Hidden dragon: China’s evolving relationship with the European renewable energy industry

Cross-border investment and mergers and acquisitions (M&A) between China and Europe in the clean energy sector was quiet in 2013. During the first three quarters of 2013, Chinese companies and investors announced two acquisitions of European clean energy assets (value undisclosed), which is significantly below the 13 acquisitions valued at $510m (£313m) that were announced in 2012.

There are good reasons for this. Many Chinese investors have been deterred from investing due to a mixture of subsidy cuts, uncertainty over political support for renewable energy and, in certain cases, lengthy delays in rolling out incentive schemes.

This is particularly evident in Central and Eastern Europe where some countries, such as the Czech Republic, have introduced retroactive cuts to renewable energy subsidies. Only 22 per cent of surveyed Chinese investors are targeting Central and Eastern Europe and Russia for acquisitions and/or investments in the next 18 months. This compares with 48 per cent two years ago…

If you are registered and logged in to the site, click on the link below to read the rest of the Taylor Wessing briefing. If not, please register or sign in with your details below.

Sign in or Register to continue reading this article

Sign in


It's quick, easy and free!

It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.

Register now

Why register to The Lawyer


Industry insight

In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.


Market intelligence

Identify the major players and business opportunities within a particular region through our series of free, special reports.


Email newsletters

Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.

More relevant to you

To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.

Briefings from Taylor Wessing

View more briefings from Taylor Wessing

Analysis from The Lawyer

  • merger deal

    Corporate crunch time: who will triumph at The Lawyer Awards 2014?

    As the equity capital markets rocketed back into favour and global M&A saw at least a partial return to form, there have been some rich pickings for The Lawyer’s Corporate Team of the Year award shortlisted firms in 2014. 

  • singapore orchid

    Singapore: Cash course

    The city-state is working hard to become a global wealth management hub, and law firms are gearing up for a prosperous new world

View more analysis from The Lawyer


5 New Street Square

Turnover (£m): 241.20
No. of lawyers: 860 (UK 200)
Jurisdiction: UK
No. of offices: 6
No. of qualified lawyers: 73 (International 50)
No. of partners: 29