China doubled its wind-power capacity that year, then doubled it again the next year, and the year after.
In China, wind energy has surpassed nuclear power to become the third largest energy source in the country.
China has more wind power capacity than another nation on earth.
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On the plus side, the fund is invested in the Chinese market via shares in the China Longyuan Power Group and the China Ming Yang Wind Power Group (MY).
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China's wind generation has increased by more than 100 percent per year since 2005 and 20 per cent of the power supply to the venues of the Beijing 2008 Olympic Games will come from wind generators, according to the official state agency, Xinhua.
In 2007, nearly one-third of all the wind turbines in China were deliberately idled because a saturated power grid lacked spare capacity to carry any electricity the remote wind farms would have produced to consumer markets.
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Obama denied permits for a privately held China firm to build a wind farm in green-as-can-be Oregon.
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But American Superconductor (AMSC)has been brought to its knees in recent weeks by its Chinese partner, Sinovel, one of the largest manufacturers of wind turbines in China.
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Last year, China installed a staggering 18GW of wind power, with a goal of achieving 200GW installed by 2020.
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This is tape from Steven Chu, the American energy secretary, who visited China earlier this year and came away, he said, very impressed with China's efforts to capture wind and solar energy, cleaner forms of energy.
To do that it's been expanding into other countries on the renewables ticket, establishing wind farms in Germany, France and the U.S. So far this year, Iberdrola has acquired Community Energy in the United States, two wind farms in Britain, and it has signed a tentative agreement to build a 1, 000 megawatt wind farm in northern China.
Secondly, although China is on a tear building out wind farms, let's be realistic.
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Ralls Corp, which had been installing wind turbine generators made in China by Sany Heavy Industry Co.
Revenue growth has been driven in recent quarters by ultracapacitor sales for hybrid buses and wind turbines, mostly in China.
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The seller of a credit could be, say, a utility in China that has switched from coal to wind power.
After Ralls completed the purchase, it prepared to install wind turbine generators made in China by a company called Sany Electric.
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How do we -- when we read these articles in the paper that China is just exploding in terms of wind turbine manufacturing and solar panel manufacturing -- how do we rebuild our manufacturing sector with a manufacturing policy, combined with an energy policy that gets us there?
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Sinovel's contract implies it will turn out 10 gigawatts of windmill capacity--twice what is expected for all of China over the next few years, the Global Wind Energy Council says.
The Chinese government is spending vast sums of money to subsidize deployment of solar panels and wind turbines, and as a result China appears to be winning the race to dominate this growing sector.
China is now the leading producer of solar cells and wind turbines in the world.
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China is also beginning to develop its expertise in offshore wind.
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China already dominates global market share for electric batters, wind turbines, and solar panels, and is rapidly boosting its capacity to innovate and produce next-generation clean energy technologies.
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China is of course planning to employ other sources, like wind power, hydropower and nuclear, but the sooty black rock is expected to represent as much power generation as all those others combined.
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China is still seen as one of the major global markets for wind energy, both as an end-user and as a producer.
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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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The government obliges distributors to buy all wind power at preferential tariffs, taking much of the risk out of China Longyuan's business.
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.
China has targeted procurement policies for clean energy, and a variable feed-in tariff for wind power.
China is now the largest exporter of solar panels and is fast expanding its capacity to produce wind turbines and advanced batteries for electric cars.
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