U.S. Had $1.63 Billion Clean-Energy Surplus With China, Pew Says
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The U.S. sold more renewable-energy and power-management products to China in 2011 than it imported, contradicting wide-held views that the Asian nation is becoming the world’s dominant supplier, according to the Pew Charitable Trusts.
U.S. suppliers had a $1.63 billion trade surplus for solar manufacturing equipment, specialty materials, power-management control systems and other high-margin products, according to a report today from the Philadelphia-based nonprofit group. A total of $8.5 billion of clean energy goods and services were exchanged between the two countries in 2011, the last year for which data are available.