The World Wildlife Fund (WWF) and the Chinese Renewable Energy Industries Association (CREIA) jointly announced that China’s total installed wind power generation capacity would beat 10,000MW by the end of 2008, two years ahead of schedule.
China is expected to sharply lift this figure to 30,000MW and 80,000MW in 2011 and 2020, respectively.
Up to CNY 34 billion or EUR 3.4 billion was invested into the Chinese wind power sector last year, and this industry entered into the super-fast growing development stage, by virtue of a series of favorable policies and a large amount of money, according to the WWF and CREIA.
In the entire 2007, the nation’s new increment of installed wind power generation capacity reached 3,400MW, exceeding the accumulative capacity for the ten years before. China had aggregately had installed wind power generation capacity of 6,040MW as of last yearend, growing to the world’s fifth biggest wind power generation country.