“China may invest another 2.3 trillion yuan in key energy-saving and emission-reducing projects, Xie Zhenhua, vice chairman of the National Development and Reform Commission, said today at a conference in Beijing. The government aims to have 100 gigawatts of wind-power installed capacity and more than 35 gigawatts of solar power by 2015, Xie reiterated today. China’s targets have encouraged companies including China Petrochemical Corp., also known as Sinopec Group, to strengthen their commitment to protect the environment.”

http://www.bloomberg.com/news/2013-07-30/china-s-spending-on-renewable-energy-may-total-1-8-trillion-yuan.html

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