A new World Wildlife Fund commissioned report finds that China has maintained its lead in manufacturing clean energy technology.
The report was published in the Clean Economy, Living Planet, which was launched during the AWEA Windpower conference.
Roland Berger Strategy Consultants prepared the report along with De Lage Landen and Rabobank.
The report is based on the sales of wind turbines and solar panels and other clean energy technology products manufactured in 2011. Based on total sales value, China leads, with the US in second place and Germany in third. But in terms of size of economy, US lags behind other countries. In 2011, the worldwide sales increased to nearly €200 billion.
Policy uncertainty, under-investment and not making use of growth opportunities is affecting US ranking. The US manufacturing sales of total clean technology increased 28% from 2008-2010 and went down to 17% from 2010 to 2011. The production of solar PVs in the US has increased by 16% and it maintains a leading 61% share in bioethanol. In clean technology, Taiwan grew at 36% in 2010-11, followed by China, India, South Korea and the United States. The US lags behind China, Germany and Denmark in the market for wind technology.
The clean tech sector is forecast to be comparable with the oil and gas equipment market and is expected to be around €240 and €290 billion.
Source: http://www.rabobank.com
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