Enter the Dragon
How China will impact Europe's renewable energy landscape
China's role in the development of the global renewable energy sector has been surprisingly subdued. International deal activity between Chinese and European renewable energy companies has been almost non-existent to date. Those hoping that Chinese money will help plug the funding gap currently constraining the development of the sector in Europe have so far been disappointed. But are we now set to witness a sudden upsurge in investment levels and deal activity as Chinese companies fix their sights on foreign shores in a much more focused way than in the past? At the same time, what strategies are European companies adopting as they pursue opportunities in China?
To address these questions, Taylor Wessing, in conjunction with Clean Energy pipeline, have just published a new report Enter the Dragon: How China will impact Europe's renewable energy landscape. It aims to understand more about the forces that might shape a Chinese investment strategy. Which sectors are most attractive and why? What are the key motivating factors? What role will the Chinese play? It is inconceivable that China will not play a key role in the development of this sector, but what shape will that role take and where will Chinese influence be strongest?
This report is part of a programme of activities under the Taylor Wessing Future Energy Forum, which aims to stimulate dialogue around important issues facing the energy sector and those who are dependent on it. Through a combination of events, reports, and round-table discussions we are providing an additional resource for those who are active in developing, financing and commercialising these energy sources.
Lawyers Dominic FitzPatrick
