China 'leads the world' in renewable energy

China is the world's leading producer of energy from renewable sources and is on the way to overtaking developed countries in creating clean technologies, according to a report by the Climate Group.

Published August 1st 2008, the group's report, China's Clean Revolution, shows that supportive government policies investing billions of dollars in energy efficiency and renewables are driving huge levels of innovation in China.

The Climate Group says that, despite its coal-dependent economy, China has become a world leader in the manufacture of solar photovoltaic technology - its six biggest solar companies have a combined value of over $15bn (£7.57bn). Around 820 megawatts of solar PV were produced in China in 2007, second only to Japan.

The country already leads the world in terms of installed renewable capacity at 152 gigawatts. In the next year, China will also become the world's leading exporter of wind turbines and it is also highly competitive in solar water heaters, energy efficient home appliances, and rechargeable batteries.

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Read the Summary Report - China's Clean Revolution