Plenty of what Westerners know about the Middle Kingdom is more marvellous myth than solid fact. Fitting squarely within that category is the idea peddled by wind worshippers that China is working at a furious pace to carpet itself with millions of these things. In truth, instead of squandering billions on a technology that was … Continue reading Renewables Retreat: China Slaps Ban on New Wind Power Projects
Tag: wind power in China
China Counts the Staggering Cost of its Wind Power Experiment
Plenty of what Westerners know about the Middle Kingdom is more marvellous myth than solid fact. Fitting squarely within that category is the idea pedalled by wind worshippers that China is working at a furious pace to carpet itself with millions of these things. In truth, instead of squandering billions on a technology that was … Continue reading China Counts the Staggering Cost of its Wind Power Experiment
China Won’t Waste Its Time on Wind Power
With the wind industry taking a belting around the planet – its spruikers are left clinging to any vestige of hope, with the anxious zeal of shipwreck survivors happening upon that last piece of flotsam. One such “hope”, is their belief that China provides the perfect example of what wind power outfits can do when … Continue reading China Won’t Waste Its Time on Wind Power
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