This announcement came out in mid-Sept but I still want to mention it here as another example of international business taking China's domestic solar market more seriously. United States cleantech private equity fund Hudson Clean Energy Partners announced on 13 Sept that it aims to raise its first yuan-denominated fund, the largest of its kind, to invest in China's rapidly expanding clean energy market. Hudson, which manages a $1 billion clean tech equity fund in the United States, is bullish on China's clean energy markets. According to their press release, the company expects urbanization, rising pollution and a tremendous hunger for energy to drive demand for clean energy.
"We view China as the world's most important market in clean energy, witnessing a continuation of a boom that began five years ago and look set to continue well into the future," Hudson co-managing partner Neil Auerbach told Reuters. Interesting that there is no mention of the August nation-wide FiT announcement.
Hudson, which invests exclusively in clean energy, is setting up its China fund with the municipal government of Yangzhou, Jiangsu.