Caixin OnlineBusiness & IndustryTop Stories Industry Wasted Electricity 'Cost Wind Power Firms 5 Bln Yuan Last Year'
09.20.2012 17:08

Wasted Electricity 'Cost Wind Power Firms 5 Bln Yuan Last Year'

Companies were connected to grids but restrictions kept them from generating as much as they could have, report says
By staff reporter Yang Qiubo
a

(Beijing) – China's wind power firms lost more than 5 billion yuan last year because restrictions from state-owned companies limited the amount of electricity they could produce, a September 18 report said.

The figure represented half of the sector's profit, a report by the NGO Greenpeace, the government-affiliated China Association of Resource Comprehensive Utilization (CARCU) and the Global Wind Energy Council said.

We hope you have enjoyed your free articles for the month
REGISTER to get 5 more free articles, or SUBSCRIBE to get full access to Caixin
Already a subscriber? Log in now
COMMENTS (0)
Sign up to receive our free daily newsletter

LATEST VIDEOS

Latest Issue
On the Cover:

' Lead in Cooperation '

World's two biggest powers must remember their common interests outweigh any differences, former U.S. Secretary of State Henry Kissinger tells Caixin in an exclusive interview


Issue 88
April, 2015

POPULAR GALLERIES

SUBSCRIPTIONS

Caixin-China
Economics & Finance
Latest Issue:
' Lead in Cooperation '
World's two biggest powers must remember their common interests outweigh any differences, former U.S. Secretary of State Henry Kissinger tells Caixin in an exclusive interview
Issue 88
04.01.2015

Subscribe       |       Newsletter        |        FAQ