China renewable energy

In an effort to tap another renewable energy resource, China, the world's leader in cleantech financing and development, has partnered with Iceland to help developed its vast, but under-developed geothermal energy.

It is no secret China is currently beating the United States in the race to be the global leader of the new energy economy.  However, with each passing month the gap between the two nations appears to be growing.

China's wind power generation capacity is estimated to reach 150 GW by 2020 and Chinese power producers are wasting no time and sparing little expense to grab a larger piece of the wind market pie.

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