China Is Leaping Ahead in Energy Technology

clipped from www.worldofrenewables.com China positions itself to be a leader in green technology – with major implications for the rest of the world Behind the notorious clouds of filth and greenhouse gases that China’s industrial behemoth spews into the atmosphere every day, a little-noticed revolution is under way. China is going green. And as the authorities here spur manufacturers of all kinds of alternative energy equipment to make more for less, “China price” and “China speed” are poised to snatch the lion’s share of the next multitrillion-dollar global industry – energy technology. Chinese factories already make a third of the world’s solar cells – six times more than America. Next year, China will become the largest market in the world for wind turbines – overtaking America. This fall, a Chinese firm will launch the world’s first mass-produced all-electric car of this century. And where are American utilities buying the latest generation of “clean coal” power stations? China.