Oil Price — With the ongoing financial turmoil in western markets nervous investors are looking more and more to overseas opportunities in order to protect their capital and few markets are more alluring than China.
Oil Price — With the ongoing financial turmoil in western markets nervous investors are looking more and more to overseas opportunities in order to protect their capital and few markets are more alluring than China.
Offshorewind.biz – The increasing length of offshore wind turbine blades has prompted the use of advanced composite materials, with positive operational experiences so far, but with a limited range of supporting analysis and testing methods that can be directly applied to large scale wind turbines.
Offshorewind.biz – In the latest example of cities getting behind wind power and other renewable energies, Shanghai has announced it might spend as much as €2 billion in the next four years to increase its capacity of green energy, with more than half earmarked for onshore and offshore wind farms.
Shanghai, the largest metropolis in China with 23 million residents, said in a statement that the money would play a key role in achieving a civic target of 1% of energy use coming from locally-developed non-fossil fuels.
Offshorewind.biz – Guodian United Power, a leading Chinese wind turbine manufacturer, recently unveiled a 6-megawatt (MW) offshore wind turbine prototype in the city of Lianyungang in east China’s Jiangsu province.
(AsiaEnergyJournal.com) —South Korea will invest 10.2 trillion won, or $9 billion, to develop a 2.5-GW offshore wind farm by 2019, Bloomberg News reported November 11, 2011.