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.
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.”