SDIC powers up cleaner energy

To contribute more to realizing the nation's goal of building a beautiful China, the State Development and Investment Corp, a leading investment arm of the country in infrastructure and resources, has big plans for renewable and clean energy development in the coming years.

"SDIC regards energy conservation and environmental protection through clean and renewable energy resources as major investment targets," said Wang Huisheng, chairman of SDIC.

SDIC is investing 400 billion yuan ($65.57 billion) to build 21 hydropower stations along the Yalong River in Sichuan province. The development of the hydropower stations by the Yalongjiang Hydropower Development Co Ltd, a holding company of SDIC, is an important part of SDIC's clean energy investment drive. When completed, the stations will have a combined generating capacity of 30 million kilowatts.