Hydro Tasmania, CLP and China Datang
to build wind farm
Aug 15, 2007 - Angela Macdonald-Smith - Bloomberg
Roaring 40s Renewable Energy, a wind energy venture
between Hydro Tasmania and CLP Holdings, agreed
with China Datang to build what may be one of the
world's largest onshore wind farms. The first 400-megawatt
stage of the project, to be built by early next
year, will supply enough energy for almost one million
The partners will develop the 1,000-megawatt Xiangyang
project in Jilin Province in stages, David Llewellyn,
the minister for energy in the Australian state
of Tasmania, said in a statement Tuesday. The project
will cost 640 million Australian dollars, or $533
million, he said.
China is encouraging wind power to help overcome
energy shortages created by a doubling in the size
of the economy since 2001. The government plans
to increase wind power capacity fivefold by 2010
from the end of 2005. The project will be Roaring
40s' seventh wind project in the country.
"This one project will develop more wind energy
than Australia's entire installed wind energy capacity,"
Llewellyn said in the statement. "When fully developed,
the Xiangyang project has the potential to become
one of the world's largest onshore wind farms."
China turns net coal exporter China exported more
coal than it imported for the second time this year
in July as the world's biggest producer and consumer
of the fuel shipped supplies to customers in Japan.
The country exported 5.73 million metric tons
of coal last month and imported 3.89 million tons,
data from the Beijing-based General Administration
of Customs showed Wednesday.
China became a net importer of the fuel for the
first time in January, as suppliers strained to
meet surging energy demand in the world's fastest-growing
major economy. July's figures halted a pattern that
saw the country ship in more coal than left its
shores for four consecutive months.
Japan agreed in May to pay 28 percent more for
annual coal supplies from China under 2007 contracts,
following two earlier rounds of deadlocked negotiations.