News last week of the first
major influx of Chinese capital and wind turbine manufacturing expertise into the renewable energy market in the United States — a 600-megawatt wind farm planned for the plains of west Texas — had many readers of the Green Inc. blog in a state of agitation. “I don’t understand why China is exporting wind energy to the U.S.,” wrote Mark from New York City. “Isn’t this exactly the kind of project a United States company could and should be doing?” Another reader — Drew from Boston — was more blunt: “Again, China is playing the West for a sucker,” he wrote. “We send them our engineering, they get the manufacturing work and experience.” The details of the deal known so far: Contingent on financing from Chinese commercial banks — and no small measure of funding from the U.S. economic stimulus package — A-Power Energy Generation Systems, a Nasdaq-listed company based in the Chinese industrial city of Shenyang, would provide 240 of its 2.5-megawatt wind turbines for a 36,000-acre, or 14,600-hectare, utility-scale wind farm in west Texas to be operated by Cielo Wind Power, a developer based in Austin. The total cost of the project, which was brokered in part by the U.S. Renewable Energy Group, an American private equity company, was estimated at $1.5 billion. At an event after the announcement in Washington on Thursday, Cappy McGarr, a managing partner at the company, was beaming. “This planned $1.5 billion investment in wind energy will spur tremendous growth in the renewable energy sector,” Mr. McGarr was quoted in a news release as saying, “and directly create hundreds of high-paying American jobs.” The devil, though — as many observers pointed out by the end of the week — is in the details. The group’s calculations last week put the number of American jobs at a little more than 300 — most of them temporary construction jobs, along with about 30 permanent positions once the wind farm is operating. Mr. McGarr told The Wall Street Journal that more than 2,000 Chinese jobs would be created by the deal. Full Story
WHO ARE THESE BASTARD SELLING OUT AMERICA??
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