---
Sent From Bloomberg Mobile MSG
+------------------------------------------------------------------------------+
China's Ningxia Region Approves 60 Wind, Solar Power Projects
2010-12-27 09:57:47.297 GMT
By Bloomberg News
Dec. 27 (Bloomberg) -- China's region of Ningxia approved
60 wind and solar power projects in the first 11 months of 2010,
according to the country's environmental ministry.
The projects include 42 wind farms with a total capacity of
more than 2 gigawatts and 18 solar power plants totaling 356
megawatts, the Ministry of Environmental Protection said today
on its website. The projects have a combined value of about 26
billion yuan ($3.9 billion) and will cut 4 million tons of
carbon emissions annually, according to the ministry.
Power from the wind farms will have a price of 0.58 yuan a
kilowatt-hour, according to data from Bloomberg New Energy
Finance. Ningxia, which doesn't have a fixed price for solar
power, set an interim tariff of 1.15 yuan a kilowatt-hour in
April for four solar plants in the region.
For Related News and Information:
Most-read alternative energy stories: MNI ALTNRG <GO>
For top news on renewable energy TOP ENV <GO>
New Energy Finance news and analysis: BNEF <GO>
--Editors: John Buckley, Todd White
To contact Bloomberg News staff for this story:
Feifei Shen in Beijing at +86-10-6649-7527 or
Fshen11@bloomberg.net
To contact the editor responsible for this story:
Reed Landberg at +44-20-7330-7862 or
landberg@bloomberg.net.
