the China Northwest Regional Power Grid (NWPG). This will displace equivalent amounts of electricity generated by the current mix of power sold to the NWPG. The developer of the Gansu Dang River Hydropower Project, which started construction on 1 November 2004, is the Jiayuguan City Tongyuan Hydropower Co., Ltd. The Letter of Approval of the NDRC permits the Jiayuguan City Tongyuan Hydropower Co. Ltd. to transfer to Japan Carbon Finance, Ltd., an entity approved by the government of Japan no more than 1.2 megatons of carbon dioxide emissions in total Certified Emission Reductions (CERs) over the seven-year period beginning on 1 May 2007, and ending on 30 April 2014. In 2006 there were 10 GW of installed hydropower capacity that went into operation in China. The National Development and Reform Commission also approved thirteen additional hydropower projects in 2006, which cumulatively will have 19.5 GW of power generating capacity. The following hydroelectric power projects completion date and capacity: Jinsha River Xiangjiaba Dam (6000 MW) (2014), t the Lancang River's Jinghong Dam (1750 MW) (2008), and the Wu River's Silin Dam (1080 MW) (2008). the Jinsha River's Xiluodu (2014) (12600 MW), the Yellow River's Laxiwa Dam (2010) (4200 MW), and the Yalong River Ertan (First Phase) (3600 MW) (1999), Baihetan the Jinsha River 4,200 MW (2022) . Wind power China has the largest wind resources in the world and three-quarters of this natural resource is located at sea. China aims to have 210 GW of wind power capacity by 2020. China encourages foreign companies, especially from the United States, to visit and invest in Chinese wind power generation. However, use of wind energy in China has not always kept up with the remarkable construction of wind power capacity in the country. In 2008 China was the fourth largest producer of wind power after the United States, Germany, and Spain. At the end of 2008, wind power in China accounted for 12.2 GW of electricity generating capacity. By the end of 2008, at least fifteen Chinese companies were commercially producing wind turbines and several dozen more were producing components. Turbine sizes of 1.5 MW and 2 MW became common. Leading wind power companies were Goldwind, Dongfang, and Sinovel. China also increased the production of small-scale wind turbines to about 80,000 turbines (80 MW) in 2008. Through all these developments, the Chinese wind industry appeared unaffected by the global financial crisis, according to