By 2020, the Chinese government plans to generate 15 percent of the nation’s total energy consumption by increasing the use of alternatives to fossil fuels, such as wind and solar power. Today, China is the largest wind power market in the world, but this rapid growth is experiencing a backlash on several fronts.
First Solar announced yesterday that it has entered into a strategic cooperation framework agreement with China Power International New Energy, a wholly owned subsidiary of China Power New Energy Development Company Limited.
Both companies will collaborate on solar energy
China leads the world in total investments in renewable energy and energy efficiency, although as a percentage of overall economic activity Denmark ranks first in clean-tech spending, according to a report by the conservation group WWF.
The report says that China is currently investing $65
The competition in cleantech between the U.S. and China is heating up. In a press release issued last month, China’s state owned State Grid Corporation of China estimated that accommodated wind power will exceed 90 GW by 2015 and 150 GW by 2020.
As part of China’s wind energy growth, China’s
Though the Obama Administration has taken some serious steps to help accelerate the market for offshore wind power in the United States, a new report from Pike Research reveals that it is Europe that is in the driver’s seat, and that China is the other prime contender for world leader over the next decade.
The market for offshore wind in Europe is more
Two new studies forecast that energy use and carbon dioxide emissions in the U.S. and China will level off by about 2030, even if aggressive measures are not taken to rein in greenhouse gases.
The forecasts, particularly for China, contradict widespread predictions that China’s energy use
If properly harnessed, geothermal energy systems could help China meet its growing energy needs, providing a reliable source of power that comes with negligible carbon emissions. On Friday the Shanghai Institute of Geological Engineering Exploration announced geothermal heating and cooling systems may soon be deployed in the city of Shanghai, saving residents
In the race to save the environment, one of the most important things is reducing greenhouse gas emissions to lessen the global carbon footprint. One of the biggest ways to achieve this is to look for alternative options when it comes to transportation. Cars are required to get from one place to another, so the question is how to make them more
Clean tech investors seem to agree that the criteria for a sound investment are still focused on the “Team, Technology, and Markets.” But according to John Denniston, Partner at Kleiner Perkins Caufield & Byers, “We’re either at the beginning of the end or the end of the beginning” (March 15 Keynote at the 2011 San Francisco Cleantech Forum). This shift in the clean
Worldwide installed wind capacity grew by 38.3 GW in 2010, according to the Global Wind Energy Council. That’s an increase of 24% in global wind capacity, and slightly higher than previous estimates of how much wind had grown last year. In February the total new installed wind capacity was estimated at 35.8 GW, significantly less than the 38.6 new GW installed in 2009. The
The United States fell behind China and Germany in clean energy investments in 2010, a result of the lack of a coherent national energy policy in the U.S., according to a report by the Pew Charitable Trusts.
China invested $54 billion in clean energy projects in 2010, Germany invested $41 billion, and the U.S. invested $34 billion,
A number of the cleantech efforts between the United States and China reflect the need for cooperation on issues surrounding climate change and clean energy as it is a major factor in the relations of these two countries. Although there are still issues to resolve in many of the collaborations, it is believed that if the United States and China can continue in their cleantech
(Reuters) – China‘s vast nuclear push is likely to slow after the government ordered a safety crackdown on Wednesday in the aftermath of Japan’s nuclear crisis.
The announcement by the State Council, or cabinet, was the clearest sign yet that the crisis at a quake-ravaged nuclear complex in northeast Japan could affect China’s
This week I’ve been examining the rare earth materials critical to a host of clean technology applications. The intention is to produce an accurate forecast of rare earth demand from the clean technology industry.
As we’ve talked about before, several rare earth metals with unique chemical and