The wind record that has everyone talking

Developers in Brazil offer to build wind farms at the cheapest rates ever, while China delivers its battling solar manufacturers a Christmas present and the US gives offshore wind a shot in the arm.

China gave some solar companies an early Christmas present last week, as it selected the second batch of projects – some 2.9GW – under its Golden Sun subsidy program. Yingli was a big winner, boosting its share value 31.5 per cent last week. Separately, JinkoSolar won $US1 billion backing from the China Development Bank, propelling it to a six-month high.

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