国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Companies

GE to bolster its renewables business in China

By Lyu Chang and Wang Yu (China Daily) Updated: 2016-03-30 07:51

GE to bolster its renewables business in China

The logo of US conglomerate General Electric is pictured at the company's site in Belfort, France, April 27, 2014. [Photo/Agencies]

Last year, GE was awarded a contract worth $500 million by China Three Gorges Corp, a long-standing partner of the company, to supply six hydro turbines with installed capacity of 850 megawatts for the Wudongde hydropower project, which will be China's third-largest hydroelectric facility once completed. The hydropower project is located on the Jinsha River, a tributary of the Yangtze at the borders of Yunnan and Sichuan provinces.

After the French acquisition, GE's global wind footprint rose to more than 30,000 turbines and expanded its presence in Europe by 50 percent.

GE is also looking to expand offshore wind-power business in China, an industry still in the developmental stage with a huge potential for growth.

Pecresse said the company is eager to explore markets outside China along with Chinese companies as they are seeking to acquire new projects as part of the Belt and Road Initiative.

The initiative would connect China with Europe, Africa and other areas by means of investment and infrastructure along the traditional Silk Road routes.

"We can provide not only technical expertise but also local supply of hydropower equipment and services for Chinese companies, because we have presence and local connections in many countries of the world," Pecresse said.

Lu Jinyong, a professor at the Beijing-based University of International Business and Economics, said that China leads the rest of the world in renewable energy development and investment, providing a huge opportunity for companies like GE.

"The country is making big bets on renewable energy. So even though the economy is slowing down, huge potential for growth still exists in the sectors of wind, hydro, solar and other renewables," he said.

Hot Topics

Editor's Picks
...
丰县| 兰溪市| 宜君县| 沾益县| 通渭县| 潞西市| 许昌市| 托克托县| 玛沁县| 榆中县| 梧州市| 香河县| 元谋县| 同江市| 平武县| 政和县| 陆良县| 肃宁县| 新密市| 墨江| 屏南县| 金昌市| 伊金霍洛旗| 光山县| 朝阳区| 炎陵县| 楚雄市| 盘山县| 潮州市| 金阳县| 龙岩市| 三门峡市| 独山县| 任丘市| 石台县| 三亚市| 尼木县| 甘谷县| 汾西县| 永城市| 志丹县|