Is China the Next U.S. Renewable Energy Superhero?

windmills

Oh, the irony. All-American oilman T. Boone Pickens scraps his plans for the world's biggest wind farm—a $10 billion project in Texas—and who comes in to pick up the pieces? China. The communist country is honing in on the Texas wind industry with a $1.5-billion, 36,000-acre project in West Texas. It's not quite Pickens-scale, but it is the biggest Chinese investment in U.S. renewable energy to date.

The Chinese bank-funded project will even source all 240 turbines from Chinese manufacturer A-Power Energy. When completed in 2011, the wind farm will produce enough power for 180,000 homes. In the meantime, Texans can look forward to 300 new construction jobs.

China's massive Texas project may be a sign of things to come. The country is already the world's fourth largest producer of wind power (after the U.S., Germany, and Spain), and 15 Chinese companies produce commercial turbines. A-Power, the company behind the Texas turbines, just launched last year.

Chances are, then, that we will see more Chinese investments in U.S. wind power. Texas and the Midwest have huge untapped wind resources, and if American companies don't step up, others will. But in the end, it doesn't really matter who is bankrolling our renewable energy. We should be thankful that someone is willing to pay for it.

[Via Dallas News]

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4 Comments

  • Chris Reich

    As long as we politicize everything in the US, other countries will step in to fill the void while we bicker. The Right wingers so oppose Al Gore and the possibility of man induced climate change, they are causing (yes, causing) the US to fall behind in the alternative energy boom.

    The right has even made the flu shot a political issue. Business leaders need to get out of lock step and start thinking for themselves.

    The age of the legacy business is fading and the age of the new innovators is dawning.

    Look at Massey Energy---Clean Coal! Then Google how many fines have been imposed on Massey for labor, safety and environmental violations. Time to phase out stupidity and move into smart, clean industries. Clean coal is a myth.

    The US could be a world leader in solar power but we aren't and we won't ever be---we've already fallen behind because of 'conservative' protection of carbon based fuel industries.

    Shame.

    Chris Reich, TeachU.com

  • Richie AutoTweet

    It’s great to see the Chinese invest in eco friendly businesses. They also get experience in the US business environment. It’s a win – win for everyone.

  • Ariel Schwartz

    @Developerk -- one definition is "an outcome of events contrary to what was, or might have been, expected"