Bioenergy, Hydropower, Project Development, Solar, Wind Power

CCID Consulting Reviews China’s New Energy Industry

Beijing, China [RenewableEnergyAccess.com] According to CCID Consulting, China’s new energy industry has the following characteristics: China’s solar water heaters market has grown from sales volume in 2005 at 14.50 million square meters (m2) and is expected to reach 30 million m2 in 2010. This is due to China’s patented solar water heater technologies, its supplementary industries for solar water heaters and market mechanisms that advance the development of China’s solar water heater industry. CCID Consulting believes China’s wind power industry and small hydropower are receiving both attention and investment — but that the industries of new energies such as methane have yet to be marketed and industrialized.