1. China's Renewable Expansion in Africa Political Drive or Market forces? Wei Shen

2. Chinese Renewable Sector at Crossroad China’s wind energy development between 2003 - 2013

3. Solar PV Manufacturing Capacity Vs. Energy Production Capacity

4. Why manufacturers are hit hardest during the crises? Impossible for horizontal integration Difficult for Vertical Integration in China Unable to control key resources and technologies Most vulnerable part of the production chain

5. Why manufacturers are most active in African Renewable market? Manufacturers Goldwind United Power Mingyang Envision XEMC Shanghai Electric Sinovel CSIC Dongfang Windey Developers Guodian Huaneng Datang Huadian Guohua CPIC CGN CR Power BEIH Suntian Manufacturers Yingli Trina Solar Canadian Solar Jinko Renesola Hanwha JA Solar Astronergy Guodian Solar Hareon Solar Developers CPIC Shunfeng CECEP Zhenfa Three Gorges CMNE Power China Huaneng TBEA Xinjiang Huadian

6. Thinking Africa ： major concerns Supportive policy mix of host countries Macro economic and political stability The problem of scaling up Major outcome: to export rather than to invest at current stage Incoherent corporate strategy

7. Political & institutional support New form of Green Mercantilism in Africa? ‘ Nowadays we cannot interfere too much about the corporate investment decision. If they insist go somewhere, we can ’ t stop them because it is market economy now. They (corporations) should be responsible for their own decision, even if they are SOEs. As government agencies we can only provide information and suggestions. ’ --- Officer from Ministry of Commerce

8. A multi-tires governance structure

9. The role of quasi-state agencies Providing various financial services Information dessemination Boosting corporate confidence Quasi-state agency = quasi-state investment? Equity InvestmentExport Credit Guarantee Finance

10. Key findings & Implications: Chinese manufacturers are 'Going out' in order to 'going down' in a globalized renewable production chain From direct to indirect state support via quasi-state agencies Reconsiders the risk perceptions of investing renewable projects in Africa

11. Conclusion Polarized opinions regarding China's increasing involvement in Africa Renewable energy sector: new wine in the old bottles? China's role and effort in Africa as a consequence of globalized production chain of renewable industries

12. Thank you! No. 8 University Road, Yichang, Hubei, China, 443002 http://www.ctgu.edu.cn/