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.”


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