风电系列:China Wind Power Executives See Government Stimulus Dri

China Wind Power Executives See Government Stimulus Driving Wind

Author: skibare

24 Nov

They all use the word “tsunami” to describe the severity of the ongoing financial crisis, but none of them are afraid of it. They are the leaders of China’s wind energy industry who firmly believe they will be the first ones to survive the pending economic winter.

At an entrepreneur forum held a week ago during the Global Wind Power 2008 convention in Beijing, China’s top performers and emerging powers in the wind energy sector gathered together to weigh the pros and cons that the financial crisis might cause to their business. They expressed unanimous confidence at the forum saying the financial crisis was likely to be a golden opportunity.

“The wind farm operators that I’m in touch with all believe the government will invest more in the energy and transportation sectors to sustain the national economy. This means the credit crisis is actually a good opportunity for our wind power industry, despite of the more complex procedures to get bank loans,” says Wu Gang, chairman of China’s largest maker of wind-powered generators, Goldwind Science and Technology Co Ltd.

Han Junliang, president of another leading wind turbine producer, Sinovel Wind, believes only the biggest and most credible companies will be first ones to benefit from the country’s recent flexible monetary policy.

“This would help consolidate the entire wind power industry by making the stronger much more stronger and by encouraging the weaker companies to unite,” he says.

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