Clean energy investment grows in China
Tuesday, 22 July 2008
BEIJING, July 21 (Xinhua): Wind power plants are attracting increasing investment in China, according to statistics from the United Nations Environment Programme (UNEP).
The newly released UNEP report, Global Trends in Substantial Energy Investment 2008, shows that China's sustainable energy investment increased by 91 per cent in 2007 to a record high 10.8 billion US dollars, most of which has flowed to wind power generating units.
The heavy investment enabled China's wind capacity to double to 6 GW last year.
Meanwhile, new investment in sustainable energy surpassed 148.4 billion U.S. dollars on a global scale, up 60 per cent year on year.
The newly released UNEP report, Global Trends in Substantial Energy Investment 2008, shows that China's sustainable energy investment increased by 91 per cent in 2007 to a record high 10.8 billion US dollars, most of which has flowed to wind power generating units.
The heavy investment enabled China's wind capacity to double to 6 GW last year.
Meanwhile, new investment in sustainable energy surpassed 148.4 billion U.S. dollars on a global scale, up 60 per cent year on year.