China recently installed its first offshore wind farm (102 MW) and reports suggest it plans to invest $100 billion in 30,000 more megawatts of offshore wind power by 2020.
"How much is China willing to invest, in terms of wind? The Beijing-based energy consultancy Azure International has predicted that the country is on track to install 514 megawatts of offshore wind over the next three to four years, a $100 billion investment in up 30,000 megawatts of wind power by 2020."
That amount of wind represents more than double China's current land-based wind capacity.
In stark contrast, America's nearly decade-old NIMBY-beleaguered Cape Wind project was dealt another setback last week when the Advisory Council on Historic Preservation (ACHP) recommended that Interior Secretary Ken Salazar not approve the project. Secretary Salazar is expected to make his final decision by the end of April.
