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China and EU to tighten renewable links

Europe and Far East to seek green energy ties in solar and speed up technology transfer

China and EU are seeking to build ties across renewable energy, according to off
China and EU are seeking to build ties across renewable energy

China and the European Union is looking to build ties across renewable energy sectors. They are interested in seeking green energy links and expanding in solar and wind across Europe, according to reports. 

The Far East and Europe will work together to expand collaboration in the alternative energy sector to achieve shared objectives in terms of energy conservation and emissions reduction, officials said, according to China.org.cn.

Speeding up technology transfer and dealing with over capacity are also areas that are likely to be addressed. 

It reports that Han Wenke, director-general of the Energy Research Institute, under the National Development and Reform Commission has said cooperation in the development of green technology is an area that can draw China and Europe closer together.

He said EU countries have technological advantages: France is at the forefront of nuclear technologies, while Denmark is strong in wind power, and Germany excels in solar energy. China's drive to achieve environmentally sustainable growth will mean these technologies have a market for years to come.

"Over the past five years, China has led the world in the rate at which it has installed new clean energy generating capacity," said Phyllis Cuttino, director of the clean energy program for the Pew Charitable Trusts, a Washington-based research group, China.org.cn said.

"China's growth remains a formidable contender in the global clean energy race, leading the world in the production of wind turbines and solar modules," Cuttino said.

China and the European Union have complementary roles, said Zhang Min, head of the department of science and technology policy studies under the Institute of European Studies of Chinese Academy of Social Sciences.

EU countries have core technologies and research funding, while China has a huge market and plentiful resources. These elements form a solid basis for cooperation, Zhang said.

"But there are problems that need to be addressed - such as the slow pace of technology transfer - that hinder the effectiveness of new energy cooperation," Zhang said. Overcapacity is another issue facing China's emerging green energy industry, Zhang said.