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Going green: China continues massive investment in renewable energy

Summary:
Chinese state-owned power company, China Three Gorges Corporation, has announced it has started developing more than two dozen of new green energy projects, requiring the total investment of .2 billion. The construction of 25 new projects with a total installed capacity of 3.92 million kilowatts was started simultaneously in 14 provinces and regions, the Beijing-based company announced on Monday. The initiatives are expected to create 17,000 jobs for locals and help the nation's industrial chain to resume work and production, as well as optimize the local industrial structure. RT Going green: China continues massive investment in renewable energy

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Going green: China continues massive investment in renewable energy

Chinese state-owned power company, China Three Gorges Corporation, has announced it has started developing more than two dozen of new green energy projects, requiring the total investment of $8.2 billion.

The construction of 25 new projects with a total installed capacity of 3.92 million kilowatts was started simultaneously in 14 provinces and regions, the Beijing-based company announced on Monday. The initiatives are expected to create 17,000 jobs for locals and help the nation's industrial chain to resume work and production, as well as optimize the local industrial structure.

RT

Going green: China continues massive investment in renewable energy

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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