Crouching Tiger: How China will impact Europe’s renewable energy landscape
This briefing is a wide ranging report based on research and interviews with leading figures in the energy industry and considers the state of the market one year on, the drivers behind investment, which technologies and investment opportunities that are most attractive to investors in Europe and China and the opportunities for Chinese investors in Europe and for European companies to provide equipment and services to the Chinese markets.
According to an ancient Chinese proverb “when the wind of change blows, some people build walls, others build windmills”. No doubt the author did not have renewable energy policies or international trade relations in mind when this was penned but the words are apposite in the challenging circumstances of 2012.
As we go to press, the European Commission has announced that it is launching an investigation into government subsidies alleged to have been provided to Chinese solar PV manufacturers. This follows on the heals of the United States International Trade Commission upholding the imposition of increased import tariffs on Chinese solar equipment and China’s complaint to the World Trade Organisation against subsidies provided by some EU governments. It seems that many people are building walls…
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