Australia’s enviable prosperity is the product of reliable and affordable energy. The path out of poverty starts and ends with cheap and readily available electricity. A bit over a generation ago China determined to leave behind its agrarian misery and to modernise, with a view to becoming an industrial superpower. It’s achieved that status, thanks … Continue reading Renewables Rejected: Modern Coal-Fired Plants Powering Asian Prosperity
Tag: renewables in China
China’s Wind Power ‘Dream’ Wilts as Subsidies Wound Back
*** In recent times – with the wind industry taking a belting around the planet – its spruikers have taken to clinging to any vestige of hope, with the anxious zeal of shipwreck survivors happening upon a little fortuitous flotsam. One such “hope”, is their belief that China provides the perfect example of what wind … Continue reading China’s Wind Power ‘Dream’ Wilts as Subsidies Wound Back
Crime Doesn’t Pay – Crooked Chinese Wind Turbine Maker, Sinovel Hits the Wall
**** China is held up by eco-fascists as a paragon of "green" energy virtue. They point to the fact that China is home to some of the largest giant fan makers in the world – and that it pumps out millions of rooftop solar panels - which are both exported around the globe. But they … Continue reading Crime Doesn’t Pay – Crooked Chinese Wind Turbine Maker, Sinovel Hits the Wall
Chinese fan makers hit Great Wall of debt
For any company to claim it is solvent it must be able to pay its debts as and when they fall due. And, to remain solvent, a company’s revenue must exceed its expenses - over the long haul. In China, fan makers (as well as those involved in making acres of solar panels) are saddled … Continue reading Chinese fan makers hit Great Wall of debt
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