September 29, 2008

"China has a unique problem -- it has too much cash,"?



Here is a few things they are doing with the cash for Africa:
  • China's growing aid programme to Ghana includes the 600 million dollar Bui Dam on the Black Volta River.
  • In October 2007, Beijing’s Tianpu Xianxing Enterprises and Kenya's Electrogen Technologies started building the first solar panel factory in Eastern Africa, in a 125 million dollar joint venture.
  • Some 200,000-350,000 photovoltaic systems are in use, demonstrating that solar power is viable even for poor households in an unsubsidized market.
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