China establishes renewable energy research centre

China establishes renewable energy research centre

2:31 AM, 27th February 2012
China establishes renewable energy research centre

BEIJING, CHINA: The Chinese government announced on 23 February 2012 the establishment of a renewable energy policy research centre as part of the country’s efforts to realize sustainable growth for the world’s second-largest economy. The China National Renewable Energy Centre (CNREC) will study and write development strategies and conduct research concerning renewable energy policies, as well as carry out cooperative programme with the international community. The centre will also help authorities to create a ‘developmental roadmap’ for photovoltaic power, wind power, biofuel and other renewable resources.

“To solve the problems facing the renewable energy industry, we must come up with policies and measures that are suitable for the sector,” said Liu Qi, Deputy Head, National Energy Administration. Funding for the center will come mainly from government allocations and the Sino-Danish Renewable Energy Development Programme, a five-year project jointly developed by the Chinese and Danish governments. China has become the world’s biggest investor in renewable energy sources, investing more than ¥ 300 billion ($47.62 billion) in renewable energy sources in 2010.

© Xinhua News

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