State-owned supply and distribution company Electrica is considering building 150MW of wind capacity and 50MW of micro-hydro power in partnership with undisclosed Chinese investors, local media reported this week. Electrica’s general manager Ioan Folescu said that during a recent trip to China he had met several utilities and banks regarding the proposition. Folescu added that wind and hydro power was currently the preferred renewable technology in which to invest as they are more recession proof than solar and marine power. (THE ICIS HEREN REPORTS - EDEM 13 070 / 09 April 2009) |