Morgan Stanley sees potential in China's hydropower sector

China is building public-work projects at a frenzy, what is attracting Morgan Stanley to the hydropower industry?
China has the world’s largest available hydropower resources and is currently the biggest producer of hydroelectric power in the world with more than 200 gigawatts of existing installed generation capacity. In the small hydropower sector [defined as less than 30 megawatts], China has over 30,000 existing hydropower plants. China’s government has passed favourable policies and regulation such as the Renewable Energy Law to promote hydropower sector growth. This is further emphasised in the 12th five-year plan in which China plans to grow hydropower capacity to over 450GW by 2030. The additional capacity of more than 200GW is enough to power the whole of France.