More than 40 Chinese companies have signed up for the 2014 World Future Energy Summit to be hosted by Masdar in Abu Dhabi next year.

The summit will take place from January 20 to 22 in Abu Dhabi, as part of the Abu Dhabi Sustainability Week. It will be co-located with the second International Water Summit and the inaugural EcoWaste exhibition.

The summit has been established as the leading global platform for the adoption of renewable energy, clean technology and sustainable development, said a statement from Masdar.

China has the most installed renewable energy power capacity in the world at 90 gigawatts (GW), nearly 20 per cent of the world total, according to the latest Global Status Report released earlier this year by the renewable energy advocacy group REN21.

Naji El Haddad, the show director, said that China’s investment in renewable energy continues apace and the benefits of that commitment will be on show to both visitors and conference delegates at WFES 2014.

“China has experience in ramping up significant capacity in various renewable sources of energy, not only solar. This experience will be a huge asset to planners and policy makers in the GCC states as they seek to deliver on a series of targets for the deployment of renewable energy in the years ahead,” he remarked.

China’s 12th five-year plan for 2011-2015, has earmarked $294 billion for domestic renewable energy projects and a further $376 billion to invest in energy efficiency technologies and carbon emissions reduction.

“Solar will be a focus at both our conference and exhibition but we will also be debating the increasing integration of technologies to enhance the share of renewables in final energy consumption and to maximise energy savings,” stated El Haddad.

With all the GCC states setting targets for renewable energy production, El Haddad said the regional appetite for renewables is creating demand for technology and know-how from all corners of the world, not only the traditional markets of Europe and the US.

Collaboration in renewables and sustainable technology between China and emerging markets will be further promoted during WFES at a side event hosted by the Chinese Renewable Energy Industries Association and the International Renewable Energy Agency, which is headquartered in Abu Dhabi, he added.

Open to registered visitors, ‘China Day’ will receive ministerial level representatives from the Chinese government and guest speakers from leading corporations. - TradeArabia News Service