Nov. 27-28 Beijing China-EU Summit
Dec. 12-13 Beijing China-US Strategic Economic Dialogue

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?