Wednesday, June 8, 2011
Increased Entry Barriers Force Wind Power Consolidation in Inner Mongolia
In a move to enhance oversight of the wind sector, the Inner Mongolia Development and Reform Commission recently released a set of new regulations concerning the management of wind resources in the region . According to the rules, wind power firms must have net assets of no less than RMB1 billion (approx. US$150 million). Local governments, which had previously supported the linking of wind power development with equipment manufacturing, will now require such relationships to be at arm's