Starwood looks to clean up in green energy industry

BEIJING - Robert F. Kennedy Jr, environmental advocate and senior adviser to Starwood Energy Group, said on Monday that the group is exploring investment opportunities in the Chinese utility-scale renewable generation industry in the booming green sector.

"We are seeking investment opportunities in wind farms and utility-scale solar power generation in the Chinese market, as we see increasing demand for renewable energy in China," Kennedy told China Daily in Beijing on his first trip to the country.

"While the regulatory framework and market dynamics are still evolving, the Chinese government has made a huge commitment to a green society, and that will increasingly attract offshore institutional investors."