Development of Renewable Energy Will Propel the Clean Energy Technology Market in China from 2014 to 2018: TechNavio

LONDON--()--TechNavio has announced the publication of its market research report on the Clean Energy Technology Market in China, which is expected to grow at a CAGR of 11.6 percent from 2014-2018.

The growing need to reduce CO2 emissions and increase energy efficiency is driving the growth of Clean Energy Technology Market in China.

Clean coal is by far the largest segment of the market, currently holding more than a 65 percent market share. However, the rapid increase in CO2 emissions from coal-fired power plants has shifted operator focus towards clean technologies like supercritical and ultra-supercritical for coal-fired power plants. Additionally, nuclear and solar power are expected to gain prominence over the projected period.

About the Report

China is one of the biggest renewable energy markets in the APAC region, and has introduced policies, laws and incentive programs to encourage investments in renewable energy sources.

“China has the largest cumulative installed wind power capacity worldwide. It was 91.4 GW in 2013 and this figure expected to grow considerably by 2020,” says Faisal Ghaus, Vice President of TechNavio.

The rapid growth of renewable energy in China is also expected to reduce the installation of conventional power plants and instead lead to construction of a number of coal-fired power plants during the forecast period.

Key Information Covered in the Report:

  • Market segmentation, size and forecast through 2018
  • Market Growth Drivers:
    • Reduction in CO2 Emissions and Increased Efficiency
    • For a full detailed list, view our report.
  • Market Challenges:
    • Waste Disposal from Nuclear Reactors
    • For a full detailed list, view our report.
  • Market Trends:
    • Increased Installation of Clean Coal Capacity
    • For a full detailed list, view our report.
  • Key Vendors:
    • Alstom SA
    • Trina Solar Ltd.
  • Other Prominent Vendors:
    • Dongfang Electric
    • Envision Energy
    • JA Solar Holdings

TechNavio currently has more than 3000 market research reports on a huge range of topics, including 50+ reports on the clean coal technology market:

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

TechNavio Research
Jes Ellacott, +1 630-333-9501
UK: +44 208 123 1770
Media & Marketing Executive
www.technavio.com
media@technavio.com

Release Summary

The Clean Energy Technology Market in China is expected to grow at a CAGR of 11.6 percent from 2014-2018, according to TechNavio.

Contacts

TechNavio Research
Jes Ellacott, +1 630-333-9501
UK: +44 208 123 1770
Media & Marketing Executive
www.technavio.com
media@technavio.com