China stepping closer to becoming clean energy power

17:02, May 23, 2011      

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The multi-level interaction between China and the United States in the field of clean energy became a focus during the recently-concluded third round of the United States-China Strategic and Economic Dialogue. A report released by the World Wildlife Fund (WWF) on May 9 pointed out that the output value of China's clean energy technology stood at more than 64 billion U.S. dollars, ranking first worldwide. China is positively moving forward to becoming a clean energy power.

Clean energy investments increased 39 percent in 2010

Clean energy refers to energy that does not produce or can reduce harmful emissions during the process of production and use. It includes renewable energy that can be restored and replenished after consumption, such as solar energy, wind energy, bioenergy and hydro-energy and non-renewable energy that can be treated by clean energy technology, such as clean coal.

Li Xiaolin, chairman of the China Power International Development, Ltd. board, said that China's clean energy has achieved remarkable development under the strong support of relevant state policies. In 2010, China's installed capacity of nuclear power reached 10.8 million kilowatts. The installed capacity of wind power grid integration reached nearly 31.1 million kilowatts. The installed capacity of biomass power generation reached 5.5 million kilowatts and the installed capacity of solar energy reached 700,000 kilowatts.

The report titled "Who Will be the Winner of Clean Energy," released by the Pew Charitable Trusts in March, shows that China invested a total of 54.4 billion U.S. dollars in the clean energy market in 2010, an increase of 39 percent compared with 2009, ranking first worldwide. China surpassed the United States with the largest clean energy production capacity worldwide in 2009, and in 2010, China accounted for almost 50 percent of the global investments in wind and solar energy industry.

Core technologies promote the development of a lean industry chain

A group of leading domestic energy enterprises has emerged through independent innovation and core technologies during the robust development of China's clean energy sector.

Goldwind Science & Technology Company is one of the leading wind power equipment development and production enterprises in China and is the world's largest wind turbine producer by market capitalization. "As the central government has offered much policy and financial support, clean energy enterprises are giving up some low-margin business procedures and establishing a lean industry chain," said Yao Yu, director of the public affairs department of Goldwind, "Independent-innovation has given us confidence and only core and independent intellectual property rights can enable our industry chain to have its own unique characteristics."

Goldwind is the epitome of thriving Chinese clean energy enterprises. Himin Solar Company has pioneered the world's leading third generation solar power technology and annually sells solar water heaters that cover a solar energy-collection area of 3 million square meters, equivalent to the European Union's total and twice North America's total. ENN Group has used its energy efficiency technology to establish a diversified industry structure covering energy distribution, intelligent energy and solar energy.

Chinese companies motivated to expand overseas

The rapid growth of the domestic clean energy market has greatly motivated Chinese companies to expand overseas.

Goldwind developed the "direct drive permanent magnet" technology in cooperation with German wind turbine maker Vensys Energy AG and acquired a 70 percent stake in the company for over 400 million yuan later in 2008, successfully turning the jointly developed technology into its own unique advantage. So far, Goldwind has sold over 3,000 direct drive permanent magnet generators to various parts of the world. "Goldwind used to rely on the introduction of foreign technology and joint development, but now focuses on independent development," said Zhou Tong, the company's director of strategy and global development.

During the third round of the United States-China Strategic and Economic Dialogue, the Chinese city of Langfang in Hebei Province and the country's leading clean energy company ENN Group signed an Eco-Partnership agreement with Charlotte, North Carolina and Duke Energy, one of the largest energy companies in the United States。

According to the agreement, their cooperation will focus on cleaner energy generation, smart grid technologies, energy storage and energy efficiency solutions. Unlike the past, when Chinese companies had to spend much buying technologies from their foreign counterparts, the agreement is a result of equal market and technology cooperation between the two cities and between the two companies. Chinese companies have won a greater say in international cooperation through constant technological innovation.

By People's Daily Online

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