China Is Accelerating Hydroelectric and Wind Power Projects - 8/2/06

China is accelerating its construction of renewable energy projects across the country, with hydroelectric power and wind-power capacity to reach 180 million kilowatts and 5 million kilowatts by 2010.

By 2020, the country's installed capacity of hydropower and wind power will total 300 million kilowatts and 30 million kilowatts respectively, said Xu Dingming, deputy office director of the State Council Energy Leading Group.

The construction of renewable energy projects by 2020 in China will demand investment of 800 billion yuan (about 100 billion U.S. dollars).

Source: http://www.chinadaily.com.cn/bizchina/2006-07/31/content_653722.htm

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