Sharing Economy International Inc (SEII)

[ddabetsmallwinbig]

High Growth Forecasted for the Chinese Wind Power Industry
February 10, 2009 09:05 AM Eastern Time


By the year end of 2007, global accumulative installed capacity had reached 94GW, up by 26.76% compared to 2006. According to GWEC, global new installed capacity in 2007 was mainly distributed in seventy countries/regions, and the top five were USA, Spain, China, India and Germany.

Starting from the year of 2005, along with the constant release of supporting policies such as Renewable Energy Law, wind power has achieved a dramatical growth in China, and 3,155 turbines were newly installed with a capacity totaled at 3.3 GW during the year of 2007, ranking at the third worldwide. In 2008, China had a new installed capacity totaled at 7.19 GW; the accumulative installed capacity reached as many as 13.2 GW.

http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&newsId=20090210005857&newsLang=en