China’s Promotion of the Renewable Electric Power Equipment Industry
Hydro, Wind, Solar, Biomass
Summary:
This study examines Chinese government
policies promoting the development of industries producing equipment for generating electric power from renewable energy sources (hydro, wind, biomass, solar) to serve electrical grids. Those policies are transforming China into a major production base for renewable energy equipment at the watershed moment at which total global investments in renewable energy power capacity have surpassed investment in fossil fuel power capacity.
policies promoting the development of industries producing equipment for generating electric power from renewable energy sources (hydro, wind, biomass, solar) to serve electrical grids. Those policies are transforming China into a major production base for renewable energy equipment at the watershed moment at which total global investments in renewable energy power capacity have surpassed investment in fossil fuel power capacity.
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