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China could surpass Europe as the world's top renewable energy growth market
China could surpass Europe as the world leader in renewable energy growth market in 2012 green as Europe’s economic recession have moved into the background the renewable energy market, according to a recent report released by the US International Energy Agency (IEA). China’s renewable energy market will grow by over 20 GW this year, surpassing European OECD countries, while the European renewable development will ease to below 20 GW.
read more... 13/07/2012
IEA: global installed PV capacity to reach 230 GW by 2017
IEA expected great growth in renewable energy markets by 2017, while the photovoltaics industry is expected to scale up the fastest and is forecasted to reach about 230 GW in 2017, compared to just 11 GW of concentrating solar power (CSP) capacity now. Solar power will contribute with about 5% to renewable energy generation in 2017.
read more... 12/07/2012
IEA: Renewable power will grow by 40% in next 5 years
According to a new report released by the International Energy Association (IEA), solar, wind, hydropower and other renewable sources will boost to more than 40%, to about 6,400 TWh, and the emerging markets will become the main driver of the increase in renewable power capacity over the next five years.
read more... 09/07/2012
IEA: has predicted in-creased prospect in the coming five years.
According to a new report of IEA(Medium-Term Gas Market Report 2012 ) China will become the third largest gas importer behind Europe and Asia Oceania. While the U.S. will continue to take advantage from the lower prices of unconventional gas revolution.
read more... 12/06/2012
China’s gas consumption to triple by 2030
China’s annual gas demand is forecasted to grow to 350 billion cubic meters (33.8 Bcf/d) by 2020 and 550 Bcm by 2030 from 130 Bcm in 2011, according to IEA estimates.
read more... 08/06/2012