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Staying the course
By Yu Tianyu (China Daily)
Updated: 2008-04-21 14:08 "Our cooperation will help both sides expand business overseas and largely improve our competitive strength," says Kunde. China's goal is to source 10 percent of its total energy from renewable sources by 2010. It will focus on developing hydropower, biomass energy, wind power and solar power in the future, according to a national medium and long-term plan for renewable energy. And the environmental goals also have "priority development" status in a newly revised government catalogue for foreign investment in China. The new AES wind-power plant in Huanghua in Hebei province, will be built in cooperation with Guohua Energy Investment Co Ltd, one of China's leading producers of renewable energy. The 49.5 mW wind farm with the potential to generate up to 225 mW is expected to start operation in 2009. With it, AES will become the first US-based power company with wind generation facilities in China. In the photo-electricity sector, AES is planning to purchase Chinese-made photoelectric equipment and solar batteries as well as introducing its advanced photoelectric technologies to China, Kunde adds. Some environmentally friendly technologies have also been adopted for ASE's traditional power plants, Its Aixi coal-fired plant in Chonqing municipality utilizes circulating fluidized bed technology for a cleaner way to burn coal. The 2,100 mW Yangcheng power plant in Shanxi province is China's first "coal by wire" power plant, cooperating with China Datang Corp, Shanxi International Electricity Group Co, Ltd and the Jiangsu Guoxin Investment Group Ltd. Most clean energy operations in China are run by private companies and "business development in the area is fledgling and chaotic", says Yao Wenping, vice-president of the China Chamber of Commerce for the Import and Export of Machinery and Electronic Products. A detailed national plan to bolster foreign cooperation with firms owning advanced technologies is needed, Yao adds, saying it might also serve as a signal to encourage more foreign energy players. (For more biz stories, please visit Industries)
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