Wow, i really like this paragraph from your link...
Low cost, yet great profit margins that rival the U.S.
The rationale behind hydro power in China is simple: the country will have to clean up the environmental damage the fast industrialization left behind and this is where green power has an increasingly important role. Another factor is cost: it is hard to find a country in the world where labor and cement, the two most expensive factors in dam building, is cheaper than in China. According to Mr. Kuhns, it costs about $4 million a kilowatt of hydro power to build in places like Brazil or Turkey. This figure increases to about $5-$6 million in the U.S. and $8-$9 million in the E.U. This is in sharp contrast to China, where it is only about ~$1.4 million!
The upside is that the average generation tariff at the buss-bar, e.g. the money that power producers get for the power, is $.06 - $.07 per kWh, comparable to the U.S.
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