At present, Mongolia”s electricity
consumption grows between 8 to 10 percent annually and the wind energy can
provide substantial clean electricity for the country”s rapid economic
development.

Mongolia has begun developing its renewable energy industry which would
be considered as the priority of energy sector”s development, Mongolian energy
minister D.Zorigt said.

Mongolian mineral resources and energy minister D.Zorigt made the remarks at
the “Mongolian Renewable energy 2012” international conference.

Over 100 specialists, company representatives, government and international
organization officials participated the two-day conference and they put forward
many advices and technology solutions for Mongolia”s renewable energy
development.

During the meeting, many specialists said energy and environment issues have
become common concerns of international community, stressing developing new
energy and renewable energy have become key measures to guarantee energy
security and sustainable development for every country.

B.Byambasaikhan, CEO of Mongolia”s leading renewable energy company Newcom
Group, told the conference Mongolia boasts abundant wind and solar power
resources, but the development of renewable energy industry faces difficulties
in technology and investment fields.

Mongolia”s Newcom Group and U.S. General Electric Company are jointly building
the country”s first wind farm-Salkhit Wind Farm, some 70 kilometers to the east
of Ulan Bator. The 100-million U.S. dollar wind turbines project aims to
provide clean energy for Ulan Bator and alleviate the capital city”s air
pollution.

Mongolia boasts rich wind power resources. According to specialists” estimates,
the country”s wind energy generation capacity could reach 2.55 trillion KWH
annually.

At present, Mongolia”s electricity consumption grows between 8 to 10 percent
annually and the wind power can provide substantial clean electricity for the
country”s rapid economic development.

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