The Time is Now: Getting in on Alternative Energy in China
Filed in archive Entrepreneurship on November 27, 2009
© myuibe
BusinessWeek had a piece earlier this month on the alternative energy market in China and how attractive it is at the moment for startup enterprises. As Chinese cities have become increasingly polluted, the government has laid out ambitious plans to lessen dependence on fossil fuels. By 2020, Beijing aims to have 15% of the nation's electricity come from wind, solar, or other renewable sources. Adrian Ho sees that as a tantalizing opportunity for startups like his China Water & Energy, which builds and operates wind farms for power companies. These startups have the chance to grow into major businesses while helping the most polluting country clean up its act. "There are opportunities for almost anyone who has access into the game," he says.
Of course, getting in is the trick. The BusinessWeek article looks at the sorts of connections and know how that one business owner is using to get his company moving.
Tags: china, wind, energy china 2009 alternative+energy getting+alternative time+getting
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