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Wind-farm tenders show market faults
Only state-owned companies took part in a tender this month to build wind farms, highlighting shortfalls in the country's investment plan to promote clean energy sources.
August 30, 2006
by Nao Nakanishi and Niu Shuping
in The Standard
Only state-owned companies took part in a tender this month to build wind farms, highlighting shortfalls in the country's investment plan to promote clean energy sources.
Industry officials said no independent private companies or foreign firms were among 26 firms that had placed bids for the tender, known as the fourth concession project involving three large wind farms with total capacity of 700 megawatts.
"Right now, the Chinese wind energy market is not normal," said China Wind Energy Association vice president Shi Pengfei.
"It's not a game for private or foreign companies. It's only for state- owned enterprises, which do... [continue via Web link]
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