China Financing, Building Coal-Fired Power Plants

Like it or not coal-fired power plants will be with us for a very long time.

“The Balkan region’s first privately-funded power plant came online on Tuesday, increasing the region’s dependency on coal-fired power stations even as environmental concerns are driving them to the brink of the extinction elsewhere in Europe. It was built by China’s Dongfang Electric Corp and financed with the help of a 350 million euro ($391.13 million) loan from the China Development Bank.” click here for full post at Not a Lot of People Know That.

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