Chinese funding fuels China’s global push in wind and solar energy

22 December 2009  5 Comments

china wind energyWhen A-Power Energy Generation Systems secured a deal to supply turbines for a U.S. wind farm project in October, the little-known Chinese firm had an ace up its sleeve to help it clinch the deal. A-Power was armed with $1.5 billion in financing from state-run Chinese banks to fund the 600 megawatt project in Texas. While global peers have limited access to cheap state loans, Chinese renewable energy firms are getting a boost from Beijing as they win clean technology projects around the world. Much of that is via low-interest loans from big state banks for their clients to finance their purchases.

[Read more via Reuters]

  • Digg
  • Facebook
  • LinkedIn
  • RSS
  • del.icio.us
  • Reddit
  • Posterous
  • Tumblr
  • Twitter
Tags: clean tech, energy, chinese companies, chinese banks, Solar, green building, a-power energy, Green, eco

Like this? Check out these related articles:

5 Responses to “Chinese funding fuels China’s global push in wind and solar energy”

  1. juanmolina 22 December 2009 at 2:42 pm Permalink

    buildaroo.com: Chinese funding fuels china's global push in wind and solar energy http://bit.ly/4KTVhI #renewableen… http://bit.ly/8M6vU4

  2. China Wind Power 22 December 2009 at 3:30 pm Permalink

    Chinese funding fuels China's global push in wind and solar energy; http://bit.ly/4KTVhI


Trackbacks/Pingbacks
  1. Tweets that mention Chinese funding fuels China’s global push in wind and solar energy - buildaroo.com -- Topsy.com
  2. ARPA-E Notes: China Embraces Green Technology Faster than U.S.&nbsp- buildaroo.com
  3. Is China beating the U.S. in Green Technology Development?&nbsp- buildaroo.com

Leave a Reply

Home   News   Companies   Products   Videos   Contact   Sitemap   About   

buildaroo OS rev.261

dingy-eatable