In China a law on renewable energy was passed on February 2005. Their goal is to not rely on coal as they used to and producing one gigawatt of energy through a wind power complex. China is trying for 20 gigawatts by 2020 and experts expect China to have 40 gigawatts by 2050. As of 2005, there are 1,883 wind turbines and a capacity of 1,266.2 megawatts of energy.
-Long Yuan Electric Power Group Corp (China Guodion Corperation)
-Huaneng New Energy Industrial Co. Ltd.
-China Datang Corporation
-China Power Investment Corporation
If all the windy parts of China were combined with the current windfarms, China would have four times the energy they have now. China is currently on its way to becoming the largest wind energy market in the world.
To help the growth of wind power, the Chinese government created policies. These projects include Ride the Wind Program, National Debt Wind Power Program, and Wind Power Concession Project.
This program's purpose was for imported technology from foreign companies. They would compile this technology to create a high-quality wind turbine generator. Technology which generates 600 kilowatts of energy into China was contributed by NORDEX from Germany and MADE from Spain. The State Development and Planning Commission (SDPC) began this project in 1996
This program which is already completed had the purpose to promote the growth of wind power and for people to buy local, qualified wind power. In order to encourage this, the government provided wind farm owners bank loans in exchange of wind power for people to use. These loans were used to pay for wind farm construction and eight megawatts of energy.
This was a project meant to lower the in-grid wind power by building large wind farms. These larger wind farms were required to achieve 100 megawatts of energy to be approved. China's government wishes this to encourage more companies to produce wind energy and for wind power to be a main source of energy.