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Article: Global downturn offers China's renewable energy equipment makers a chance to remake themselves.
- Article from:
- China Business News
- Article date:
- December 3, 2008
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Global downturn offers China's renewable energy equipment makers a chance to remake themselves
By Victor Wang Shanghai. December 3. INTERFAX-CHINA - The world financial crisis may provide Chinese renewable energy equipment makers with a chance to play catch-up to their global counterparts and to expand, according to a renewable energy expert.
Preben Maegaard, vice president of EUROSOLAR, a renewable energy association in Europe, told Interfax that while the financial crisis may have pulled major economies like the United States, Europe and Japan into recession, the renewable energy industry is likely to continue expanding. According to a World Wind ...