23 Aug '11, 1pm

China Tops 2011 Index Rankings for Renewable Energy

At the same time, recent unrest and the risk of further conflict in the Middle East and North Africa region have highlighted crucial issues around energy supply security and oil price volatility. European governments have slashed budgets and reduced feed-in tariffs (FiTs), causing solar cell prices to fall while solar manufacturers' margins are being squeezed due to rising silicon and other commodity costs. RANKINGS OVERVIEW China has climbed to its highest ever score in the Index, principally by diversifying its renewables portfolio through an increased focus on offshore wind and CSP. While China surpassed the US to become the world's largest energy consumer in 2010, environmental targets set out in the 12th Five-Year Plan include an increase in the proportion of energy from non-fossil fuels to 11.3 percent by 2015, from the current 8.3 percent. To meet this target, China...

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

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