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World Future Energy Summit to Host Largest-Ever Chinese Business Delegation
Abu Dhabi, United Arab Emirates, Following the UAE and China's recent landmark agreement to collaborate on renewable energy innovation, the World Future Energy Summit announced today it will host its largest-ever Chinese business delegation.
As one of the world's largest energy consumers, renewable energy investment in China could reach USD 145 billion per year to 2030, or USD 2.2 trillion in total, according to a recent report by the International Renewable Energy Association (IRENA).
Furthermore, China will account for nearly 40 percent of the world's renewable energy capacity growth until 2020, according to the International Energy Authority.
The UAE and China are set to be key renewable energy players, with the two countries recently signing a partnership on sustainable development and renewable energy.
"Our largest-ever Chinese contingent represents new business opportunities for both Chinese renewable energy experts in the fast-paced Middle East and North Africa market, and for international investors in China's strong renewable energy sector," said Naji El Haddad, Group Event Director, World Future Energy Summit.
More than 30 Chinese energy exhibiting companies, especially solar power manufacturers, are set to include BYD, JA Solar, Jinko Solar, Suntech, Trina Solar, and Yingli Solar wil showcase their latest technologies and innovations to an expected 30,000 attendees, he added
Hosted by Masdar, WFES 2016 is held at the Abu Dhabi National Exhibition Centre from 18-21 January 2016, co-located with International Water Summit and EcoWASTE.
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About Masdar
Masdar is Abu Dhabi's renewable energy company advancing the development, commercialisation and deployment of clean energy technologies and solutions. The company serves as a link between today's fossil fuel economy and the energy economy of the future. Backed by the Mubadala Development Company PJSC, the strategic investment company of the government of Abu Dhabi, Masdar is dedicated to the Emirate's long-term vision for the future of energy.
For more information about Masdar, please visit: www.masdar.ae
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About World Future Energy Summit
The World Future Energy Summit (WFES) is the world's most influential event dedicated to advancing future energy, energy efficiency, and clean technology. Held each year at the Abu Dhabi National Exhibition Centre, WFES is hosted by Masdar Institute. The WFES 2015 exhibition and conference saw 650 companies from 40 countries, and more than 32,000 attendees from 170 countries participate. For more information, please visit www.worldfutureenergysummit.com.
About Abu Dhabi Sustainability Week
Abu Dhabi Sustainability Week (ADSW) is the ground-breaking global forum that unites thought leaders, policy makers and investors to address the challenges of renewable energy and sustainable development. With the global population set to reach nine billion by 2050, ADSW promotes collaborative thinking and development to accelerate the sustainable solutions needed to support rapid economic and population growth. An Abu Dhabi government initiative, ADSW is the largest gathering on sustainability in the Middle East and a significant forum in stimulating the international dialogue and action. For more information, visit www.abudhabisustainabilityweek.com.
© Press Release 2016
