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China ready for flood of dams

Editor | April 29, 2014 |

Jan. 6 (Shanghai Daily): China is set to accelerate the building of hydroelectric dams, reversing a long halt caused by environmental concerns and the social upheaval of relocating people living in the shadow of dam sites. The Chinese government now aims to have 430 gigawatts of -hydropower capacity by 2020, increasing its earlier target of 380GW, the China Securities Journal -reported last month, citing unidentified sources.

“That means each year, the equivalent of one new Three Gorges Dam will be added in China over the next decade,” said Shao Minghui, an analyst at China Post Securities.

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