Environmental Revolution

18. 10.2010 NTVMSNBC

China, the most polluting country in the world, has become the world’s largest market in renewable energy leaving Germany behind.

is an environmental revolution in China. China’s renewable energy generation capacity is yet second in the world back of the US. However, the fastest growing country in the renewable energy industry derived from natural sources such as Chinese wind, solar and water. Wind turbines with a total of 14 thousand megawatt power in China last year.

China left Germany behind by raising wind power capacity 25,8 gigawatta in 2009. The wind power capacity of China in 2008 was 12,02 gigawatts. China passed Germany in solar power systems. Last year, China increased its market share to 40 percent in the production of photovoltaic panels that convert solar energy into electrical current, while Germany’s share back to 15 percent.

China-German joint venture that provides solar energy systems Sinosol AG Stuttgart’s Board Member Sven Krug is committed to increasing its production quality in China. Krug “the quality of Chinese goods is at the level that can compete with world brands from the first. Our experience shows that Chinese are now advanced in the continuity of quality“ says.

Sinosol sells solar energy products from China to Europe. Thanks to the explosion in renewable energy sector in China, the company has recorded 100 percent growth in recent years. One of the two photovoltaic solar panels installed on roofs in Germany comes from China. German firms are forced to cope with the appropriate prices offered by Chinese competitors.

German producers are criticizing the advantages in competition with incentives from the state of Chinese companies.

However Sinosol AG is a member of the Board of Directors of Stuttgart, Sven Krug does not find this assessment correctly and pay attention to the establishment of large amount of solar energy systems especially in the east of the country with incentives in Germany. Sven Krug sees the chance in the renewable energy sector in China, the German companies who are forced to compete with Chinese firms in Germany.

Sven Krug states that German companies need German companies in the planning of solar energy systems and parks.

On the other hand, German companies reach the attractive future technology to China, but the chances of winning public tenders in China are very little.

Avukat Ji Hailong, “We have the right to participate in the official tenders of foreign firms, but the fact is that big projects take Chinese firms. In other words, it is necessary to participate in tenders with joint venture called ‘Joint Venture’ with a Chinese business.

]Click to access the page]