China has been leading the race in renewable energy manufacturing. A Denmark based wind turbine manufacturing company called Vestas just established the world’s largest turbine manufacturing complex in Northeast China. In addition China also now leads the world in solar power equipment. In 2009 alone, $45 billion was spent on upgrading China’s power grid. Renewable energy industry is producing 100,000 new jobs a year in China. They hope that by 2020 8% of China’s electricity will come from renewable sources.
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