Top story: China,Belt & Road partners more cooperation on new energy

BEIJING, Aug. 13 (Greenpost) — The Sixth China (Gansu) International New Energy Expo held in China’s wind power base Jiuquan city of Gansu on August 8-9 drew 36 counties around the world to seek opportunities to cooperate with China on new energy development.

download (3)

With energy self-sufficiency rate being at only 55 percent, Belarus hopes to bring in Chinese technology and investment to develop wind power, solar power and biomass energy to raise ratio of renewable energy in the energy structure, according to Belarusian First Deputy Energy Minister Leonid Shenets, reported China Securities Journal.

download (1)

Pakistan is actively developing solar energy and plans to launch 3 GW solar PV power projects in 2016 for which Pakistan hopes to utilize Chinese new energy technology, according to State Minister for Water and Power Abid Sher Ali.

download (4)

Several other countries of Central Asia, West Asia, South Asia, Africa, Oceania, as well as European Union have also expressed intent on cooperation with China on new energy development.

download (2)   China’s new energy had stepped on fast development since 2005 and has topped the world in terms of wind power installed capacity, according to Liang Zhipeng, deputy director with department of new energy and renewable energy under the National Energy Administration (NEA), noting that China has ranked the second globally in terms of solar PV installed capacity. Chinese-made solar PV panels took up about 67 percent of the world’s total as of the end of 2014, Liang said.

download (6)

The Belt and Road initiative has brought new cooperation opportunities for China and other countries worldwide on renewable energy development, said Wang Sicheng a researcher with the Energy Research Institute of the National Development and Reform Commission (NDRC), noting that more and more domestic new energy companies such as wind power enterprises will “go out” and explore international opportunities.

download (5)

China had five wind turbine manufacturers export 189 wind turbines totally 368.75MW overseas in 2014, bringing total export capacity to 1.76125GW by the end of 2014, according to statistics by the Chinese Wind Energy Association. Enditem

download (7)

Leave a Reply