Best article I have read yet on the Texas Wind Farm coming from China………the author hits the NAIL square on the head, WHY NOT INVEST INTO APWR to profit ????

China Invests in West Texas Wind Farm
Posted by: Frederik Balfour on November 02

Late last week, a Chinese-U.S. consortium announced it was building a 600 megawatt wind farm in Texas costing $1.5 billion. The deal, in which the Chinese partner is putting up 49% of the cash, stipulates that the wind turbines, about 240 of them, will be manufactured in China by A-Power Energy Generation Systems, a mainland company located in Shenyang.

A New York Times blog about the deal provoked a number of comments from U.S. readers upset that the project would generate more jobs overseas than at home, a particularly vexing notion given that the project is seeking 30% of its financing from Washington stimulus funds. But what a lot of readers overlooked [though the Times did not] was that A-Power is listed on Nasdaq. Remember that ordinary Chinese are not allowed to invest in overseas stocks, so while jobs may be created in China, the profits will accrue to U.S. and other international investors in A-Power. [Its stock traded up 15% Oct. 29 on the news]. Other Nasdaq-listed Chinese renewable energy companies include solar panel makers Suntech [STP] and Trina Solar [TSL] which have made strong inroads into the U.S.

But it’s not just the Chinese who are gaining ground in the U.S. renewable energy sector. At the end of 2008, Indian wind turbine maker Suzlon Energy had 10% of the U.S. market. Though it built a $25 million dollar rotary blade factory in Pinestone Minnesota employing 400 people, [the economics of wind power dictate that blades be manufactured close to market] the more costly turbines are made in India. More telling perhaps of the realities of globalization in the renewable energy sector: all engineering and research work is also done in India.

That reminds me. While writing a story about U.S. investment in Southeast Asia, I noted that Tempe,Arizon-based First Solar [FSLR] is building a $680 million solar panel factory in Kulim, Malaysia. The company denied my request for an interview or for a response to written questions, leaving me to conclude it was not keen on publicity about its offshore investment. The most recent mention of the investment appearing on the company website was a 2007 press release.

Here’s a U.S. company that isn’t publicity shy. Check out this interesting piece in the latest BusinessWeek magazine by my colleague Adam Aston about a new wind turbine under development by FloDesign in Wilbraham (Mass.)Its prototype designs incorporate features used in jet engines instead of the traditional propeller-type blades in use today.

Going to change MY OPINION mid day on AMSC due to NEW NEWS brought to my attention where AMSC is forming a China division using their major 75% customer Sinovel as the center piece of China:

Increasing Customer Demand in the Asia-Pacific Region

http://www.amsuper.com

VESTAS and GE WIND will be the ultimate winners in this change to China policy , the author says AMSC will benefit the most but nope, its VESTAS and GE and APWR since GE is partnered with APWR for a China JV Gear Box plant and also GE and VESTAS building FOUR WIND PLANTS inside China!

Commerce Secretary Says China Will Lift Local Wind Requirement
By Sam Hopkins
Monday, November 2nd, 2009

United States Commerce Secretary Gary Locke said on Thursday that China is moving to allow more parts from foreign manufacturers to be included in the Middle Kingdom’s domestic wind power projects.

As it stands, Beijing requires that 70% of the components in wind energy turbines erected around China be produced by factories within the country.

Locke couldn’t say exactly when the rule would change, but after the 20th U.S.-China Joint Commission on Commerce and Trade, America’s top industrial diplomat did indicate that a policy shift is on the way.

That will be a boon to American wind energy component producers like American Superconductor (NASDAQ:AMSC), whose stock rose by over 10% in the week from October 26, compared to a 3% decline for the S&P 500.

China’s loosening of domestic manufacturing requirements for wind power is also part of a bi-national wind power exchange that involves companies of all sizes.

In Texas, a consortium just announced a $1.5 billion Sino-American joint venture between Shenyang Power Group, Cielo Wind Power, and the U.S. Renewable Energy Group, a private equity fund. That collaborative effort will bring turbines from China to the Lone Star State via Chinese turbine maker A-Power Energy (NASDAQ:APWR).

Look for more news soon on the growing exchange in U.S. and Chinese wind power infrastructure expansion and the wind power stocks that could profit.

-Sam Hopkins

APWR is going to get into Hydropower, the Cleanest form of Green Energy……..

There are many rivers suitable for 10MW small hydropower station; the most economically beneficial place will be chosen to construct small hydropower station. High head and adjacency to electricity-consuming center shall be considered as key elements for the site selection of small hydropower station. Thus the development of small hydropower station shall not be limited only to areas with rich resources. Now the existing small hydropower stations are different in scales, from less than 1MW smaller ones to bigger ones above 10,000MW. The generating efficiency of hydropower is twice bigger than the same scale thermal power plant. At present, the rural area and the remote areas in the world are in an urgent need of increasing the power supply. In the developing countries, only 5% people in these areas are accessible to electricity due to the slow development of small hydropower station. And in the industrial developed countries, due to the pollution of thermal power plant and the short period and low cost of constructing small hydropower station, people show great interest on the development of small hydropower station again. The small hydropower plant is simple with short period and low cost of constructing, less loss of reservoir, immigration and small environment impact. Because the small hydropower station is near the customer, the transmission line equipment is simple and the transmission losses are small. For the above advantages, the small hydropower station develops fast in China and other developing countries and has become the main generation method in rural and remote areas. Now the rural small hydropower station of capacity under 0.5KW could be found in more than 1500 counties in China and is the main power supply in the half of those counties. There are abound resources of small hydropower station in China, mainly in Hubei and Hunan Provinces, Guangdong and Guangxi Provinces, Henan, Zhejiang, Fujian, Jiangxi, Yunnan, Sichuan, Xinjiang and Tibet. The exploitable small hydroelectric resources in these 13 provinces take nearly 90% of the whole country.