As part of the Chinese government's USD586 billion economic stimulus package, the government of Hengyang in Hunan has agreed to provide lead acid battery manufacturer China Ritar Power Corp. with a new industrial park in Hengyang, which will enable China Ritar to expand its production capacity three fold.

A report released by the United Nations Environment Programme says that China has become a green economy giant in Asia and is leading the region's alternative energy investment trend.

The Chinese Ministry of Science and Technology and the Beijing Municipal Government have jointly issued a license for "Beijing Alternative Energy Automobile Design and Manufacturing Base" to the Beiqi Futian Vehicle Company.

Shenzhen based China Ritar Power, a Chinese manufacturer of lead acid batteries, is looking to increase its market penetration in the alternative energy storage market.

Evolution Solar Corp. has acquired Synergy Design and Development Company Limited, a Hong Kong R&D and procurement company based in Shanghai.

A-Power Energy Generation Systems, Ltd., has announced that it has completed the construction of the first phase of its wind turbine production facility in Shenyang.