A Good Week For NH’s Green Energy Businesses
About a week after my long post focusing on New Hampshire’s green economy, it looks like the state’s alternative energy businesses have been busy courting Asian markets.
lcrf / Flickr
Demand for solar technology is increasing in China.
First, as James Connonly of Mass High Tech reports, Merrimack-based GT Solar has reeled in a big order:
“Solar energy equipment manufacturer GT Solar International Inc. today said that it has received a $55 million order from a new customer in Asia for its polysilicon production equipment.”
Mass High Tech also reports that LED-focused ARC Energy of Nashua brought in a $96.9 million Asian contract.
Recently, China has emerged as a growing market for renewable energy as well as a global powerhouse in green manufacturing. And as the Financial Times and UPI found, the Chinese government is pushing for more alternative energy growth by offering incentives:
“Beijing announced it was guaranteeing solar developers certain payments for every kilowatt-hour of clean energy they feed into the nation’s grid…
…A feed-in tariff guaranteeing about 15 U.S. cents per kilowatt hour of electricity could put the country in a leadership position, the Financial Times reports…
…Beijing’s European rivals have started cutting back on solar power subsidies, meaning China is set to become a world leader in solar panel purchases.”
