China capitalizing on growing demand for renewable energy in Istanbul

World Today

China is pushing efforts to increase the share of non fossil fuel in its total energy use. Many Chinese companies have started to capitalize on the growing demand for renewable energy around the world. Solar products manufacturers like China Sunergy is seeing opportunity far beyond the local Chinese market. CCTV’s Natalie Carney filed this report from Istanbul, Turkey.

China capitalizing on growing demand for renewable energy in Istanbul

China capitalizing on growing demand for renewable energy in Istanbul

China is pushing efforts to increase the share of non fossil fuel in its total energy use. Many Chinese companies have started to capitalize on the growing demand for renewable energy around the world. Solar products manufacturers like China Sunergy is seeing opportunity far beyond the local Chinese market. CCTV's Natalie Carney filed this report from Istanbul, Turkey.

Highlights:

  • Beijing aims to install almost 18 gigawatts of solar power capacity this year alone.
  • The European Union is working toward a goal of producing 20% of its total energy from renewable energy by 2020.
  • In 2012 CSUN opened it first overseas factory in Turkey, which produces modules up to 300 Megawatts and solar cells of 100 Megawatts.
  • Experts say if countries boost solar output to 20% of total energy production, global emissions would drop by around 19 percent in 10 years.