Sunday, September 9, 2012

China pushes wind power, but no quick payoff for producers

Reuters: China will order its dominant electricity distributors to source up to 15 percent of their power from renewable energy including wind, but slow compliance means it may be years before the country's struggling wind power developers benefit, industry executives say. The quota system will apply to State Grid Corp of China and China Southern Power Grid Co Ltd by the end of this year, the executives say. China boasts the world's largest wind power capacity, but a third of it sits idle as renewable...

URL: http://www.reuters.com/article/2012/09/09/us-china-windpower-idUSBRE8880J720120909?feedType=RSS&feedName=environmentNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2Fenvironment+%28News+%2F+US+%2F+Environment%29
Enclosure: http://s1.reutersmedia.net/resources/r/?m=02&d=20120909&t=2&i=651083588&w=460&fh=&fw=&ll=&pl=&r=CBRE8881OG700

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