China Holdings Announces Hydropower Renewable Energy Strategy & Plan

Las Vegas, Nevada [] China Holdings, Inc. and its controlled subsidiary, China Power, Inc., will focus on business activities and investments in hydropower plants and companies in China and worldwide, and will reach a total hydropower capacity from 150,000 kilowatts (kW) to 1,000,000 kW annually in next one to four years, through merger and acquisitions (M&A) and joint-venture partnerships with hydropower plants and companies in China or worldwide. The annual hours for every kilowatt-hour (kWh) of electricity produced by a hydropower plant in China rages from about 3000+ hours to 5000+ hours. According to China Energy Research Institute’s 2006 update report, China’s Hydropower implementation and development has reached its power capacity for 115 gigawatts (GW) in 2005. China Hydropower Capacity will reach for a total of 180 GW in 2010 Year, and 300 GW in 2020 Year.
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