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Shaping the Future of Energy Development

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Shaping the Future of Energy Development

In the past decade, China’s energy demand has nearly doubled. With this has come a rapid development of the countries hydropower industry - not only investing in hydropower in China itself, but in hydropower around the world. Involvement goes so far as Latin America, including work on a dam in Ecuador that is expected to supply the country with 45% of its total power. This may seem like a strange partnership, but Chinese banks are willing to finance projects in countries with poor credit ratings - ones that historically have had difficulty accessing sufficient capital for major infrastructure projects such as these.

Chinese involvement in hydropower is only expected to increase in the coming years, with plans for construction of reservoirs in a multitude of South and Central American countries including Argentina, Belize, Costa Rica, Colombia, Guyana, Honduras, and Peru.

Read more on this here.

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