China viewed as challenging for renewables companies

Participants at Macquarie's annual Asia-Pacific Infrastructure and Transportation conference in Hong Kong on Monday discussed various challenges and opportunities in the Asian renewable energy sector, coincidentally on the same day as the worldwide climate conference in Copenhagen began.

The renewables sector is now facing huge challenges globally because policies and administration are failing to keep pace with the growth. And the development of infrastructure is obviously not fast enough to meet the transmission demand, said Bruce Yung, managing director of Hong Kong Energy and one of the panellists at the conference.

For example, the regulatory regime in China is complex and issues like tax, subsidies and tariffs often complicate the administration, added Brian...