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China seeks Gulf partnership to push renewable energy

(Xinhua)

08:13, January 17, 2012

Chinese Premier Wen Jiabao addresses the opening ceremony of the fifth World Future Energy Summit in Abu Dhabi, the United Arab Emirates, Jan. 16, 2012. (Xinhua/Liu Weibing)

ABU DHABI, Jan. 16 (Xinhua) -- At the 5th World Future Energy Summit (WFES) which opened in Abu Dhabi Monday, Chinese firms are looing to sell their innovative products to the sun-rich, but dry and hot Gulf Arab region.

For the first time China has a national pavilion at the leading energy convent and exhibition in the Middle East to seek cooperation in the rapidly growing market in the region. Senior managers from China's major solar companies also attend the conference.

Five Star Solar Energy Company from Dongguan City in south China's Guangdong Province produces water heater systems powered by solar panels for private homes. The 1990-founded company landed a major success when they installed solar panel park of 1,200 square metered for the 2010 Asian Games in Guangdong.

According to the company's exclusive sales agent Solitaire Solar in the sheikhdom of Dubai, some 100 unites of solar water heaters from the FS-NPTS Series were sold to private homes so far.

"One unit costs 6,800 Dirham (1,854 U. S. dollars), and its installation pays off after five years," Murad Fahmy, Business Development Manager at Solitaire Solar said, adding that prices in the solar industry came down by 60 percent since 2008.


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PD User at 2012-01-172.50.228.*
I am in Dubai and there is no mention of Mr Wen"s visit in any local newspaper or web at all.Very Strange !
  

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