China is Bankrolling Renewable Projects Around the World

By Eric Worrall – Re-Blogged From WUWT

According to Time Magazine, China is increasingly participating in the financing of renewable energy projects, as well as provision of renewable infrastructure. But something ugly is happening behind the scenes.

China Is Bankrolling Green Energy Projects Around the World

Perched on the ochre scrub of Argentina’s sunbaked Puna Jujeña plateau, the $400 million Cauchari power station is the world’s highest-altitude solar farm at 13,000 ft (about 4,000 meters) above sea level. In Kenya’s volcano-strewn Rift Valley, a newly green-lit, super-efficient electrical substation will soon funnel clean power from the nearby Olkaria Geothermal Plant about 50 miles (80 km) to downtown Nairobi. Some 14 miles off blustery northeastern Scotland, Moray East is set to become the world’s largest offshore wind farm, helping to heat and light up to a million homes.

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