China may merge and regroup a batch of wind power and solar equipment manufacturers in the next 12 months, said the director head of Renewable Energy & Environmental Finance, Asia of Standard Chartered Bank, Brad Sterley on the new energy summit that held in Shanghai.
Organized by the American Chamber of Commerce in Shanghai and the Asia Society Northern California, Greentech: A Call to Action was held on September 8 in Shanghai World Financial Central, self-assumed was a platform for people to collaborate and accelerate Greentech opportunities in China and the U.S.
Mr. Brad said that opportunities have been sprouted up in many fields, especially in wind power, solar energy, hydropower and waste recycling. The following 12 months was crucial period for these new energy sectors.
Standard Chartered is not only a sound financial institution, but its leadership in social and environmental governance is excellent . Their work in communities in emerging nations like Africa, Asia and the Middle East has helped foster economic growth, tackle climate change, poverty and other barriers to social, environmental and economic progress.
Our ambition is to continue to play a lead role in advising and financing clients on renewable energy projects and to contribute to securing a better environment for future generations, said Shayne Nelson, Regional CEO, MENA, Standard Chartered Bank.
Chartered Bank has poured US$70 million into China's effluent treatment and Euro 50 million into climatic change.
