The Chinese government aims to double the contribution of renewable energies to the country’s energy mix by 2020. Biofuel, solar and wind energy are already a part of the mix.

Alternative Energy

The market

China’s sheer size and high rate of economic growth present huge environmental challenges, which are high on the government’s current agenda. The government-backed “China’s Renewable Energy Law” provides incentives for investment in alternative energy, including research and development for new technologies, especially in the wind, solar and biofuel energy fields. China currently relies on coal for 70% of its energy and plans to reduce that figure to 60% by 2020. In order to make up for that energy, China’s goal is to have 15% of the country’s primary energy to come from renewable energy sources by 2020, up from 6% in 2006.

How we can help you access this market

Opportunities exist for technology suppliers, investors, carbon trading, service providers and others. The Balloch Group can work with you no matter what aspect of the market you wish to target. Our relationships with key government departments will help us move your project along. If you are at an earlier stage and are trying to consider how to enter the market, we can capitalize on our experience in this sector to develop a strategy for you. Our clients and success stories pages provide more information on our achievements in this sector. Or, you can contact us directly to learn more about what we can do for your firm.