09. 8.09

And the sum of that price tag? Around $5-6 billion dollars, according to projections. But the cost isn't stopping the Chinese government from giving the audacious project the go ahead to break ground next year.
According to Green Inc, "The agreement calls for ground to be broken on the first 30-MW phase of the project by June 1, 2010, followed by 100-MW and 870-MW additions to be completed by the end of 2014. A final 1,000-MW phase is scheduled to go online by Dec. 31, 2019."
It's also notable that a US company was able to land such a big deal in China--a country notoriously protective of its fast-emerging renewable energy market. But the move, of course, benefits both parties: it has the potential to open up a huge market for solar energy in China, and a plant to produce the solar cells will be opened on Chinese soil.
China is surging ahead with renewable energy projects like this, and it's seeking to become the world leader in the field. It has already staked a claim to the mantle of wind energy leader with its gigantic windfarm projects, and now it looks as though it'll soon be home to the most impressive solar array in the world as well. The US is going to have to get moving if it hopes to catch up.
0 comments:
Post a Comment