Zhengrong Shi, chairman of China's solar energy giant Suntech Power and Tulsi Tanti of India's wind company Suzlon Energy have both netted billions in recent years by harvesting nature's own power sources.
In China, wind energy has surpassed nuclear power to become the third largest energy source in the country.
However, China relies heavily on imported power and energy sources, something that makes it susceptible to market and price movements, as well as supply issues.
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Duke Energy recently announced a memorandum of understanding with the China Huaneng Group, China's largest power generator, and the ENN Group, one of the nation's largest private energy companies.
Like China, the prodigious expansion of power production from renewable-energy resources like wind, solar energy and geothermal has outpaced the ability of the transmission systems to move these new power supplies to centers of demand.
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Coal is the dominant energy source for generating electricity in China, with Coal-fired power plants account for nearly three quarters of electricity produced in China, and the most intense demand is along the coast in Eastern Chinese provinces.
China and Russia have cooperated closely in areas such as energy, aviation, nuclear power and high-tech industries.
By 2015, geothermal energy shall supply power of 20 million tons of TCE annually as China tries desperately if not haphazardly to kick its coal habit.
According to the congressional report, China plans to more than double its renewable energy resource by 2020, is rapidly expanding nuclear power, which despite fears in the wake of the Japanese situation, is the cleanest method of producing power.
China has targeted procurement policies for clean energy, and a variable feed-in tariff for wind power.
But decentralisation, deregulation and a huge infrastructure boom have boosted demand for power, and China's economy is now becoming more, not less, energy-intensive.
Direct competitors to Suntech Power, according to Revere Data, include Baoding, China-based Yingli Green Energy Holding and JA Solar Holdings, based in Ningjin, China.
Nevertheless, he thinks it can capitalize on a shift in the global energy business toward liquefied natural gas, especially as China seeks alternatives to dirty coal-fired power plants and Japan trims its nuclear fleet.
We are also encouraged by recent announcements in Asia, most notably in China and Japan, that governments are strengthening their commitment to solar energy and raising the target for solar power contribution to the national grid capacity.
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