Alternative Energy is here to stay: China is planning to set up seven wind power bases

EU-Digest

Alternative Energy is here to stay: China is planning to set up seven wind power bases

The vice-president of the Chinese Wind Energy Association announced recently that China is planning to set up seven wind power bases - with a minimum capacity of 10 GW each - by 2020. That means each wind power base will generate more than double the power that's expected to be generated at T. Boone Pickens' wind farm in Texas. Certainly for those who invest in turbine manufacturers, this kind of continued support for wind energy in China could prove to be quite lucrative. But this opportunity is not limited to only China. Whether you believe it's the right thing or not, governments around the world are facilitating the wind energy industry's early growth, not only by offering direct support for research, testing and development. . .but also by building electric infrastructures to enable the transmission of new wind power generation. The fossil fuel economy is being phased out.