Wind power industry faces bubbles

Experts have also pointed out that investor enthusiasm towards the new energy industry is still rising, and that signs of a bubble are already emerging in the market.　Data shows that China had only 30 producers of wind power generators in 2007.

But after only one year, the number passed 70. Over the past four years, large amounts of capital have flown into the wind power industry, with growth rates exceeding 100 percent. Share prices of wind power companies have also surged.

But data has showed that most generators were unable to reach operational levels due to technical problems on power grids, forcing many to rely on government subsidies. Experts have warned investors of the potential risks in the market.