China Commits USD$2.5 to Renewable Energy

[China Daily] China Energy Conservation Investment Corporation (CECIC), one of the country’s flagship State-owned enterprises for alternative energy development, plans to invest at least 20 billion yuan (US$2.47 billion) over the next five years to build new projects across the nation. These projects will generate electricity using alternative energy sources like wind, biomass and garbage treatment, said a senior official from the company….The company’s ambitious target will benefit from China’s first law to boost the use of renewable energy options like wind, solar and biomass. For the full story by Wang Ying at China Daily use the following link.

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