February 01, 2007

Utilities eye bang for the buck in wind power
Last Updated(Beijing Time):2006-10-08 11:46
"Harness the wind to the maximum to get the biggest bang when the circumstances are favourable," a Chinese proverb says.
Last year, the wind power industry witnessed an investment frenzy. An estimated five billion yuan worth of new turbines began churning out electricity.
The big five state-owned power groups - Huaneng, Datang, Huadian, China Power Investment and Guodian - have all invested in wind, as have Guangdong Nuclear Power and hydro-power giant Yangtze Three Gorges Project Development.