German wind-turbine sales in China may shrink this year as the Chinese government and local developers, aided by an economic stimulus package, favor domestic products, Bloomberg reported on Friday.
Overseas companies have lost out on 5 billion euros of windmill projects under China's stimulus plan because bidding criteria make it impossible for them to compete, according to European Union Chamber of Commerce.
China is spending 4 trillion-yuan on an economic package that includes money for renewable-energy projects. The world's third-largest economy is expanding the development of renewable energy to reduce reliance on fossil fuels such as more polluting coal-fired power plants.
Meanwhile, China's wind power equipment manufactories are demanding that Germans hand over technology in joint ventures and cede control of more than half of cooperative projects in order to participate in wind development.
German's total turbine sales to China increased by 30 percent last year, sources said.
