ID :
175206
Wed, 04/13/2011 - 16:41
Auther :
Shortlink :
https://oananews.org//node/175206
The shortlink copeid
GERMAN ASIA-PACIFIC BUSINESS COUNCIL LINES UP IMPORTANT EVENTS ON M'SIA
By Manik Mehta
HAMBURG, April 13 (Bernama) -- The Hamburg-based German Asia-Pacific
Business Council, which looks into Germany’s economic and business ties with
Asia, has lined up a number of important industry-specific events on Malaysia.
Among them will be a renewable energy related event which will be on June 7
in Munich, dedicated to the photovoltaic and solar thermal industry.
The event is to be held under an export initiative project of the German
Ministry for Economics and Technology, in cooperation with the German-Malaysian
Chamber of Commerce and Industry, at the premises of the Bavarian Economic
Association.
German experts say that the tropical climate of Malaysia, with an average
sunshine period of seven hours a day, is ideal for solar-based electricity
production.
German businesspeople at the recent Hannover Industrial Show, which was
dominated by the energy debate, told Bernama that they were closely following
the "encouragement" given by the Malaysian Government to promote renewable
energies.
Malaysia passed the bill on the Renewable Energy Act 2010 early last week.
Under the bill, the government would offer competitive rates to buy power
generated by individuals and companies in efforts to encourage them to invest in
renewable energy projects.
By 2015, Malaysia expects to see an increase in its electricity production
from renewable energies by one per cent to 5.5 per cent.
Under the Act, the tariffs for the respective regenerative energies would
vary according to the type of technology and the size of the plant.
The event in Munich is being timed to coincide with the international
specialised trade fair called Intersolar Europe, affording the participants the
opportunity to have an intense exchange of views with the players in the
Malaysian market.
Another important event will be the Business Day Malaysia and Singapore on
September 28 in Mainz.
The German industry sees both Malaysia and Singapore as attractive markets
and investment sites in Southeast Asia.
Both countries have legal framework that offer security for potential
investors, while infrastructure is adequately extended and the earning capacity
of the people is strengthened in both the economies.
HAMBURG, April 13 (Bernama) -- The Hamburg-based German Asia-Pacific
Business Council, which looks into Germany’s economic and business ties with
Asia, has lined up a number of important industry-specific events on Malaysia.
Among them will be a renewable energy related event which will be on June 7
in Munich, dedicated to the photovoltaic and solar thermal industry.
The event is to be held under an export initiative project of the German
Ministry for Economics and Technology, in cooperation with the German-Malaysian
Chamber of Commerce and Industry, at the premises of the Bavarian Economic
Association.
German experts say that the tropical climate of Malaysia, with an average
sunshine period of seven hours a day, is ideal for solar-based electricity
production.
German businesspeople at the recent Hannover Industrial Show, which was
dominated by the energy debate, told Bernama that they were closely following
the "encouragement" given by the Malaysian Government to promote renewable
energies.
Malaysia passed the bill on the Renewable Energy Act 2010 early last week.
Under the bill, the government would offer competitive rates to buy power
generated by individuals and companies in efforts to encourage them to invest in
renewable energy projects.
By 2015, Malaysia expects to see an increase in its electricity production
from renewable energies by one per cent to 5.5 per cent.
Under the Act, the tariffs for the respective regenerative energies would
vary according to the type of technology and the size of the plant.
The event in Munich is being timed to coincide with the international
specialised trade fair called Intersolar Europe, affording the participants the
opportunity to have an intense exchange of views with the players in the
Malaysian market.
Another important event will be the Business Day Malaysia and Singapore on
September 28 in Mainz.
The German industry sees both Malaysia and Singapore as attractive markets
and investment sites in Southeast Asia.
Both countries have legal framework that offer security for potential
investors, while infrastructure is adequately extended and the earning capacity
of the people is strengthened in both the economies.
