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...often happens in China, this potential bonanza could prove to be a mirage for foreign companies. The country's policymakers are nurturing a domestic alternative-energy industry on a massive scale. China is home to more than 100 wind-turbine manufacturers and some 400 solar-panel companies. The country has quickly grown into the world's largest maker of photovoltaic cells. Yet more than 95% of PV cells produced by China in 2008 were exported, indicating the country's output far exceeds domestic demand. Not surprisingly, foreign companies think they are being blocked from the mainland market. The European Union...

Author: /time Magazine | Title: Tower of Power | 11/2/2009 | See Source »

...Paulo Fernando Soares, China chief executive for Indian wind-turbine maker Suzlon Energy, says his company has successfully bid for provincial-level projects, but Suzlon and all other foreign firms have been shut out of national-level wind-base projects in Gansu, Hebei and Inner Mongolia. While the Chinese manufacturers are able to sell turbines cheaper than foreign firms, Soares argues they can't match foreign-made equipment in terms of reliability and overall track record. "The Chinese government has decided that they want to develop wind bases, that they want to promote a local industry and that they want...

Author: /time Magazine | Title: Tower of Power | 11/2/2009 | See Source »

...built the generators for the first stage of the massive Three Gorges hydroelectric dam, but the generator contracts required the foreign makers to transfer technology to Chinese partners, who took the lead in later phases of construction. A similar pattern appears to be playing out in alternative energy. Foreign wind-turbine manufacturers held nearly 60% of the Chinese market in 2006. By last year that position was reversed, with Chinese firms taking 74% of new installations, says Jun Ying, chief China representative for the consulting firm New Energy Finance. In fact, the number of Chinese turbine manufacturers has expanded...

Author: /time Magazine | Title: Tower of Power | 11/2/2009 | See Source »

...same people who bend steel to make cars can bend steel to make wind turbines. The same people who program machines to build car parts can program machines to build parts for solar panels. Wind turbines have brake systems, drive trains--the same kinds of things you have in a car, only really big. So there's no doubt that we can translate the expertise...

Author: /time Magazine | Title: 10 Questions for Jennifer Granholm | 11/2/2009 | See Source »

Band reunions, which take place every five years, always coincide with the annual Montage Concert, a centerpiece of the University Band and the subsidiary Wind Ensemble and Jazz Band. This year, the montage concert featured the Harvard Medley, a special arrangement of Harvard songs that was created by former Band Director and famous composer Leroy Anderson, the man behind the memorable holiday tune “Sleigh Ride.” The medley included such favorites as “Harvardiana,” “10,000 Men of Harvard...

Author: By Clio C. Smurro, CONTRIBUTING WRITER | Title: HUB Marches Through Time | 11/2/2009 | See Source »

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