Clean Energy Technologies Market in China 2019-2023| Evolving Opportunities with GENERAL ELECTRIC and Siemens | Technavio

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The clean energy technologies market in China is poised to grow by 568.96 GW during 2019-2023, progressing at a CAGR of over 8% during the forecast period. LINK 

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Technavio has announced its latest market research report titled global clean energy technologies market in China 2019-2023. (Graphic: Business Wire)

Technavio has announced its latest market research report titled global clean energy technologies market in China 2019-2023. (Graphic: Business Wire)

Read the 136-page research report with TOC on "Clean Energy Technologies Market in China Analysis Report by Technology (Clean coal, Hydropower, Wind, Solar, and Others), by End-user (Industries, Buildings, and Others), and Segment Forecasts, 2019 - 2023".

LINK 

The implementation of favorable government regulations along with increasing popularity of hybrid power projects are factors anticipated to boost the growth of the market.

The rise in demand for oil and gas and growth in the power sector are contributing to an increase in the level of CO2 emissions. This is encouraging the government of China to implement measures such as fast coal-to-gas switching and continued renewables deployment so as to minimize carbon emissions. For instance, China’s 13th Five Year Plan on geothermal energy was released by the NEA in 2018, which proposed raising the total geothermal heating (cooling) area to 1.6 billion square meters by 2020 and increase the installed capacity of geothermal power generation. Such initiatives are leading to an increase in the adoption of clean energy technologies such as clean coal, hydropower, wind, solar, and others. Thus, the implementation of favorable government regulations is expected to drive market growth during the forecast period.

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Major Five Clean Energy Technologies Market in China Companies:

GENERAL ELECTRIC

GENERAL ELECTRIC is headquartered in the US and operates the business under various segments such as Power, Renewable Energy, Oil & Gas, Aviation, Healthcare, Transportation, Lighting, and Capital. The company offers Clean coal technology, Wind turbines, and Hydropower.

JA SOLAR Co. Ltd.

JA SOLAR Co. Ltd. is headquartered in China and offers products through the following business units: Manufacturing and Solar projects. The company offers Bifacial mono PERC double glass module, Half-Cell module, Standard module, and Double glass module.

MITSUBISHI HEAVY INDUSTRIES, LTD.

MITSUBISHI HEAVY INDUSTRIES, LTD. is headquartered in Japan and operates under various business segments, namely Power Systems, Industry & Infrastructure, Aircraft, Defense & Space, and Others/Eliminations or Corporate. The company offers Ultra-supercritical boilers, IGCC, CCS, Wind, Solar, and Nuclear.

Shanghai Electric

Shanghai Electric is headquartered in China and offers products through the following business segments: New energy and environmental protection, High efficiency and clean energy, Industrial equipment, Modern services, and Others. The company offers Ultra-supercritical steam turbine and Supercritical steam turbine.

Siemens

Siemens is headquartered in Germany and offers products through the following business segments: Power and Gas, Energy Management, Building Technologies, Mobility, Digital Factory, Process Industries and Drives, Siemens Healthineers, Siemens Gamesa Renewable Energy, and Financial Services. The company offers Supercritical and ultra-supercritical steam turbine, CHP, Biomass, Solar, and Wind.

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Clean Energy Technologies Market in China: End-user Outlook (Revenue, USD Million, 2019 - 2023)

  • Industries
  • Buildings
  • Others

Clean Energy Technologies Market in China: Technology Outlook (Revenue, USD Million, 2019 - 2023)

  • Clean coal
  • Hydropower
  • Wind
  • Solar
  • Others

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report

Related Reports on LINK  include:

LINK  – Global Clean Energy Technologies Market by technology (hydropower, clean coal, wind, solar, and others) and geography (APAC, Europe, North America, and ROW).

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Business Wire: 10:00 GMT Tuesday 14th January 2020

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