Smart Power!

clipped from www.popsci.com Clean tech has seen a boost as the U.S. pours government funding into renewable energy, and China looks set to reap much of the benefits. Latest example: a Chinese wind-turbine company has just become the exclusive supplier for one of the largest wind-farm developments in the U.S. The Shenyang Power Group has signed on to supply 240 of its massive 2.5-megawatt wind turbines to a 36,000-acre development in West Texas. The Wall Street Journal reports that the wind farm is also slated to receive $1.5 billion in financing from the Export-Import Bank of China. This comes as the U.S. has increasingly out-sourced much of its wind turbine development. Less than a quarter of wind turbine components installed in the U.S. came from domestic production, and Europe currently holds the lion's share of turbine manufacturing. A Norwegian firm launched the world's first full-scale floating wind turbine this September.