TAKE a trip around emerging Asia these days and you won’t just see skyscrapers and coal-fired power plants growing out of places where there were once nothing but fields. Wind turbines, solar energy plants, incinerator manufacturers, water treatment plants and microirrigation developments are just as likely to spring up before your eyes.
There is now recognition in the region that sustainable growth requires tackling the environmental issues such as water scarcity and climate change that have
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In just over a decade China is expected to become the world's largest producer and consumer of alternative energy, according to experts.
China's installed wind capacity has doubled in each of the past four years.
In addition, in just a little over four years, a mix of government and foreign investment has transformed the Chinesport city of Tianjin city into the global manufacturing hub of the world's wind power industry.
The country also has one third of the global solar panel market.
Many
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China is set to rule the global solar panel market having already captured a third of the world market.
The credit crunch has hit solar power companies in the West, but not Chinese firms. They have taken advantage of the moment to flood the world with solar panels, driving down the retail price from $4.20 per watt last year to nearer $2 in what some say is a cut-throat drive for market share.
In addition Suntech Power from Wuxi has just broken the world record for capturing photovoltaic
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China is rushing forward with its wind energy plans with the pace surpassing even the most optimistic projections.
After setting an original goal of 30 gigawatts of installed wind power by 2020, the government recently said that could be raised to 100 gigawatts as installed capacity has doubled each of the last four years.
From almost nothing a few years ago, China had 12.2 gigawatts of installed wind power by the end of 2008 as power companies have rushed to meet government mandates to raise
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