By James Glave
February 20, 2014
New preliminary figures from Bloomberg Energy Finance reveal that in 2013 China installed a staggering 12 gigawatts of solar power capacity. That’s more than twice Canada’s total solar capacity, bolted on to rooftops in just a single year.
Beijing is again upping the ante in 2014, targeting an additional 14 gigawatts of photovoltaic capacity this year.
It’s the same thing with wind power, electric vehicles, and high speed rail. All are proceeding at a breakneck pace.
There are encouraging policy signals from Beijing that a tipping point may be approaching on energy and climate. This past weekend, China and the United States, the world's top emitters of greenhouse gases, pledged to work together to attenuate the effects of global climate change.
For Canadian clean-energy innovators, the opportunity is clear. China is a vast economy working to meet the challenge of how to deliver energy services such as heat, power and mobility to its growing population in ways that do not exacerbate already extreme pollution.
A recent Canada-China Economic Complementarity Study completed by the Department of Foreign Affairs, International Trade and Development found that significant opportunities exist for Canadian cleantech companies involved in bioenergy, renewable energy, and energy efficiency—including green building solutions.
Global clean energy policy expert Ethan Zindler will drill down into these possibilities at
Building BC’s Clean Energy Sector: The Asia Opportunity - a lunch-hour talk hosted by Clean Energy Canada in Vancouver March 4. Zindler is the head of policy analysis for Bloomberg New Energy Finance.
Clean Capital is pleased to partner with Clean Energy Canada on this event, and help share insights into this important and fascinating shift in the policy and investing landscape.
Photo Credit: Oregon Department of Transportation