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China plan to spend RMB200 billion (US$30 billion) on water conservation in 2011 (part 1)

The Chinese government is expected to invest about RMB200 billion (about US$30 billion) on the projects of water conservation in 2011. This is an increase of about 10% on the investment in 2010.

It's reported that the total investment of protection of Chinese water resources in the past five years is about RMB700 billion (about US$105 billion).

As the report of China Daily (in English version) said, the priority of such investment will be given to improve irrigation to ensure grain security and projects to combat drought and floods.
water conservation

Will the dream of new energy (renewable power) in China become true? (part 2)

There exists a significant drawback for the development plan of current wind power. "When the conventional power plant construction is to be planned, the corresponding capacity of distribution newwork of power grid should be considered. But when we plan to build the wind farm, there's no construction of corresponding distribution network of the power. Thus the construction of power grid and wind power does not match correctly.
wind power

This kind of drawbacks exist too when we consider the construction of electricity grid from other green energy (renewable power), such as solar power, hydro

Will the dream of new energy (renewable power) in China become true? (part 1)

This good news stimulate the related stocks in China to hit a new high. Moreover, the bright future of China's new energy (green power) has become the dream of the world.

But will the dream of new energy (renewable power) in China become true? Or is it just the unpractical dream?

Let's take a look at the reality of wind energy in China.
wind power

The problem, which damps the development of wind power is old, say, the out-going of wind power (wind energy).

U.S. complaints to the WTO against Chinese subsidies on wind power industry

The Trade Representative of U.S. estimates that Chinese manufacturer of wind turbines,related equipment and components accepted  the subsidies of hundreds of millions of dollars from the Chinese government in 2008.

As the Trade Representative of U.S., Ron Kirk stated in a statement that such subsidies are "extremely harmful... In fact it has become barriers of exports from U.S. to China."

General Electric Co.(GE) and United Technologies Corporation (UTC), as the large manufacturers of wind turbine in the USA, hope to share in the rapid development in the market of China.

solar photovoltaic (PV) industry will be adjusted in 2011 in China, overcapacity will accelerate the adjustment

On december 18, 2010, in the forum of the market of solar photovoltaic (PV) and equipment manufacturing of China, Shi Dinghuan, who is the director-general of Chinese Renewable Energy Society, said to many solar photovoltaic (PV) companies, that all solar photovoltaic (PV) companies need to adjust the business development strategy at the end of this year according to the market conditions.

In 2011 it's expected we should to consider the adjustment for solar photovoltaic (PV) products. After this year's rapid growth of the industry of solar photovoltaic (PV), overcapacity will exist sometimes next year (2011).
 solar pv industry in China

The market of energy saving & eco-friendly in China will be US$681.82 billion (RMB4.5 trillion) in 2015

eco-friendly

Luo Jianhua, who is the general secretary of China Environment Service Industry Association, estimates that in China in 2015, the investment of construction and operation on sewage, solid waste, desulfurization and denitrification, will be about US$75.76 billion (RMB 500.00 billion) respectively. The scale of waste incineration will reach 150 thousand tons per day. The capacity of new sewage treatment will reach 90 million tons per day. The sludge disposal capacity will reach 47,000 tons per day. The network of the new sewage pipe is expected to reach 200,000 km. The power of new tobacco gas desulfurization and denitrification capacity will be 180 million kilowatts.

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