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Germany, China Sign Agreement to Push Renewable Energy Expansion

Jan. 14 (Bloomberg) -- Germany and China agreed to work together for the expansion of renewable energy sources such as solar and wind.

German Environment Minister Peter Altmaier and Liu Qi, deputy director of China’s National Energy Administration, signed an agreement today in Abu Dhabi, Altmaier’s ministry said in an e-mailed statement. Both countries seek to work together on energy policy, implementation of energy systems, and showcase projects such as renewable-energy cities in China, it said.

China, the world’s largest carbon emitter due to its dependence on coal, plans to add 49 gigawatts of renewable-energy capacity this year in an effort to boost power production without increasing its reliance on fossil fuels.

To contact the reporter on this story: Stefan Nicola in Berlin at snicola2@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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