24 May '11, 9am

China Faces IP Challenges in Drive for Renewables

China Faces IP Challenges in Drive for Renewables

But beyond the headline numbers, there are particular challenges facing new entrants. Many of these will come in the guise of intellectual property, which requires strong policies and frameworks to protect the future value of such investments. The Chinese Ministry of Industry and Information Technology last year restated a 10-year commitment to aggressively pursue green energy policies and reduce its dependence on foreign produced energy . It followed China's elevation in 2009 to the very top of the G20 table of countries investing in renewable energy, pushing the US and UK into second and third place, respectively. Additionally, a five-year plan that sees renewables take a 15% share of final energy consumption has also been announced. Altogether, this package has been spurred on by a variety of initiatives, which followed renewable energy legislation passed in 2005. These...

Full article: http://www.renewableenergyworld.com/rea/news/article/2011...

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