The China Greentech Initiative releases The China Greentech Report 2012, the third in the series of annual China Greentech Reports. Each edition is the culmination of the annual collaborative research and development effort undertaken by CGTI's Partner Program community of 100+ commercial and policy organizations.
The China Greentech Report 2012 in particular enables readers to understand:
Four factors that characterize challenges and opportunities in China's greentech markets
- China and global economic forces have impacted greentech growth
- Aggressive government policies will continue to support greentech growth
- Public awareness of urgent environmental problems is growing
- China is going global to satisfy energy security needs and to meet emission reduction goals
Market updates and opportunities for six greentech sectors:
- Cleaner Conventional Energy - natural gas infrastructure; distributed gas power, coal bed methane; advanced nuclear power
- Renewable Energy - relocating solar operations overseas; retrofitting wind turbines for higher output; biogas production
- Electric Power Infrastructure - distributed energy management; energy storage; charging infrastructure and grid communication networks
- Green Building - green building design; building energy retrofits; green building material supply; energy management
- Cleaner Transportation - cleaner internal combustion engines; China's fleet vehicle electrification market; electric vehicles (EVs) and charging infrastructure.
- Clean Water - wastewater and sludge equipment; water-use efficiency equipment; water quality monitoring technologies
Some of the highlights from The China Greentech Report 2012 include:
- Vast unconventional domestic gas reserves, including shale gas and coal-bed methane, could ease China's gas shortfall, which is expected to grow nine-fold by 2015
- Private equity and venture capital investments in China's private water sector increased from $US 50 million in 2010 to US$ 400 million in just the first four months of 2011
- Wind and solar farms costs have fallen dramatically: onshore wind farms in China can now be completed for around RMB 7000/kW and photovoltaic (PV) system costs have decreased from RMB 74,000/kW in 2007 to less than RMB 13,000/kW in late 2011 with costs continuing to drop
The China Greentech Report 2012 is available for free download at www.china-greentech.com/report.