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0	Renewable Energy Investments Surge on China, Wind (Update1)

Submitted on April 19th, 2010 by CTNews
Posted in Energy, Renewables
Original news source: Bloomberg

April 12 (Bloomberg) — Global investments in renewable energy surged 31 percent in the first quarter from the same period last year, driven by wind power and demand in China, Bloomberg New Energy Finance said.

Read the full article at Bloomberg

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Tags: 'Wind China Energy investments Renewable Surge Update1

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This entry was posted on Monday, April 19th, 2010 at 12:49 pm and is filed under Renewables. You can follow any responses to this entry through the RSS 2.0 feed or via email. Both comments and pings are currently closed.

One Comment to “Renewable Energy Investments Surge on China, Wind (Update1)”

• Abhishek says:

  May 10, 2010 at 10:33 am

  China’s growth over the last 2-3 years has been awesome with more than 100% CAGR . It has helped in growing wind turbine manufacturers through domestic content requirements.Now that these companies have sufficient technology and are able to leverage their low cost advantages , China has removed the restrictions in Jan 2010 to attack other markets. Vestas the leading European turbine manufacturer like the solar makers has fallen into the red. The only way for these companies to survive is to move their manufacturing to Asia . Ultimately the technology will also follow ( Applied Materials has also move its R&D to Shanghai).