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Investment on Wind Energy in China      Bookmark and Share

Investment on Wind Energy in China

The development of wind energy in China has been put on the fast road. Many companies have focused on wind energy. Much money has been invested on the project of wind energy (wind power). Is it good news? is it a miracle for green energy (alternative energy)? or just an investment bubble on wind power?

The western areas of China, such as Gansu, Inner Mongolia is rich for the resource of wind energy. Meanwhile, these areas are poor. If these investment on wind energy in these poor areas is just to develop the green energy (renewable energy, alternative energy), not an investment bubble, surely, it will stimulate the development of these areas and will bring many benefits to the people living in those areas, such as solving the employment, making them richer (or exactly not so poor).

But the fact is not so good.

Some analysts and experts of this wind energy industry say, the electricy generated of 70 - 80 per cent of wind farm in China is far below the level they pridicted before. Many electricy providers of wind farm got few profits, even worse.

Many of those projects in the western areas of China lack of the whole plan, the assesment of the impact on the environment. And it's unfortunate that those companies who invested in those projects are just showing us the concept, just cheating us for investment. Those will bring those poor western areas bad effects.

  • quote 1.eli
  • The economy becomes better and better now. But the investment on wind energy in China may be a big bubble.
  • 7/8/2009 11:12:49 PM reply this comment

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