China Guangdong Nuclear Plans $1.2 Billion Wind Farm

2010-05-06 18:44:00

China Guangdong Nuclear Power Group. plans to build an 8 billion-yuan ($1.2 billion) wind farm in the southwestern province of Yunnan as demand for renewable energy rises in the world’s fastest-growing major economy. An agreement with the local government was signed on April 30 to install 800 megawatts of wind turbines in Yuxi city, China Guangdong Nuclear said in a statement on its website dated yesterday, without giving a project schedule. China, the world’s biggest polluter, wants to expedite development of alternative energy including wind, solar and nuclear power to rely less on fossil fuels. China Guangdong Nuclear, the nation’s second-largest builder of atomic reactors, is diversifying into renewable energy to tap growing demand. Wind power has “tremendous” market potential, and it’s in line with Yunnan’s move into clean-energy projects, Miao Zhimin, deputy director of the provincial industry and information technology commission, said in the statement.

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